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Re: ofspring post# 10865

Tuesday, 10/21/2014 11:32:01 AM

Tuesday, October 21, 2014 11:32:01 AM

Post# of 12450
Once again let me remind you IGXT has a product in a $200M category - and they have no competition from a performance perspective. The problem is their CEO Zerbe and the bozos he picked to market the product.

It's been on the market almost 3 years now. If they start to gain some traction, the PPS will go up significantly and quickly.

Quick math for you - if they capture just 10% of the market in sales ($20M), then the royalty revenue to IGXT (@22.5%) gets them a profit of $4.5M per year. Even the business illiterate Zerbe can capture 10% when you don't have any competition.

Go luck with your shorting this stock at $0.40. Just the above mentioned product, plus the patent portfolio are worth twice that.
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