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Bullboard - Stock Discussion Forum Therma Bright Inc V.THRM

Alternate Symbol(s):  TBRIF

Therma Bright Inc. is a developer and partner in a range of diagnostic and medical device technologies. It focuses on providing consumers and medical professionals with solutions that address medical and healthcare challenges. It is involved in developing, acquiring, manufacturing, and marketing proprietary healthcare and medical devices for the consumer and institutional marketplace. Its... see more

TSXV:THRM - Post Discussion

Therma Bright Inc > Numbers
View:
Post by Vincenzovega on Mar 24, 2021 11:48am

Numbers

Kushman had done this evaluation on March 19, 2021, at 10 million devices sold at $30 were looking at $3 a share
If they can get 25 million devices made now at $30 , now we're looking at $7.50 a share by June!!!
Let the contracts coming in and $5.00 is very possible!!!!

Im i correct in saying this becomes like residual income?
25 million units at $9 profit a month? Thats low ball numbers, thats $2.25 added to the shares price per month. I'm i correct? Thats approximately $14 a share by December - or is $20 possible by December?
Comment by Commoncents on Mar 24, 2021 11:50am
I'm betting on $5 a share sooner rather than later. Feeling April will be a monster month IMO. 
Comment by nrv090909 on Mar 24, 2021 11:57am
Did you say $20/therma share by December at best? WOW!
Comment by Smokey1958 on Mar 24, 2021 12:05pm
You have to be careful of your numbers, how they relate to what Rob said about price and then read between the lines. Rob's initial pricing of $30 was forecasted on production costs (particularly the sample sponge and syringe) .....but based on what he said immediately afterward he knows that he has to get the device cost down to $10 ( that to encourage mass sales). Second, at a ...more  
Comment by Whydunnit on Mar 24, 2021 12:30pm
Well said.  IMO this won't hit its distribution potential at $30 per test.  Get it down to $10 and sell 10 or 100 or 1000 times more than you would at $30.
Comment by Vincenzovega on Mar 24, 2021 12:40pm
Smokey, I listen to the video again and he is referring $1.00 per test in production costs, Play it again and you will see what I mean. He does meantion before that, they will go from sell the device from $30 to $10  Let me know if im right or not... start playing the video at 12:42
Comment by Whydunnit on Mar 24, 2021 12:54pm
He says "get cost down to $2, $2.50 all-in" per test," then he says "if we can get a dollar per test," which is his conservative profit projection. Obviously if he can get cost down to $2.50 all-in and revenue per test is $10, that leaves $7.50 gross profit per test (from which presumably the reseller gets some).
Comment by Vincenzovega on Mar 24, 2021 1:01pm
Vincenzovega wrote:Smokey, I listen to the video again and he is referring $1.00 per test in production costs, Play it again and you will see what I mean. He does meantion before that, they will go from sell the device from $30 to $10  Let me know if im right or not... start playing the video at 12:42 He says "get cost down to $2, $2.50 all-in" per test," then he ...more  
Comment by stockmonster6 on Mar 24, 2021 2:12pm
Here is the transcript of the interview: RF: Well, listen, I, you know, I'm not going to tell you to buy or sell. But I can say this…if you do the math here, if we can get this test sold for $30, let's say, and eventually scale that down to say $10 per test. And I can get my costs down to say $2.50 all in costs. You know, there's some very good margin in there, especially ...more  
Comment by cote101 on Mar 24, 2021 2:08pm
SH: Rob, pivoting to the investment side of the business, what can you tell our investor audience regarding the current valuation of your stock and why you think its a smart buy right now? RF: Well, listen, I, you know, I'm not going to tell you to buy or sell. But I can say thisif you do the math here, if we can get this test sold for $30, let's say, and eventually scale that down to say  ...more  
Comment by cote101 on Mar 24, 2021 2:20pm
So if we read between the line Rob want to sell the test at 10$ and reduce his cost to 2.50$. That's give 7.50$ profit by test x said, 5 millions sales by month, bring the share value at: $30 / Shares I know somebody here that will call me a liar and an unrealistic guy. lolll Cote101
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