As distribution of Phosphagenics' Body Shaper product, based on CZD's AOD9604, goes wider nationally and internationally, its success is looking more and more solid. As international stockists are added in India, China, Japan, Korea, Europe and North America, at an increasing rate as momentum builds, it looks like we could have as many as 20,000 stockists worldwide a year from now. By next April and May northern hemisphere sales could be enormous as the the fair sex are getting their bodies in shape for summer beach exposure.
If each worldwide stockist sells only 50 tubes a year, a modest target by anyones measure, that will net CZD somewhere in the region of $2 million a year in royalties perhaps a year out from now.
Adding in the potential inherent in the PolyNovo subsidiary and with a source of funding like the cash from from AOD9604 royalties, is there anyone who doubts that this stock is seriously undervalued?
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