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Strategies & Market Trends : 50% Gains Investing

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To: Steeliejim who wrote (15301)	2/4/2000 6:43:00 AM
From: JSB	Read Replies (1) of 118717

BINC's burn rate has not been a problem because they have the call center that operates at a small loss but covers all expenses. One really nice thing is that BINC has never issued a bunch of shares to stay in business so now that many things are coming to fruition, they still only have a total of 10 mil shares outstanding and about 6 mil in the float. While no contracts can be announced before GRAS is declared, the biggest that have been hinted at for a few years are Pepsi, Wrigley and Suiza foods. FWIW, while it's all conjecture at this point, many of us expect the royalties to be 100 mil plus when full production is achieved. With likely revs of 10 bucks a share or more, in addition to other things (though much smaller than tag) in the pipeline, I really don't think a triple digit share price is unattainable in 3 to 5 years. Jeff (The BINCmeister)<vbg>

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