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Re: livinginsv post# 25797

Saturday, 10/25/2014 7:33:48 PM

Saturday, October 25, 2014 7:33:48 PM

Post# of 30046
The establishment of a separate subsidiary allows AMDL to concentrate specific resources to the successful execution of that plan. ADI intends to achieve goals set forth in its 5-year plan by securing adequate financing, significantly broadening its distribution network, and continuing to research, develop, and commercialize current and future diagnostic products. ADI’s management believes sales of Onko-Sure test kits are likely to exceed US$100 million per year by the end of FY2014. Current projections for ADI indicate FY2009 sales of approximately $1 million and generating a small loss for the year, and sales of approximately $17 million with over $13 million in earnings in FY2010. - See more at: http://www.clpmag.com/2009/08/amdl-inc-announces-inauguration-of-new-diagnostics-subsidiary/#sthash.7zDui7mZ.dpuf


http://www.clpmag.com/2009/08/amdl-inc-announces-inauguration-of-new-diagnostics-subsidiary/

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