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SIGA Technologies Inc. Message Board

  • balding11 balding11 May 29, 2013 2:08 PM Flag

    Deliveries arithmetic

    I've been a little unclear about how many courses delivered when, etc. The info is out there in pieces. I listened to the beginning of the recent conference call, the one that was made May 6 before the written report.
    Eric Rose said that in March 190,000 courses had been delivered at a price of about $25 million. That puts the price at $131.58 per course. The recent written announcement says that "nearly 200,000 courses of Arestvyr" were delivered recently. Again in the spoken remarks, I think he said that there would be 3 deliveries of about 190,000. Folding all that together, the first invoice should be about $75 million. If the third delivery is completed within 3 months from the May 6 call, that means that the invoice can go out in early August, in agreement with mymygbye .

    Sentiment: Hold

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