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Post# of 94785
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Shinisaurus

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Shinisaurus

Re: stills999 post# 87989

Thursday, 02/23/2012 10:03:42 AM

Thursday, February 23, 2012 10:03:42 AM

Post# of 94785
NEWN-is essentially an OEM for this deal. I don't find the OEM business attractive whatsoever, NEWN is probably making next to nothing on this deal.

The U.S. partner is selling 1 million worth of product. And that's at the U.S. partners retail price. I'm not sure how much New Trent will mark up the product, but NEWN will receive significantly less than 1 million in revenues. Even if NEWN generates a 10% net margin for this OEM work (unlikely) it's going to make less than $90,000.

So no I don't believe these miniscule (if any) profits are enought to support a ten million dollar market cap.
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