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Post# of 4978373
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Monday, 04/26/2004 5:16:07 PM

Monday, April 26, 2004 5:16:07 PM

Post# of 4978373
ETCR INFO

The following will give you some idea of the potential earnings for ETCR !

Example of Volume Projections
The Commonwealth of Kentucky collected 19 million fill records in 27 months of KASPER (“Kentucky All Schedule Prescription Electronic Reporting”) operation. Below are the projections from that data: Factor Value
Total KASPER Transactions 19,000,000
KASPER Months 27
Fills per Month 703,703
Kentucky Pharmacists* 3,046
Fills per Pharmacist/Month 231
Kentucky Practitioners* 13,830
Fills per Practitioner/Month 51
Fills per Prescription Written 1.5 (est.)
Prescriptions/Practitioner/Month 34

Extrapolating the KASPER data to all diversion-tracking states provides the following results: Factor Value
Practitioners* 421,389
Pharmacists* 91,729
Prescriptions Written per Month 14,327,226
Fills per Month 21,189,399
Total Transactions per Month 35,516,625

Which is roughly: 426199500 Yearly
If charged .25/transaction and ETCR gets 25% of that revenue...then its about $26 million almost all of which is total profit on the books of ETCR...

Finally, reading the business model one see's that the revenue model is not based soley on prescriptions. That is merely phase 1. They fully intend to provide other valuable services on a subscription basis.

This is an area of much more competition. However we will have an advantage over competition in that we will already be "in house", providing an insurance discount, etc...the sale of the new services will boost revenue much further over the coming years. We may even see some partnerships with existing companies in this area down the road...or be purchased by them..etc...

All my own opinion...but based on the business plan model on the company website...

http://www.equitytechnologies-resources.com/pages/556152/index.htm


Hawk

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