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tykundegex

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tykundegex

Re: e-ore post# 356

Thursday, 03/05/2015 9:46:10 AM

Thursday, March 05, 2015 9:46:10 AM

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That's great to hear, finally shipping in volume (albeit modest for now)! My guess is that the royalties they get from the JV will bring the company $10/m2, so that's still very modest revenue projection for 2015, but it's a good start.

The company's licensing model will allow them to run on very low overhead. Half a million $ in revenue for this year, and the company valuation is $4MM today. Terrific upside for this stock if the company can show continued growth in their pipeline.
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