These would be projections for 2015 and on. We will not have the 100 customers until the end of fiscal 2014 and the demand for authentication for those companies will be throughout the years ahead.. It's a rolling process and we are now starting to authenticate our first customers from what the Dr. said. You with me yet?
In the conference call the Dr. referred to this as picking the fruit off the tree. He said we are just now beginning to authenticate marks from our largest clients. We are also planting new seeds entering new industries which will fuel growth.
When working with multiple companies doing $3 billion - $30 billion in revenue I think its safe to assume they will be authenticating more than 10 items a month. This will bring up our average item authentication per customer greatly. These industries such as pharmaceuticals already spend $80 billion annually on anti counterfeiting so our entry into the market does not have as much resistance as you would think. The Dr. believes electronics numbers are similar. These are all things he touched on in the conference call. He actually sounded pretty excited about the demand for authentication and that is our cash cow IMO.
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