Can't tell which markets and how long. Doesnt it sell for $300. Rev = 74,000 is 250 units in ? months Aus/nz and ? mths in US
The first full year is what is going to decide the future of this company.
Sales in US is going to decide future of this company.
An annual cash burn of 5.3million is going to take 18,000 units. 1500/mth. 50/day. Thats to pay its expenses. Double that to make enough profit to get the SP moving north.
The R&D is 2.8million. Is that all spent on the clinical trial in the US. The 'unnecessary' clinical trial ?
If u dont have an R&D program, do u not get the R&D tax incentive ? Spend 2.8 to get 1 million back ? Maybe that should change....
Anyway, women follow fashion and someone famous using it would change everything.
Imagine if Angelina Jolie mentioned she was using it after her children were born and to improve her sex life with Brad. It would go totally mad !
She could be paid by making her own investment before her involvement was made public and make more money faster than she ever has. So could the guy that sells her the idea !
Help a lot of women get healthy as well.
ALT Price at posting:
0.6¢ Sentiment: Hold Disclosure: Held
