This is something I read regarding the HSN. Is it possible that we should be using 7,175 times the cost per unit divided by .25 for the valuation, in addition to the figures from the contract for 25,000 units. Also, click on the link at the bottom.
Younger America's Wholly-Owned Subsidiary, Life Without Pain, Has Sold 3,715 MEDLIGHT 630PRO Devices on Home Shopping Network
July 1st, 2007
Younger America (Pink Sheets:YNGR) is pleased to announce that the Company's wholly-owned subsidiary, Life Without Pain, has sold 3,715 MEDLIGHT(TM) 630PRO devices on the Home Shopping Network. The units were sold for $189 plus shipping and handling per device. Currently, the Home Shopping Network has a purchase order for 7,175 MEDLIGHT(TM) 630PRO devices that are still available on its Web site.
Based on the NASA-developed LED technology, the MEDLIGHT(TM) 630PRO offers Life Without Pain's patented 81 LED array in a lightweight and easy-to-use AC-powered device. The MEDLIGHT(TM) 630PRO offers powerful affordable pain relief and will not damage any tissue....