TSXV:VER.H - Post by User
Post by
MilitaryManon Aug 20, 2011 9:04am
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Post# 18963126
Observations
Observations1. Skin - largest organ in the body increases the potential & incidence of cancerous issues.
2. Prevention or early identification vs treatment will save National Health care systems across the globe billions..In tough a economic climate...the opportunity to save $ is an additional selling feature of the device.
3. Patient population globally is "off the chart" - but likely caucasians would be the largest potential client base
8 -10% of 6.2billion pers would give a range of 496,000,000 - 620,000,000 persons
4. You'd have to apply some math calculations upon the 496 - 620 mil pers, reduce the potential number to an age group that predated the mainstream usage of sunscreen, and apply a potential percentage amongst that age group. Maybe this attempt at identifying the risk popuation has been done?
ie: how many pers >50 yrs within the 496 - 620 mil pers... 40%..older demographic race, and 25% of those pers will have a skin issue in their lifetime.... = I'll use 558,000,000 pers x 40% = 223,200,000 x 25% = 55,800,000 patients
These #'s are totally made up....just trying to gauge market size but whatever it is ...it's a BIG # !
Because its a big #...I cannot have too many shares at the moment...but I have 75K, so that gives me some "skin in the game" at least..
Good luck...I am looking forward to the next 6 mths...