Creative Medical Technology Holdings Inc (CELZ)

[uvaphd]

Figuring out costs/profit from 10Q:

Possible interpretation of the kit numbers (SEEMS at least worth considering given that the number that we DO know—$1,600/kit—divides evenly into the two numbers they gave in the last 10Q): $9,600 / $1,600=6. Now, because it is likely that only Dr. Gershman was performing these CaverStem procedures (AUA was still almost 2 months away) and very few potential clients would have any idea what the procedure was, 6 for one physician sounds reasonable in context.

Now divide that same 6 into the report cost of goods: $2,400/6=$400/kit.

If correct, this would mean that, at least for this period, the cost to CELZ per kit is $400 and they are selling it to the physicians for $1600.