Saturday, January 14, 2006 9:48:01 AM
For 2006, Igen projects to penetrate 10% of the market for OxyView and realize revenues of roughly $15M (hospital and outpatient revenue combined). If Igen only realizes half of their OxyView goal for 2006, they pull in $7.5M (not including revenues from Secure Balance, etc). If you assume a conservative profit margin of 30%, that gives you a company that makes $2M+ on OxyView alone this year !
As I said in my previous post, the market cap is only $2M now at a 18 cent price. CHEAP STOCK !!!
Revenue projections for OxyView
http://fsnews.findlaw.com/articles/prnewswire/20060103/03jan20060715.html
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