EMS 0.00% 3.2¢ eastland medical systems ltd

acquisition of patents

  1. 22,691 Posts.
    These Patents are held by "some" of EMS Shareholders (Eastland Technology)

    They sold the Safe Needle Patents re Japan, South Korea and South Africa to EMS for $400,000:

    http://stocknessmonster.com/news-item?S=EMS&E=ASX&N=241041

    That means that sooner or later EMS will be asked to buy the Patents for "the rest of the world"; taking the $400,000 as a guide, that could involve some $5 mill., presumably on term payment.

    Intersuisse has the following guided profits for 2004-2006: 1.2 mill; 4.5 mill and 10 mill. These are not exorbitant as the number of shares has risen. However, some long term investors may prefer these shares.

    I am not sure if Credit Suisse took the above mentioned matters into account when predicting these profits.

    Gerry
    Non Shareholder.
 
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