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Alias Born 03/29/2012

Re: None

Friday, 03/15/2013 11:35:08 PM

Friday, March 15, 2013 11:35:08 PM

Post# of 30361
Why I am in this stock for the long haul. The ED market outside the US is at least 2 billion, if Apricus partners capture 20% of that market that is 400 mil in sales. The low double digit royalty is 10% which equals 40 mil for Apricus. 40 mil divided by @ 30 million shares outstanding equals $1.33 earnings per share. At 10 times earnings per share that makes the PPS at $13.30 per share. I believe this is a conservative estimate of what may happen. this does not take into account the monster potential of Femprox. GLTA
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