Healthcare Solutions Mgmt. Group Inc. (HSMD): Loss,,,According to Lance (See Insiders)...

Healthcare Solutions Mgmt. Group Inc. (HSMD)

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ironyman

Re: loss_slayer post# 1718

Sunday, 06/25/2006 1:08:07 AM

Sunday, June 25, 2006 1:08:07 AM

Loss,,,According to Lance (See Insiders) the full royalty is one thousand dollars per unit. Per my conversation with Gary on Friday, it is Kollsman who has requested that the royalty not be published. Based on the SEC Filings, from 1985 to 2002 the revenues were 60,024.00. (Royalties Advanced to AVTX) which would be 120 units after the first two hundred.
---After 320 EVS systems, we should recieve near 800.00 royalty per unit and are near that point now.
.......The new inexpensive EVS2 system is to be FAA certified this August and will have an estimated backlog of 400 units.
. .Look for news from Gulfstream to offer the EVS2 system in other models, GROB will be putting it in the new jet,and there are two helicopter deals which were mentioned in that article, also the 300 FedEx systems. With a minimum of six new EVS/SVS product options, we are sure to see other aircraft orders soon.
. .FWIW, Gary brought up how busy he is with the I-6 product. I never even mentioned it...OH the Irony!