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Therma Bright Inc V.THRM

Alternate Symbol(s):  TBRIF

Therma Bright Inc. is a Canada-based company, which is a developer and partner in a range of diagnostic and medical device technologies. It focuses on providing consumers and medical professionals with solutions that address medical and healthcare challenges. It is involved in developing, acquiring, manufacturing, and marketing proprietary healthcare and medical devices for the consumer and institutional marketplace. Its product offerings include Covid-19 diagnostic test product line, such as AcuVid COVID-19 Rapid Antigen Saliva Test and AcuVid COVID-19 Rapid Antibody Test; Sores & Bite Inflammation Therapy product line, such as InterceptCS Cold Sore Prevention System and TherOZap, and Muscle Pain & Blood Circulation Health Therapy product line, such as Venowave, which is a circulation booster designed to improve circulation in the lower extremities. Its products include Benepod, Inretio, AI4LYF, Invixa and Instatin, and others.


TSXV:THRM - Post by User

Comment by Vincenzovegaon May 29, 2022 11:05pm
135 Views
Post# 34716069

RE:RE:Analyses

RE:RE:Analyses
TomConstantine wrote: $1.04 to 15 cents. They "could" make 10 million on Venowave. They "could" make 100 million on test kits. Anyone know who's buying test kits? Companies? Governments?


https://www.npr.org/2022/05/16/1099335734/the-federal-government-is-offering-another-round-of-free-covid-tests?utm_campaign=storyshare&utm_source=twitter.com&utm_medium=social

Another round for the USA people, eight free rapid test to any household - 334,742,225 people in the USA at an average of 3 people over household.

Math:
> 334,742,225 people in the USA  divided by an average of 3 people over household.
> that is 111,580,741 kits of 8 for free, PAID BY THE GOVERNMENT
> 111,580,741 kits multiply by 8 in a kit for free = thats 892,645,928 individual kits
> Say $1.00 profit per test, that's $892,645,928
> $892,645,928 in US funds @ 1.27 = Profit of $1,133,660,328 in Canadian currency 
> I believe (counting warrants) we have appr. 237,000,000 shares
$1,133,660,328 divided by 237,000,000 shares
>  Therma Bright share price would be $0.16 + $4.78 = $4.94 in Canadian currency 

You never know, if we can get an approval this week, it will be the best test kit out there... And if we could grab this contract or anything equivalent contract/contracts to that (not necessarily the US)

Therma Bright $5.00 per share!!

Your saying who would buy? That's one example of the US government buying...
As we know Rob has been accumulating numbers in the meantime, as per pre-approval

Bam, drop the Mic

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