Thursday, January 06, 2011 3:25:09 PM
By the way, here is why ISCR sales won't fall off a cliff. The majority of ISCR revenues is diabetic testing and treatment related. Major customers went from 2 to 14 recently and here is the future.
Just now Dr Phil stated on his show that Obesity is expected to be 80 percent of our population by 2030. With the rate of Diabetes exploding the last 2 decades and the trend continuing, companies that service that industry will benefit.
http://www.gsk.com/infocus/diabetes.htm
? The prevalence of obesity in the United States continues to be high, exceeding 30
percent in most sex and age groups.ii
? The prevalence of obesity and overweight has dramatically increased over the past 28
years, moving from 46 percent of the population during 1976-80 to 66 percent in 2003-
2004, according to the Centers for Disease Control and Prevention's National Health
and Nutrition Examination Survey. The latest survey results for 2007-2008 reveal 68
percent of the population is overweight or obese. iii
? Over 72 million Americans were overweight or obese in 2005-2006.iv
? The age group most likely to be obese in comparison to those older and younger is
adults between 40-59 years of age.v
? Between 1980 and 2004, adult obesity rates have doubled.vi
? Childhood obesity rates have more than tripled in the last 30 years and adult obesity
rates have more than doubled.vii
? The percentage of obese young adults (18-29 years) more than tripled from 1971–1974
to 2005–2006, whereas the percentage in almost all other adult age groups has doubled
within that same time period.viii
? The prevalence of overweight and obesity has risen consistently among every
population group in the United States albeit at various rates.ix For example, the adult
population is becoming obese and overweight at a quicker rate than the child
population.
? If the existing rate increases continue, then by 2030, the percentage of American
adults overweight and obese will be approximately 86.3 percent, while the obesity
rate (having a Body Mass Index (BMI) over 30) will be 51.1 percent.x
? If current trends continue, 100 percent of American adults will be overweight or obese
by the year 2048.xi For African American women, the 100 percent prevalence mark
would be attained by 2034.xii
o As of 2003-2006, 80.5 percent of African American women were overweight or
obese.
Given those statistics, imagine what will happen when ISCR launches their Genstrip . A new test strip much cheaper then competitors product and much higher profit margins for ISCR.
No wonder ISCR presold over 1,500,000 units in less then 3 months and isn't currently taking new orders due to high demand.
http://pharmatechdirect.com/genstrip.html
I smell success.
Just now Dr Phil stated on his show that Obesity is expected to be 80 percent of our population by 2030. With the rate of Diabetes exploding the last 2 decades and the trend continuing, companies that service that industry will benefit.
http://www.gsk.com/infocus/diabetes.htm
? The prevalence of obesity in the United States continues to be high, exceeding 30
percent in most sex and age groups.ii
? The prevalence of obesity and overweight has dramatically increased over the past 28
years, moving from 46 percent of the population during 1976-80 to 66 percent in 2003-
2004, according to the Centers for Disease Control and Prevention's National Health
and Nutrition Examination Survey. The latest survey results for 2007-2008 reveal 68
percent of the population is overweight or obese. iii
? Over 72 million Americans were overweight or obese in 2005-2006.iv
? The age group most likely to be obese in comparison to those older and younger is
adults between 40-59 years of age.v
? Between 1980 and 2004, adult obesity rates have doubled.vi
? Childhood obesity rates have more than tripled in the last 30 years and adult obesity
rates have more than doubled.vii
? The percentage of obese young adults (18-29 years) more than tripled from 1971–1974
to 2005–2006, whereas the percentage in almost all other adult age groups has doubled
within that same time period.viii
? The prevalence of overweight and obesity has risen consistently among every
population group in the United States albeit at various rates.ix For example, the adult
population is becoming obese and overweight at a quicker rate than the child
population.
? If the existing rate increases continue, then by 2030, the percentage of American
adults overweight and obese will be approximately 86.3 percent, while the obesity
rate (having a Body Mass Index (BMI) over 30) will be 51.1 percent.x
? If current trends continue, 100 percent of American adults will be overweight or obese
by the year 2048.xi For African American women, the 100 percent prevalence mark
would be attained by 2034.xii
o As of 2003-2006, 80.5 percent of African American women were overweight or
obese.
Given those statistics, imagine what will happen when ISCR launches their Genstrip . A new test strip much cheaper then competitors product and much higher profit margins for ISCR.
No wonder ISCR presold over 1,500,000 units in less then 3 months and isn't currently taking new orders due to high demand.
http://pharmatechdirect.com/genstrip.html
I smell success.
