Skinvisible, Inc. (OTCBB: SKVI) See StockGuru SKVI Profile
Two days ago SKVI put out a very significant press release. Note that in the release the company is reporting it will be receiving
QUOTING FROM THE RELEASE:
“These two new agreements with RHEI represent $1.5 million in licensing fees and on-going royalties on product sales for Skinvisible,” stated Terry Howlett, President and CEO of Skinvisible. “This agreement provides another opportunity for RHEI to leverage its international affiliates with established client lists in Europe and China. It is an important step in accelerating the worldwide commercialization of Invisicare products, and represents the third DermSafe licensing agreement, with previous agreements covering Canada and South East Asia.”
So in addition to the $1.5 million in licensing fees, the company will have a very significant on-going stream of royalites on product sales.
At current price levels with the oustanding share count where it is, that is providing a very signficant revenue per share just for this one deal. There is much more to SKVI than this one deal.
On this basis, it is clear that the shares are undervalued.
We are issuing a Trade Alert based on this new information.
READ THE FULL PRESS RELEASE HERE
Let’s all keep watching this one!
VIEW THE SKINVISIBLE PROFILE
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