mgz medigard another cochlear ?, page-17

re: mgz medigard - pr man? Wow.... you must really want to buy in... such a savage attack. They said the same thing about cochlear.

The market is huge and production cost is everything. They have world wide patents in place and will be licensing out the technology. License fees will be huge and with only 60m shares on issue and only 20m of those on market.... you do the sums.

They have said that production will commence January 2005. That means that they will be getting licensed manufacturers lined up over that time, here, Asia, the US and Europe. Each announcement will give the market an expectation of fees and confirm that the technology is a winner. I’m sure that up front head license agreements will carry a nice fee as well. So money will be coming in pre-production start up.

A smart Aussie company doing some very smart science.