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To: rtt who wrote (4290)3/4/2002 9:42:46 AM
From: rtt  Read Replies (2) | Respond to of 4356
 
This is the best news I've heard in a long time. What it means is that Cyclopss will have full control over the products and receive all revenues not just royalties. The original estimates were for 720,000 units per year. If they can reach that goal at a wholesale price of say $25/unit then we are talking 18 million in revenue. If production cost is around $20/unit then there would be a 3.6 million profit margin. Taking the products overseas would probably increase the profit margin. This could give Cyclopss a respectable balance sheet and the necessary funds to expand their other areas of business. Let's just hope they can execute this deal.

Roger