Sunday, October 03, 2010 9:55:30 PM
From an earlier CYCA PR, read below to understand this key connection:
http://finance.yahoo.com/news/Cytta-Appoints-Exceptional-iw-2198779498.html?x=0&.v=1
…Mr. Harz with his wife Marilyn K. Harz RN, Ph.D. continue to work together in the development of medical products to better manage the healthcare needs of people with chronic conditions in preparation for healthcare reform. …
For inquiring minds, Dr. Marilyn K. Harz is currently the Vice President of Heritage Provider Network, Inc. This is a major medical provider operating in a variety of which she is based out of the one located in California:
http://www.linkedin.com/pub/marilyn-harz/6/a5a/615
http://www.heritageprovidernetwork.com/?p=home
Below is an article confirming that Heritage has over 600,000 patients:
http://articles.latimes.com/2009/nov/20/business/la-fi-lakeside20-2009nov20
…The affiliation with Lakeside brings the number of patients under the Heritage umbrella to more than 600,000. …
These posts below are solid to understand what it is that CYCA is bringing to the table for their technology to reform the Healthcare Sector and related Industries:
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=49015981
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=49838787
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=50233618
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=49840470
Now, in getting back to discussing the over 600,000 patients that are there under Heritage, it brings the potential below given a $50 per month cost for utilizing the service that is to be used by CYCA for those patients if a deal is struck…
600,000 x $50 = $30,000,000 per month
$30,000,000 per month x 12 months = $360,000,000
As you can see, this is just from one company, the Heritage Provider Network, Inc. Let’s go conservative and presume that if such a deal was to take place, they would only get 60,000 instead of 600,000 of the patients within Heritage. This would make for $3,000,000 per month with an annual total of $36,000,000 per year. Still, $36,000,000 is a very solid amount considering this potentially being just one deal from one facility.
Even with its newly known OS of 1,014,616,666 shares, we can derive the EPS below:
$36,000,000 x .25 = $9,000,000
$9,000,000,000 ÷ 1,014,616,666 = .0088 per share
Multiply now the .0088 by a conservative PE Ratio of 12 to derive below…
.0088 x 12 = .1056 per share
Please understand, this is not me saying that CYCA is definitely going to hit .1056 per share, but I am saying that it is worth taking the risk at these levels in my opinion.
v/r
Sterling
Recent CYCA News
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 08/19/2024 08:02:37 PM
- Form NT 10-Q - Notification of inability to timely file Form 10-Q or 10-QSB • Edgar (US Regulatory) • 08/15/2024 04:15:37 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 05/20/2024 08:48:35 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 02/16/2024 10:05:30 PM
- Form 10-K - Annual report [Section 13 and 15(d), not S-K Item 405] • Edgar (US Regulatory) • 01/12/2024 09:30:53 PM
Lingerie Fighting Championships Signs Broadcast Deal With Maybacks Global Entertainment • BOTY • Sep 26, 2024 9:00 AM
Maybacks Global Entertainment and Lingerie Fighting Championships Enter Into Broadcast And Revenue Sharing Agreement • AHRO • Sep 26, 2024 8:30 AM
North Bay Resources Commences Operations at Bishop Gold Mill, Inyo County, California; Engages Sabean Group Management Consulting • NBRI • Sep 25, 2024 9:15 AM
CEO David B. Dorwart Anticipates a Bright Future at Good Gaming Inc. Through His Most Recent Shareholder Update • GMER • Sep 25, 2024 8:30 AM
Cannabix Technologies and Omega Laboratories Inc. Advance Marijuana Breathalyzer Technology - Dr. Bruce Goldberger to Present at Society of Forensic Toxicologists Conference • BLOZF • Sep 24, 2024 8:50 AM
Integrated Ventures, Inc Announces Strategic Partnership For GLP-1 (Semaglutide) Procurement Through MedWell USA, LLC. • INTV • Sep 24, 2024 8:45 AM