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shamus8

09/11/12 9:19 AM

#2151 RE: mrnutsandbolts #2150

Many investors seem focused on litigation and I suppose that is an issue that is potentially materially important to this company but I am a simple person and I do not wish to bite a big bit of air so I would rather snap my teeth down on something that is real. When SmartMetric begin the process of selling their IP to a buyer a revenue stream will initiate. Even if those revenues are absorbed at +100% of revenue a business model exists. So any investor in such notion would be commensurately rewarded as a company takes an increasing percentage of the top line to the bottom line. That said, where I would love SMME to see 1 million, 2 million, 3 million or 10's to 100's of that come in $$ terms via litigation, the most valuable aspect that will affect (God forbid me using the term) PPS will moreso come from sales of IP... I do not believe the company is wanton with $$ so even, given a burn rate, the revenue will impact the PPS, then once that comes, as long as they don't go +100% in burn rate, you can get an EPS which then must be looked at on vis-a-vis a CAGR.