Not a chance. Apdn has proven they aren't great at making money. The max they get is $35 per kit; half of the retail price. They'll offer a volume discount. That's how they do business. So $1M a year revenue from this deal is my prediction.
The outcome is not binary like you suggest. Maybe you don't realize but they had a pharma pilot already with an Asian pharma company that didn't translate into a commercial program. They will have more pilots announced in the coming years with lots of hope lots of failure. Ups and downs. Lots of promises. Maybe one day a commercial contract will hit but it won't be a huge contract. Is that red or is that black? The outcomes are linear not binary. Many levels of success or failure available on a gradient. Cotton is what I'm banking on.
4M cotton sales in 2015 was a significant change from the past 15 years. Marked a milestone and inflection point to commercialization. I got in when they made that deal with Loyuis Dreyfus. I still see that moment as a historic turning point for the company.
glad to entertain! By the way looks like the packages no longer contain the UV light which was small anyway but I think the height of the package is probably alot less than 2.5". $$$$$ rumor has it we filled up a gigantic van with DNANet. woohoo!
By the way that's just a regular size van.
With a Long van that # goes to 15,672 packages and with the extra long ford transit it can fit 18,505 packages which is $1.3M of product.
why multiplying by 4.5? It would be great if we could get the actual package size. Anyone order this and still have the box at home?
check the spreadsheet and analysis posted by storytrading. link available on ihub, stocktwits, twitter and the storytrading website under his tweets
So with all this nonsense talk about all the DNANet product fitting in a van - I went out and did some research... because people here seem to forget this DNANet package is very small!
I don't know the exact dimensions so I'm using an estimate of 4.5" by 4.5" by 2.5" per package.
The most popular commercial van is the Ford Transit. The 2016 model has a maximum storage capacity of 363.8 cubic feet. Each package when converted to feet takes up 0.0293 cubic feet of space. That's 12,416 packages at $69.95 a pop or $868.5K in revenue.
Last quarter they did $60K in DNAnet revenue. So if all the DNANet product fit in a van, then I'll be thrilled! That would represent 1,347% QoQ growth!