Proof is in the Shareholder Update. See yellow stickie above.
Sales last year rounds to $1.8 million.
Divide that by $15 per device to Biel.
120,000 Actipatches sold all of LAST YEAR.
B.Braun just eclipsed that number adding 140,000 in sales PER QUARTER.
The is another 560,000 a year.
That is over 450% Growth.
That is now a total of 680,000 a year going forward.
In a few Months add Germany and another 700,000 Actipatches a year.
Total from 120,000 a year to 1,380,000 Actipatches being sold a year.
Folks, that is over 1100% growth.
That is about a penny with a PE of about 30 and about 4 pennies with a PE of about 120.
Now add the NHS Prescribing and I think that will add another 1000% growth to last year.
Now add everything else going on with growth.
130,000 Shelves contracted for in the last 4 months Smart Insole Licensing Agreement (TBA) MundiPharma Contracted for 9 Countries Teva's ANDA Inc. Selling in America, (60,000 Customer Base) Performance Health, selling in America (nearly 120,000 Physical Therapy Clinics and about 16,000 Long Term Care Facilities)
Now folks do you see my call of Biel being a
SUPER MONSTER!!
Check out the Video
5 Major Pharmaceutical Companies selling little ole Biel!!
What else is in the pipeline we DON"T know about yet?
FDA Pre-submission Meeting May 9th for full clearance.