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Re: StockAppre post# 25420

Friday, 01/13/2012 7:06:37 AM

Friday, January 13, 2012 7:06:37 AM

Post# of 92705
If you want to throw around low ball guesses, I would say that based on the PR that says that they provide "safety verification and location services for over 2000 patients daily"....it says patients, not customers, but even if only 1/100th of the patients they provide "services" to are paying customers, that means that daily they receive $1000 from services rendered...(2000/100 = 20 paying customers per day...20x$50 = $1000, $1000x365 days = $365,000 yearly). I know it is all an assumption, but that's assuming only 1/100th of the customers are paying for something; it could be much higher or much lower, but I like that they have a goal to triple revenue in 2012! All IMO...go RIGH (Budgenius)!!

My thoughts and opinions are my own and nothing I say should be taken as a recommendation to buy or sell any stock; do your own DD and succeed.