*Sport market (early adopters) – grow into significant markets mainly snoring then sleep and sleep apnea – which are large growth markets. *If/when the technology is advanced into snoring it is important to note that Johnson says that snoring is an over the counter product in America - will be interesting to see in the months/years to come if this will be beneficial to potentail sales over there in the future months if product can be sold over the counter in the USA. *Through clinical programs they will endeavour to show that the technology can be extended into sleep apnea. Johnson quotes the ResMed market cap of roughly 6billion dollars and states "we believe we have a very compelling proposition in sleep apnea because our technology is a lot more user friendly I think you could say, than the res med sleep ap mask" (wow, big call!), "and our clinical program will be looking to validate that it has an impact in sleep apnea" - if this happens than that will be huge for us imho. *Socialising the idea of sticking something up your nose, those undertaking aerobic activities (cycling, running, etc) are initial targets for turbine. * Johnson states: "we believe if we can show two key growth revenue lines and some clear applications strategically we will have a company that is of Real value to shareholders in the short to medium term but also potentially to a LARGER PLAYER in LONG TERM”
"larger player in the long term?" ?? Giving a hint there?
"Sport product into market, demonstrate product is attractive and will attract customers and deliver revenue lines" - not only are the team up for the task but it's crystal clear that they have big plans for the company and are ambitious to reach them.
In fact part of the reason i am up at this ungodly hour at the moment is in part so that I can get together more funds so i can buy more stocks!
I think this stock is going to be huge.
CGP Price at posting:
6.8¢ Sentiment: Buy Disclosure: Held
