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Alias Born 10/18/2006

Re: rigmedic post# 89

Monday, 11/06/2006 12:30:39 PM

Monday, November 06, 2006 12:30:39 PM

Post# of 3616
I Agree, the tech clock is ticking, but it's not midnight yet (11:15 and counting). Once the Edge is out in the field, the debt will be paid back with some part of subscription revenue. 5,000 units @ $45 per month average (1-3 year plans) that's $225,000/month. There is also the $75 per unit set up fee. For 5,000 units that's ($375,000) and unit sales on contract terms of less than 3 years. I might be wrong, but I'm not selling yet.