should we be worried?, page-13

Hi,
I have asked for my previous post to be removed due to incorrect information. Since it is taking too long to be removed I advise this correction.

Estimated Brevagen units required to achieve break even is 1520 per month not 450.

Based on Brevagen test cost of $600, margin of 80% ($480) and net operating cash flows per quarter of about -$2.1million.

2,100,000/ 480 = 4375 per quarter

4375 / 3 = 1458 per month

I assume an average sales of 60 per month were taken up in the net cash flow.

So sales required is estimated at 1520 per month.

Sorry for the mistake.

DYOR