Replies to post #5402 on Innovus Pharmaceuticals Inc. (fka INNV)

[futurebeaneater]

You really nailed the reason I have over a quarter million shares... and continue to buy... you stated with flute approval we will see .05 profit.. there are plenty of 3 and 4 dollar stocks that don't have that kind of potential in the next 12 to 18 months.. jmho. dyodd appreciate your opinions though as there is risk..

[s_Henderson]

Ok, malpractice might have been the wrong word I chose. Language barrier.

At least in terms of revenue we would be heading into the range you mentioned if FlutiCare was approved soon. I still think his estimate of $15 mio. FlutiCare revs for the first year on the shelves is conservative. Fits his underpromise and overdeliver strategy.
The crucial thing so is that with FDA approval the perception of the stock will change drastically. This will help the share price immensly even if the fundamentals would still be lagging somewhat behind at this stage. I don't think you will have much luck trying to mathematically derive the share price of a pennystock like Innovus at some time point X based on pure fundamentals.