ALR Technologies SG Ltd (ALRTF)

[TheLastOneSitting]

The $4 NASDAQ shareprice key is MarketCap. $4 x 268M is just a $1 Billion dollars. It may sound like a lot but if you look at Livongo at over $2B with 150k users its not hard to imagine at all. Not to mention the revenue will justify it easily, if we figure $5-$10 a month per patient at 150k patients we're looked at $9M-$18M a year. But at 500k patients its $30M-$60M a multiple of just 20 is $1.2 Billion. LVGO has a P/S of 18 but it was as high as 30.

If we partner with Sanofi/Novo/Eli (Pharma), a healthcare provider, or a government backed partnership like Canada I think we could see 500k users very quickly, if not much more. I believe Canada currently has between 2-4 million diabetics, and the USA has over 100 million. If we get Canada, or a healthcare provider the numbers are easy to justify.