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Re: MICRONICK59965 post# 9625

Friday, 11/13/2009 3:39:32 PM

Friday, November 13, 2009 3:39:32 PM

Post# of 72328
You have no idea what it costs to penetrate markets like Asia and Europe. They are selling a product, which is not unique, maybe for you, but competition in this field is rather overcrowded and this by heavy hitters. Comes to it, that they do not even own the patent, the pay for the licence, but the terms of the licence are clear - See latest 10K filing - and I have my doubts, if they gonna make the requested figures. In short, they are nothing more than a distributor of a product. If you ever have been in that business, then you know, the margings are nothing to write home about. First you pay for the licence, then you pay for the production, then you pay for marketing - and this is costly - and then you pay the retailer, that he takes your prodcut etc.etc. Not much left at the end. You need a very large volume to make a decent return on your investment. This company, for sure is not the right one.