RE: NR - DEAL Sperm Sexing Technology Is it me, or is this news release huge?? Interested to see market reaction.
I think this is going to be big. And a nice steady income stream to support any ongoing inititaives, and then some.
If my math is right....
Sales so far are to 13% of all sperm sexing companies with expected sales of $350MM by 2010. MBX receives a MINIMUM of 15% of these sales, so that equates to $52 Million per year. Gastles expects 80% of all companies will sign on in 2 years. Assuming the same amount of sales per company...that would mean.....
80/13*52MM = $320 MILLION per YEAR in royalties.
Someone care to confirm/dispute my logic??