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Re: greenpea23 post# 2187

Friday, 09/12/2008 11:15:06 AM

Friday, September 12, 2008 11:15:06 AM

Post# of 59551
Prospects for IMGG are very good. But, with a manufacturing capacity of 100-150 units per year ( read ibox above) your figures are a bit optimistic. A high end unit would run $500,000. Gross profit, 40%.

This would give sales at 75,000,000 for a gross profit at 30,000,000. With 238 million shares outstanding thats .126 per share.

Maybe out a few years numbers will improve.