When we finally do get to see the updated financials, and hopefully the current quarter too, I have a feeling we will be pleased. There is no way for us to know how many Thermo's are selling other than guessing, but they are selling and they are in at least 6500 stores. Some, like the stores in my area, are just right on the shelf and very visible. In other areas they are behind the counter because of theft concerns and are less visible. If the Pharmacist likes it, he will show and recommend it. What's not to like?
I can easily imagine a two per month/store figure being very reasonable. I KNOW they are selling more than that here in at least two stores that I watch.... I will try and stop in a few more this weekend to gauge their volume too.....
Using same figures: 2 mth x 6500 stores x 12 mths x $25ea? /252M x 15 Mult = $.23
This is why I have held that we should be above .10 in a short time (maybe 90 days) and higher going into spring. If in fact they merge and/or pick up some new lines to sell into, we could even get to .40 or higher pretty easily. Sure sounds impossible from where we are.... but remember that we are still below value now for many reasons. Those reasons should all be clarified over the next month or so and away we go.... Imagine if they were to pick up 10 more large retail? 20? .... We could be on all the shelves with a million units per year by year end..... this type of an item has a real "everyone likes it, needs it, wants it" appeal.
This still does not include getting into everyday medical hands... a huge market as well...
jmo...but I think higher than a nickel too... there will be those selling all the way up. I'll be hanging till summer at least to see how it goes.
b
