lars, First to clarify: Lenox won't itself make the part. They'll supply the material for the part manufacturer. Their patents cover the processes to produce it and the material. You are right to guess that their profit margins will be tremendous -- because they've got the patents. Depending on the product and the deal they have a wide range of profit margins, but the LOWEST profit margins I've been quoted are in the range of 50%, i.e., their cost of production is 1/2 of the price they get for the product. And, that's the figure I've been using in my estimates. With time, as production increases and DEMAND increases, their profit margins should improve dramatically even beyond this, imo.
(I believe this question was addressed early on here in the discussion of Lenox. If you look back through the thread I think you'll find more of the details as I was given them at that time. If anything, from what I heard recently, things have only gotten better.)
On the priority of the NASDAQ listing: Deaver seems to regard it as a high priority. Too high, for my taste. Their prospects are so tremendous, that I think they can just stick to business and easily within a couple of years will, from cash flow alone, be able to move to NASDAQ. As I mentioned Deaver spoke of raising capital through a private placement to expedite a NASDAQ listing. A NADSAQ listing would certainly be good for the stock, but they don't need the money, and they'll get a NASDAQ listing soon enough imo. Short term, I think they should just become a US company and delist from the Canadian exchange, so that all trading moves to the OTC bulletin board.
FWIW.
-DT
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