251,190 for 2012. Less than mikey's compensation package.
Less than 1/2 of last year.
Total sales, royalties, patent estate minus cost of goods, $1,258,598.
Pretending this puppy can explosively gorw based on i/p....par is 50x "net sales"... 54mm o/s.
Believing Mikey that this is a picks&shovels supplier, 14x gross sales. $1692869 x 14=23700166.
Divided by 54mm o/s?
Since insdiers and cronies have a basis in that range and lower, this is not a problem for them.
Anybody with a net basis above 1 3/16 is at risk.
Anybody with a basis 2x that or higher is what in the trade are called road kill.
Good thing is I will be here when it hits ten a share. I hope you guys are on the right side of the trade when renevia and Panc-Dx gets its CE Mark. This has everything I am looking for in a long term investment. I think my unborn children are going to be happy one day haha