BioCorRx Inc. (BICX)

[itsdetatti]

Yep...we all agree that it will. Just different expectations of when ;)

Typically a company trades at least 10x it's revenue...so to hit $1, it needs to be at LEAST 118,140,000/20 = about $6M in revenues (150 patients at 40k payout each, but supposedly it can be as little as 15-20k meaning you could need over 300). Only good news is that "over 300" means only a little more than 1 / business day. Big companies usually trade at 10x revenue which means they would need double that (300-600). If they release even more shares then they have 200M available sooooo could be roughly double those #s (600-1200 on the high side which is between 3-4 patients per day).
It'll take a long long long while to get to those #s. Chances are they will achieve those with additional clinics, not through a single clinic!

Anyways, i think if they show any positive net income, even a tiny tiny one, then we very quickly inflate back to the book value and then from there it will trade at some multiple of annual revenues.
I doubt we see positive net income, but I think we could see it when 1st quarter 2012 results come out (that is extaordinarily optimistic though).

I'll be on vacation starting Friday morning SOOO I will probably be less active on the board, but I wish everyone luck and especially me cause I have a ton of money riding on it :-P