Mynnlx, I don't drink. A $3 million price tag?
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Posted On: 08/21/2019 11:34:30 AM
Mynnlx,
I don't drink. A $3 million price tag? What are you talking about? The update is about a 3 to 5 percent revenue share of the N-Assay for a period of five years. That 5% would equate to at least $60 million in projected NET revenue during that period. That is a very small chunk of that $20 Billion figure mentioned in the PowerPoint. If they obtain a 10% piece of that annual market initially, I think their net revenue would be multiples of that for the first full year.
Nothing said in that update implied a sale of the technology.
Scott
I don't drink. A $3 million price tag? What are you talking about? The update is about a 3 to 5 percent revenue share of the N-Assay for a period of five years. That 5% would equate to at least $60 million in projected NET revenue during that period. That is a very small chunk of that $20 Billion figure mentioned in the PowerPoint. If they obtain a 10% piece of that annual market initially, I think their net revenue would be multiples of that for the first full year.
Nothing said in that update implied a sale of the technology.
Scott
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(1)Nanologix Inc (NNLX) Stock Research Links
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