Dont't know about a sales price based on % of sales figure for you, but I do know the asset to liability ratio is 18 to 1 at last count. That outta be good for something?
They are in the Health Care industry, have no debt, a patent and some revenue on the books if that is any indication of their sustainability.
I am expecting to learn more about what to expect through the forward looking statements.
OS 171M x .01 = 1.71M dollars Conservatively.... You kidding me?
That is the lowest that we will get..
Lookin @ least 5M minimum on this company....
Healthnostics, Inc. (PINKSHEETS: HNSS) paid $280,994 to eliminate notes payable, leaving a balance of $51,463 which will be retired in the coming months. These transactions significantly strengthen the Company by removing all long-term debt from the balance sheet.
Management is confident that the Company can fund ongoing and future operations without reliance upon debt. It is a financial strategy that provides stability, reduces risk, and eliminates interest expenses.
Healthnostics, Inc. (PINKSHEETS: HNSS) reported preliminary 1st Quarter revenue of $487,000 and profit of $278,000. This track of record sales and earnings is projected to accelerate throughout the year.
Details will be provided when the Company reports final 1st Quarter Revenue and Earnings.