The more I look into this company, the more excited I get.
~They are a anti-viral producer in a world were every government is trying to accumulate a huge stockpile in case of an Avian Flue outbreak.
~They are growing sale and improving margins in a company that is already profitable. (more than $2mm profit in first 8 months)
~They are only 2-3 months away from beginning production in their new "solids" factory which they will immediately begin to introduce their highest margin products. (Two of those products are 36 mm/yr drugs in which they expect to be the only domestic manufacturer which should lead to a nice market share.) "It will also allow us to apply for licenses to produce the two new high profile biotech products used to treat cancer and diabetes which were acquired at the time of the acquisition of our interest in Hubei Benda."
~"Although it is possible we will achieve significant sales levels with some products as they are introduced and perform beyond expectations, projections for the 2005 fiscal year do not include significant revenues from the solids line. Management is confident that an extrapolation of the eight months performance in the previous fiscal year to a full operating year are realistic, resulting in sales revenues of between 9 and 10 million dollars and net operating profits of approximately 3 million dollars"
~They have over 70 products that they can produce, but are just concentrating on those with the highest margins and the least competition at this time. Once they have the new facility established, they will have an endless amount of other products they can introduce and hopefully bundle with their more elite drugs.
~The stock will then almost reach $30 per share before they have quality issues and have to recall their entire line of products and the stock will drop back down to $4 pps. (LOL. Seeing if anyone was paying attention. AMLS was reminding me a little of ABRX when I loaded up around this same $.28 level. AMLS actually seems to have TONS more going for them than when ABRX was at .28.)
Hope they can follow through on their plans. If so, this could be a nice long hold for me.
HomerRomer
