The last thing I'll leave this board with is the value of Anteobind in the Ellume relationship - at $15 per test - that AUD say - we get 4 cents, or 3/1000ths the value for our ingredient that facilitates the accuracy and therefore goes a long to enabling the success of the test.
I hope we do better with Anteobind, batteries, everything for that matter - if this is the base we need some very large deals to gain real revenues...
On $1 billion revenue this ratio will earn $2.6 million.
On expenses of $12 million that we spent last year we need to be supplying into contracts worth $4.5 billion in revenue to meet this...
We have to value the product more than this.
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