Mikro,I assume KGV = P/E Price to Earnings Ratio or EPS Earnings...

Mikro,


I assume KGV = P/E Price to Earnings Ratio or EPS Earnings per Share.

I think a one off deal at $2.5m then at multiple by 20 to get current market cap of $60m is not quite right as this is a micro biospec that is more about one deal could lead to many deals therefore earnings multiples are extremely subjective (rather than would the earning stream exist for multiple years).

IMO if there is a small deal worth $2.5m a year it would be then valued on what would the next deal look like etc.

I'm hoping for a deal that gives signficant upfront payment, plus milestone payments, plus double digit royalties in exchange for IVD market exlcusivity and they then concentrate on non bio uses (solar etc).

I belive the big upside to this tech is its ability to translate across m,ultiple industries within medical and industrial - its not a one trick pony and therefore our directors have many options and avenues to explore.

Deal making is going to be extremely important hence bring M Bouris in

All IMO

Maddoc