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Monday, October 06, 2008 11:54:20 AM
WOW!!! Great news and thanks for the alert!
48,000 kits per week = almost 200,000 kits per month. IF the kits sell for over $5/kit = potential revenue of $1 million per month. Even at a 50% profit margin, this is $500k in net revenue per month. This should be sufficient to make NanoLogix self funding AND profitable! This would prevent further dilution of the existing share-company owners and allow NNLX to further expand as clients and sales grow! Great news for Bret and Team as more indications that the change in management has indeed changed the direction of the company AND our investments!
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