YOU ARE DEAD ON King Koopa! BONU GOING MUCH HIGHER SOON ENOUGH!
As I stated earlier, I was trying to reach the company and did, and we are GOLDEN here on a very large scale.
What I was told was the very things listed here. Since the information that was discussed and confirmed is posted in the 10Q, the best thing that I can say is the relationships they have are with some of the BIGGEST Pharmas in the industry!
You can figure out the rest from there.
But what I can and will stress is this statement.
To date our marketing efforts have led to over 100 trials of our products of which 70 are active at the current time. Our products have been ordered within the segments of university laboratory medical research, pharmaceutical manufacturing and veterinarian care. These trials have led to the addition of 20 new customers of our products.The 70 active trials currently in process are pending results for placement of orders.
All I can say is that some of these trials are more than likely no longer trials and are now paying customers! When we hear about the new customers and their updated revenue numbers I think we will all see the writing on the wall here.
IMHO, BONU will not be below .10 in the near term.
Let’s consider that fact that BONU downgraded its 2013 Revenues to be $1,120,000 as the company indicated within their most recent 10Q filed with the SEC:
Let’s presume that with their manufacturing agreements in place that there is a 75% Net Expense Margin for 2013 which in-turn will return a 25% Net Income/Profit Margin for BONU for 2013… then see below:
$1,120,000 BONU 2013 Revenues x .25 Net Profit Margin = $280,000 “Potential” Net Income
Within the link below is confirmation that the Price to Earnings (P/E) Ratio is 19.40 for the Chemicals - Major Diversified Industry which is the Industry of where BONU should exist to trade so we should use such as its growth multiple as indicated below: http://biz.yahoo.com/p/110conameu.html
.0017 “Potential” EPS x 19.40 P/E Ratio = .0329 per share “Potential” BONU Valuation
Understand, I threw the word ”Potential” in there because still, although BONU is slowly revealing to us their plan, they still have to file such numbers above to capture what I posted above. I believe that as BONU reveals more of their business objectives to further confirm the growth as expected from what was within the same 10Q filed with the SEC, we should see some share prices much higher than the .0329 that I had derived above for the reasons below: