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MGEN low float/un-noticed!
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[QUOTE]Originally posted by Jelly: [QB] From the website. Last year this time the stock was trading at 3.30 NOT A PINK, but at PINK's prices! http://www. medgen.com/letterfromchairman .asp Summary and Investment Opportunity · Established Presence In Large Growth Market Segments Med Gen Inc. (MGEN) participates in the large steadily growing market for non-prescription alternative healthcare products that are generally purchased by consumers over-the-counter (OTC) or through direct marketing campaigns. The total available market for the Company’s current and potential future products is very large and could approach the $60-80 billion range. With target markets of this size, even a very small market share can potentially translate into significant revenues. · Differentiated Delivery Method Sets Products Apart MGEN’s signature “Sprays The Way” (“STW”) technology provides several advantages over traditional competitive liquid, powder or tablet formulations. Primary selling points include ease of use, easy absorption, fast action and unique formulations that increase effectiveness compared to the usual approaches. The Company has also demonstrated the ability to leverage the delivery technology by applying the same template to different products in related market segments. · Strong Intellectual Property Position Provides Protection The Company has patent protection on the formulation of certain core products and also has considerable unique expertise developed over time which are viewed by management as a competitive advantage that would be difficult for competitors to duplicate. · New Product Initiatives Provide Growth Catalyst Management intends to leverage the underlying STW technology platform by expanding into the very large market for weight loss and control products with its soon to be launched UNDIET™ product line. The market opportunity in this segment is estimated to be over $50 billion and has been growing steadily for the last several years. [/QB][/QUOTE]
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