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Technology Stocks : JMAR Technologies(JMAR)
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To: Tulvio Durand who wrote (4183)11/22/1997 7:55:00 PM
From: Starlight  Read Replies (2) of 9695
 
JMAR will not have marketing expenses related to the Light Knife. That will be the responsibility of B-D - JMAR's "client" or customer. JMAR is just producing the Light Knife. From P. A-6 of the last Annual Report:

"The ultimate commercial success of this product will depend upon a number of factors including technical performance, cost to produce and the ABILITY OF THE COMPANY'S CUSTOMER TO OBTAIN FDA APPROVAL TO MARKET THE PRODUCTS AS WELL AS THE ABILITY OF THAT CUSTOMER TO ULTIMATELY GENERATE ADEQUATE SALES VOLUME." [caps are mine]
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