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Hank Kerchief

09/06/12 11:52 AM

#24932 RE: wobblenuts #24930

From Yesterday on twitter:
EPGL Med ?@EPGLMed
Brian, Absolutely we believe in $3.5 billion annual market potential revenues.

It would be nice to clear that up. If we consider 25% of that then we are still talking over a dollar a share I would think.

Black8

09/06/12 11:54 AM

#24933 RE: wobblenuts #24930

I think they meant 3.5B annually. There are 15 million physicians worldwide, if not more. If they eventually sell just 10% of those docs on the MPDD device, that is $18B in potential revenues, based on $12k per unit. You can imagine the revenue if they sell 20% or 50% of the physicians in years to come. So I think they see a market here.

EPGL