RE:RE:RE:And I ThoughtGiven that NXO has 150 million shares outstanding, full diluted, with all outstanding warrants turned to cash.....a $2.50 share price gives NXO a meagre 375 million market cap.
Samsung sold 317 MILLION smartphones in 2017 along. 1.4 BILLION smartphones were sold in 2017, and even more expected in 2018 before the market starts to level off.
Your target of $2.50 is beyond ridiculous in its lowness.
A cutting edge camera on a smartphone that retails for over $1000 in many parts of the world will see a decent royalty. I won't speculate on how much that royalty will be (consider that just the software that allows photos to be attached to emails can account for a 12 to 15 cent royalty per phone) - but lets just say that $1 per phone is the royalty (and I believe that is a ridiculously low number), and they cook up a deal with Samsung. That would be a 317 million dollar royalty income for the year 2017. Throw in a very conservative 10x Price to Earnings on that and you have 3.17 billion dollars. Not to mention, a long list of vertical applications for which the Daugelas are being presented ideas almost daily (John's words, not mine). Folks, this company is worth much much much more than anyone has ever mentioned on this board, IF they are able to execute according to plan and meet all those expectations.