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Posted On: 07/12/2017 4:46:36 PM
Post# of 9124
Re: nmbr1stckpckr #3785
Low end is $15 million if they only sell the EU patent. That would be just under 11 cents per share for cash, which would make this far more than an 11 cent stock. Any sale of the international rights, even just one area like the EU, would demonstrate the potential value of the other granted FlatPack patents. Mexico is huge with 120 million people and the pending patent in Brazil, with 205 million is even larger. New Zealand only has 5 million, but South Africa is 54 million, South Korea is 50 million, and Chile is 17 million. That's a potential market of just shy of half a billion without the US. Add China and Hong Kong for 1.4 billion more. The EU countries and European contracting countries add 600 million more. Lots of potential there.
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