Yes. I'll give you an example of my thesis on 6 to 10 quarters. Currently we have 1 rep at tenn rx up to 165k per month. THATS A RUN RATE OF 2M IN REVS. We get Approx 20% of that so 32k. Remember Trueheart that is without the DEA license or schedule 2 licenses that will have the controlled substances that will go to FLORIDA WHICH IS HUGE AS YOU KNOW. I believe in 90 days with DEA licenses intact rx will be over 300k per month. Thats a run rate of approx 3.6m in revenues. If we put on 3 additional reps over the next 90 days an integrate them into the mini mckesson model the #s with DEA go up a lot. Lets say this current rep is BABE RUTH I WILL TAKE 50% OF MY PROJECTION WHICH WOULD BE 150K PER REP PER MONTH. So 450k per month for 3 new reps and 300k for Babe Ruth thats 750k per month Thats 750k x 3 is approx 2.3m in revs for the quarter. 2.3m revs x 4 is approx 9.2m in revs for the year.Frankly these figures are very low but you can see that with reps in a couple of quarters the growth just with rx is enormous. 10m is a very doable $. Thats .02 cents approx in eps x 20 thats .40 cents just on Rx. I hope we dont end up in Walmart, I much rather the China rapimeds, its far better then USA. TO COMPETE NOW IMO WITH JNJ OR MORE SPECIFICALLY TO GET 1% of the mkt is not in my plans at this time. I hope rapimeds USA actually doesnt happen, I like where we are right now. The costs and timing for USA is not in my model. I am most interested in rx, pimd, and the cherry is China rapimeds. The loosening in China and the fact is NO ONE in china has meltaways that I know of. MY EXPERIENCE TRUEHEART SUGGESTS TO SUCCEED AS A START UP IT TAKES 6 TO 10 QUARTERS TO SUCCEED. It is a formula that has worked for me. THIS COMPANY HAS GONE THRU the growing pains, and now after this week 92% of notes out of the way, SCRC has a 90% chance of execution. I HAVE NEVER FELT MORE CONFIDENT!
SCRC!!!
