GFP - After that presentation I tried to figure out that number myself with no luck. I asked the company and was told the percentage was mid 20s. If you write them maybe they will give you the formula they use.
Honestly I wish I would have pushed harder myself to get that answer. I guess after listening to Yak on that webcast and hearing the 20% I decided that I was comfortable with that percentage. In all honesty I think they should make that available.
If the numbers are in fact that strong it would be a plus for the compnay. The other item I wish they would make available is their burn rate which is near as I can figure about 1/2 million which is very very low. I did ask if this guess for the burn rate was fairly close and it is.
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