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Tuesday, May 13, 2014 11:47:28 AM
In the conference call the Dr. referred to this as picking the fruit off the tree. He said we are just now beginning to authenticate marks from our largest clients. We are also planting new seeds entering new industries which will fuel growth.
When working with multiple companies doing $3 billion - $30 billion in revenue I think its safe to assume they will be authenticating more than 10 items a month. This will bring up our average item authentication per customer greatly. These industries such as pharmaceuticals already spend $80 billion annually on anti counterfeiting so our entry into the market does not have as much resistance as you would think. The Dr. believes electronics numbers are similar. These are all things he touched on in the conference call. He actually sounded pretty excited about the demand for authentication and that is our cash cow IMO.
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