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Re: mangan post# 99776

Monday, 02/08/2010 12:47:12 PM

Monday, February 08, 2010 12:47:12 PM

Post# of 216417
Let's assume for a minute they only get Korean approval. No US yet.

A population of 50 million with 175,000 doctors. Not counting hospitals, vet clinics, horse tracks, agriculture.

Say they sell 50,000 units. At an average of $17,500 (half 1 sensor and half 5 sensor). That's $875 million in sales and doesn't even factor in the software license.

With annual sales of $875 million you don't think a market cap of $750 million is attainable?

Not saying it will happen tomorrow but with KFDA approval its not out of the realm of possibility to sell 50,000 units in Korea alone.

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