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Re: QuidWilson post# 76997

Wednesday, 09/05/2018 11:19:53 AM

Wednesday, September 05, 2018 11:19:53 AM

Post# of 140474
So both you and Savage believe the stock stays around, what, $2-$3 until sales of SPORT units? No amount of hype or development progress, or strategic partner, or otherwise could propel this stock towards $10 or higher? Design freeze? Hype on fda submission? Surprise early CE Mark? Etc etc?

I would respectfully disagree, but we all, of course, are entitled to our opinions. I remain optimistic and of the belief we see a valuation of at least $300M, if not $500M+ upon regulatory submission, and then an even larger valuation upon approval.

We are at $46M as of today at $2.10, just for a frame of reference, with 22M shares O/S.

Assuming all $3.20 warrants get exercised, then at an O/S of approximately 30M, a $300M MC equals a share price of $10, and $500M MC equals a share price of $16.50

All IMO of course!