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tedpeele

05/17/14 10:56 AM

#1182 RE: nynewbie #1180

The 7-8 million was explicitly stated in a presentation around that time.

tedpeele

05/17/14 11:02 AM

#1183 RE: nynewbie #1180

I'd be happy with $5.6 million, a nearly 50% gain annually. In addition it would reflect an acceleration of the growth rate on a quarterly basis. The hopes for very large returns here are due to the claims that this is disruptive technology in a very large market -- the implication being that it is worth north of $100 million, maybe even $1 billion 10 years down the road when one of the larger players then owns it.

If sales start to point toward that then all the whining, in which I have recently participated some, will be seen as a reflection of not only impatience but pure ignorance. But, that's just an IF at this point.