Ann: AHI signs marketing agreement with Tinjoy Biotech Limited, page-10

I agree. I was going to sell some to invest in NC6, which is going to pump at some stage this year, but it might be safer to hold on to AHI for the medium-term. This baby could be $1 billion by the end of the year and multiples of that in a few years.

If Tinjoy get 1 million annual subscribers at $48, and AHI gets half of that, that's $24 million per year. At 12 x revenue (because we have next to no costs) rate that's a $288 MC just on the Tinjoy deal. If you use a more conservative 8 x revenue, that's still almost $200million just on one deal.

Amazing.