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2.0¢ trivarx ltd

j barker they do say they are rolling it out with some of the...

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27/08/15

12:19

Post #: 15885846
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Originally posted by JBaker12 ↑

10k+ employees at $100 a pop is $1.0m+ in revenues. As their announcement 2 weeks ago there are another 3 corporates in the wings. If they are similar or larger in size and all move towards a full rollout then by early next year MEB could be on annualised revenues of $4.0m+ which should be sufficient to cover their ongoing costs for now and maybe produce some modest positive CFs, given the FDA trial costs have been paid up front.

The non-FDA/approval commercialisation routes makes MEB a different kind of medical device company as we are unlikely to see massive dilution along the way to getting to the end game.

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j barker they do say they are rolling it out with some of the staff and if validated the potential to do the entire workforce. This will just be 1 company bringing in 1 million if validated and no competition worldwide and meb will easily sign other contracts. Think of the revenue once 100 companies are signed and this is just the stress tech. Oh my l don't think there is a better company on the asx with so much potential...

MEB Price at posting: 46.0¢ Sentiment: Buy Disclosure: Held
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