He says their targeted customer to market the phone to has roughly 500,000 users worldwide . Lets do the math. 500k phones , paying monthly fees plus the initial hardware sale.
500,000x $10 per month ( conservatively ). Plus lets say the make $50 per phone sold. Also on the low end.
$25 Million revenue for phone sale
And $60 Million per year on recurring income annually.
What does that translate into Market Cap at ? $200m $500m $1B ?
200m = $0.60 per share
500m = $1.62 per share
1B = $ 3.24 per share
Thats just 1 of their targets. Which can very well be where the phones are being BETA tested as we speak.
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