That video!!! Wow!!! PD really means business! These next 12 months are going to be massive for Painchek and the following 12 even more so with the commercialisation of pain faces.
Take the numbers PD himself gives. The developed world market that they are looking at has 100 million children within their target demographic.
1% of that market at $10 a month (PD's stated price) gives us $10m per month or $120m per year.
With a conservative PE of 20, that's about $2.4b to the MC.
Now imagine they capture 5% or they double that PE ratio - the numbers are staggering. Especially once you add the dementia market and patient monitoring deals on top.
Rick might not be far off!
Would love to see if PD has changed his sentiment on this being just a mini COH and if he has a more bullish outlook now. Anyone going to AGM want to ask him?
PainChek General Discussion, page-7802
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