View Full Version : SFP up 30%...2 days.
Torrero
09-01-2007, 03:05 PM
SAFETY MEDICAL PRODUCTS (SFP) up 11c to 76c: Rose 10c yesterday
after announcing receipt of a Federal Government Grant and the signing
of an agreement with SA-based Nidor to assemble the Nidor GasPack C13
Sucrose Breath Test Kit, with the potential for a new revenue stream.
im going to look into it further to see if the good times will continue to role.
Torrero
10-01-2007, 11:39 AM
This company offers a clip that retracts a syringe once it has been used, i see huge potention for this technology. They have patents pending in 126 countries and they have no immediate competitors.
I phones the CEO yesterday, he said the patents are pending, there are no direct competitors and the only factor stopping this product is if someone finds a replacement for the average syringe.
Im not sure of per uni cost, but, there are 50 million units guaranteed.. I see no reason why this product wouldnt be implemented as industry standard.
Ont he board they have memberd from a large scale doctors association, thus word of mouth could work well and also another gentleman who is directly involved in 10 of Australias hospitals.
Above im only refering to one of there products. Let alone the others which i understand a little less.
Thoughts?
Torrero
10-01-2007, 11:47 AM
This company offers a clip that retracts a syringe once it has been used, i see huge potention for this technology. They have patents pending in 126 countries and they have no immediate competitors.
I phones the CEO yesterday, he said the patents are pending, there are no direct competitors and the only factor stopping this product is if someone finds a replacement for the average syringe.
Im not sure of per uni cost, but, there are 50 million units guaranteed.. I see no reason why this product wouldnt be implemented as industry standard.
Ont he board they have memberd from a large scale doctors association, thus word of mouth could work well and also another gentleman who is directly involved in 10 of Australias hospitals.
Above im only refering to one of there products. Let alone the others which i understand a little less.
Thoughts?
Good spotting Torrero
By '50 million units guaranteed' do you mean guaranteed for production or are there pending contracts in place for purchase?
Also, approximate market cap of SFP?
Seems like it may be a comparable product to that manufactured by ITL (itlcorporation.com); see also the ITD thread.
$65m ish market cap with distribution contract in place.... any revenue/quantity targets been set?
Torrero
19-01-2007, 03:51 PM
Guaranteed contracts rtbc. set to be fullfilled year starting april '07.
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