@bedger, @Hotdog11 , I get you, but I really hope we're selling this product for signifantly more than $50. I would guess $150, but maybe more considering its a premium product. I can't imagine the distrubutor makes $80, dentist makes $160, but we make $50. Hopefully the margins are more in our favour.
We are selling 4 sizes, so will be hard to establish pricing for a while.
@Speckled has it right, the $23mill is so the competitors can't have access to the *best product in the world. Bio will hopefully increase their market share above 10% with our product, and hopefully phase our their old product.
Anyway, only 29 days until the next quarterly, I'm hoping for well above $500k revenue,
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