GREY:ZMSPF - Post by User
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All-in-Oneon Apr 26, 2012 2:15pm
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lawsuit could be $200M or more
lawsuit could be $200M or more In a recent interview with Streetwise Reports, AlphaNorth Asset Management’s Steven Palmer commented on Zecotek Photonics. The somewhat obscure specialty biotechs and pharmas seek to add value by giving new life to older technologies and molecules. As President and Chief Investment Officer of AlphaNorth, Steven embraces this strategy to generate exceptional returns while mitigating some of the risks inherent in drug development. In this exclusive interview with The Life Sciences Report https://www.thelifesciencesreport.com/, Palmer shares favorite life sciences names that could offer huge returns.We thought you'd be interested in reading Steve Palmer's comments on Zecotek Photonics. Scroll Down to see these comments.Steve Palmer's Comments:
"A company that I am excited about is Zecotek Photonics Inc. I like to invest in companies that have multiple paths to success. This is the situation with Zecotek. The company has several products, plus a lawsuit. Each of these things could have a significantly positive impact. Zecotek's current market value is only $35M. We think the value of the lawsuit could be $200M or more. The company also has a 3D-screen technology that doesn't require glasses, a laser division and patented technology for crystals used in PET scanners for the medical industry. Each of these, if successfully commercialized, could also be worth several hundred million dollars in value to the company." View Article : https://www.thelifesciencesreport.com/pub/na/13203