Just talked with Megan at headquarters.
I asked to speak with Paul Johnson but he was out. I asked her how many of the devices were sold and she said that ASARCO won't allow that to be disclosed. I asked her the price per device. She said that it couldn't be sold for less than $5500 per agreement. I asked her for the total outstanding shares and she told me that there were 79,000,000 outstanding with 15,000,000 in the float. At $3.30 per share that is a market cap of $260,700,000. WOW. That should put Paul and his partner in at least the FORTUNE 1000 any day now. I wonder how many devices will have to be sold to verify that the market value is indeed where it should be. At a 50% profit margin per device that would be $2,750. It would require 189,600 devices to be sold at $5,500/device to at least generate that amount of sales.
Who and where are these devices being produced and manufactured. It would take a facility of decent size to produce a minimum of 519 devices per day to meet the demand to reach the sales quota. Heck and don't the US have about 189,600 troops deployed in Iraq and Afganistan? Hey that's it. The UN is going to buy 1 device for every American soldier stationed in the middle east.
As the beer commercial says.. "BRILLIANT". The poor terrorists will be out of business in no time. Go Sniffex
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