When I came up with $.21 it was based on earnings of $4 million. I believe it's clear that we have reason to believe we'll earn much more than $4 million, but that was the number used in the podcast.
Right now we essentially have a mystery. We know that Gary Grieco indicated an average of 2 to 3 hospitals added each month in the U.S. but we also know he said beginning in July they planned on making 25 units a month, and he actually said growing 40% each month thereafter. While I doubt if they can achieve 40% growth month after month, I did look at producing 5 more than the past month each month, and I think that's achievable. If you figure 10 units a month for 2 to 3 hospitals in the U.S., that's a lot of units that would go to the U.K. I don't know the price tag for all those units, but I believe it will be in the millions when it's paid. Because we know so little about the U.K. agreement, we really have no idea when they pay, it could be any time from, before we ship, to after the units installed and is operating. My point is, I believe we'll be bringing in a lot of money from the U.K., I just don't know when.
I did speculate in another post that they may be using shipping containers to transport multiple units to the U.K. I don't know how many they can put in a single shipping container, but if they're not fully assembled, it's possible that perhaps 100 units could fit in a single container. My point is, it could take several months of production to fill a single container, and that could mean a big payoff after several months. Of course it's also possible they're air transported individually, that's all part of the mystery. What's important is that we will be paid, whether we're paid for each unit individually delivered 100 times, or one payment for 100 units shipped together, we will be paid.
Gary
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