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Re: Dimitrios George post# 25155

Wednesday, 03/30/2016 8:12:57 PM

Wednesday, March 30, 2016 8:12:57 PM

Post# of 30368
I agree with your post DG. The potential for Vitaros is huge,the ED market world wide is @ 5 billion. If Vitaros could capture just 10% of the market that would equal 500 million,10% royalty would equal 50 million for Apricus. This would be 50 million divided by @ 61 million shares would be @ .81 per share in earnings. At a conservative p/e ratio that would equal @ $8 a share. That is not counting milestone payments or any revenue from Rayva. I think this is the minimum we could expect long term.
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