TSXV:CVM.H - Post by User
Comment by
Aquaman11on Dec 29, 2018 1:24pm
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Post# 29168037
RE:RE:RE:RE:Just for Fun
RE:RE:RE:RE:Just for Fun
Forgot, this sales' projection table is for US sales only...
You can throw in the discussions with China and Korea ...and others according to page 21 of this updated version: https://cvrmed.com/wp-content/uploads/2018/11/CVR-Medical-Investor-Overview-November-2018.pdf
Even with the 7% royalty fee to CVR Global, add further dilution (the way things are with them and those sort of startups), you do the math...
I also like the trial program they seem to be aiming at (p.21).
There is a big profit to be made by the clinics and hospitals that would be acquiring this device (if it delivers the way they say it does) ...and we know those people are in it for profit.
The 3-5 year horizon seems to be the interesting one; patience is a virtue.