250000 test/$18-$31M estimate was based on only 5 clients?If I'm reading this right, the initial interest was based on the 5 clients specifically, and of course we have 50+ now. This blows all my estimates out of the water, potentially 10x higher than what I was expecting originally. Any thoughts? This is also pulled from the final prospectus dated Nov 26th 2020
"Upon initiating COVID-19 testing, the Company received initial customer interest for approximately 250,000 COVID-19 Tests from entities such as businesses and municipalities who wished to offer the COVID-19 Tests to their respective employees or citizens."
"During the first six weeks of COVID-19 testing, StageZero performed approximately 5,000 COVID-19 Tests. To the end of October, StageZero had performed approximately 13,000 COVID-19 Tests. The initial orders StageZero entered into for COVID-19 testing was with five (5) client groups; it is now performing tests for approximately fifty (50) client groups and adding more. New groups are being added on an ongoing basis. StageZero anticipates increasing demand for testing over the next several months and through the winter as planned COVID-19 testing commences according to the timetables set by these client groups. The projected growth in COVID-19 testing is occurring and is on pace with StageZero’s expectations with significant growth anticipated on a quarter over quarter basis in order to meet the projected revenue."