Progressive Care Inc (RXMD): Threeflight, I don't think it is too...

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Re: Threeflight post# 148476

Wednesday, 09/09/2020 11:32:33 PM

Wednesday, September 09, 2020 11:32:33 PM

Threeflight, I don't think it is too much. If they spent 5 years to develop their software with 16 people. Even if you pay 100K dollars per employee, that would take 1.6 mills per year. 1.6 * 5 years = 9 mills. You know 100k is rather small for a software engineer. That is just for the salary. You have to pay more for their benefits. That should cost you a lot more than 10 mills if you start developing the software from scratch. It is not for the revenue.

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