Cardiac Network Inc. (CNWI)

[erpy]

Jonny,

Not sure to many people read the November 7th release where it states:

"The monitors, which work anywhere and transfer data through any telephone or cellular device, will be available for a set up cost of $499 for the HeartOne device and the patients will pay a monthly monitoring cost of $49.99."

This is good information that allows one to forecast and/or derive possible revenues. Obviously if they sell 1000 units at 499 each for a revenue of $499,000 (initial sale) + $599,880 (re-occuring monthly monitoring cost for a year) = 1.099M. They only need to sell a 1000 unit to make 1M in revenues. The monthly re-occuring cost could make them alot of revenues.

I think if they could announce number of units sold per month or to date, it would allow an investor to quickly figure some value out. Sales number dont give us net income but at least it a start. I sure wish I could see their balance sheet to see how long it would take them to break even and starting making a profit.

Waiting and Dreaming, wish I could see a balance sheet and find out if they have sold any units yet?

Eric