Intl BioChemical Industries Inc fka IBCL

[biochemyst]

pooryou,
your thoughts on the UV sterilization are off-base. We are not in competition with that product. They treat municipal water. Those units are EXTREMELY costly to operate. They work, but they cost a fortune in up keep. BSTI's market is in surface coatings. The market there is almost endless. Who the hell would have even thought to look at treating the rollers of a paper mill??????? I'm glad someone at bsti came into contact with that one, but I must admit I'm puzzled about who thought of that.

On patents. BSTI had 55MM worth of contracts for the ext five years. It had been stated that profit is about 75% for the orders. Which is about 40 million dollars PROFIT. Now, what p/e ratio do you want to use to calculate the worth of those patents over the next five years?


Looks a bit better than the gruesome forcast in your last post.

bio