Maybe I didn't get it right but why Stim-Tac is at 10000$ and truvaga plus is at 500$ with unlimited usages...my concern is why military should pay such a big price for a product if a similar one can be bought much cheaper?
It's most likely to ensure that the military got their own rugged version of gammaCore (which is $2400 per year) and probably some sort of agreement to ensure supply and that their requests are filled. The military isn't using many of these so they wanted to ensure a good relationship with the vendor. The military told electrocore how to price this, they did not choose how to price it.
They did a raise in mid 2024. I would utilize diluted shares outstanding going forward for all calculation and I wouldn’t expect further dilution beyond that amount.
Hello,
Maybe I didn't get it right but why Stim-Tac is at 10000$ and truvaga plus is at 500$ with unlimited usages...my concern is why military should pay such a big price for a product if a similar one can be bought much cheaper?
It's most likely to ensure that the military got their own rugged version of gammaCore (which is $2400 per year) and probably some sort of agreement to ensure supply and that their requests are filled. The military isn't using many of these so they wanted to ensure a good relationship with the vendor. The military told electrocore how to price this, they did not choose how to price it.
I need to reread this article, but what do have as FV as stock has skyrocketed over last month?
What
What do think is fair value (FV). Sorry for acronym.
I have an explanation in the article but for right now $250m is a safe place in my opinion. Could be much higher depending on execution
Hi Jacob, Please can you share your thoughts on shareholder dilution risk for ECOR.
March 11, 2019 was 29,447,196
March 26, 2020 was 29,959,565
March 5, 2021 was 48,476,785
March 1, 2022 was 70,718,191
March 1, 2023 was 4,742,450 (reverse split)
March 1, 2024 was 6,002,628
They did a raise in mid 2024. I would utilize diluted shares outstanding going forward for all calculation and I wouldn’t expect further dilution beyond that amount.