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Re: rstar post# 10505

Friday, 11/22/2013 8:40:38 AM

Friday, November 22, 2013 8:40:38 AM

Post# of 97215

The company’s current proprietary product offering, approved by the FDA for commercial distribution on November 30, 2012, is the Shasta Genstrip blood glucose diagnostic test strip for at-home testing. Shasta Genstrip is a product conceived and designed by Shasta Technologies LLC, and fits into a diagnostic product niche and will sell into the world-wide self-test (home test) market that is expected to grow to $32 billion worldwide by 2017.


http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=9617149

if DECN could capture 1% of that market yearly revenue would be
1% of 32b= $320 million (1% seems easy w a more accurate product 1/2 the price of market leader)
generously say earnings were just 30%ish at 100 million
w a conservative 10 p/e gives a market cap of $1b which is apx a 40 bagger from here...
sorry if this is crude back of the envelope math many of you have all studied and dissected here,
still trying to process what i am seeing, please make corrections.

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