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Re: None

Friday, 06/22/2012 3:11:34 PM

Friday, June 22, 2012 3:11:34 PM

Post# of 237
$15M worth of GlucoTel production was planned..Here is how I came up with this number:

LInk below says they were planning on producing 350,000 GllucoTel units..

www.hoise.com/vmw/07/articles/vmw/LV-VM-12-07-15.html

GLucoTel is selling for 28 Euros (link below):

www.diashop.eu/product1978/product_info.html

So, 350,000 times 28 euros gives us close to 10M Euros whcih is about $15M production per year. Even if they are selling half of what they were producing every year, it is about $7M revenue atleast per year and with 44M O/S it is about $0.16 pps based on revenues imo

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