Satellos Bioscience Inc Com V.ICO

Just for fun - Rough Estimates

[zoomzoom3]

ICO Rough Calculations Cash on hand - 8 Cents per share. Shares of Immune Pharma - 4 cents per share. Right there alone we are valued at 12 Cents per share and we are currently trading at 6-7 Cents??? We have iCo-007 which the market is valuing at 0 cents per share but IF they were to find a sub-group that responded to the treatment or found something else out about the study then we would need to assign a value to 007 again(Which I believe is very possible). Then we have iCo-008 which could bring in millions in milestone royalties from Immune Pharma and our own trials as well. And to top it off we have iCo-009. iCo-008 and iCo-009 have value but what exactly the value is tough to say but I would think that it could be worth another 10-20 cents per share. This just for fun would value ICO somewhere between 22- 32 Cents per share TODAY. So when whomever is done selling I would like to think that we will head higher towards a better valuation.