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Monday, March 16, 2015 11:52:25 PM
I do however disagree with Fido, Oxygen, and Vette on the clinic business model. They are able to perform 4 operations per day and receive $600 per script. That works out to $468000 (260 days * 3 patients * $600), but that patient load is a long way away.
I am sure they will make a fee of some sort on the additional services required to fully treat the patient (i.e. they get a small cut of counseling fees/reimbursements, etc), if not already in place with their current licensing agreements.
The new clinics will take time to really start getting a steady flow of people. They are increasing and I am positive they will. However, if i had to do it all over again, I would've sold at the $.20-$.25 mark and gotten out / reinvested a portion back into the company when the price dropped in that 4-7 cent range.
I don't think it is going anywhere any time soon, but that goes for both ways (not going under or making it big). I think we will see a profit by the end of the year (maybe middle of next year).
Soon!
Also, they did buy the implant making patents + they are trying to get FDA approval for using the implant to treat opiod addiction (which will probably lead into other). This will drive volume to the businesses and help them reach that 780 patients per year mark :)
To each his own! I am giving it a while longer :)
Best of luck to you all if I do not see / hear from you again!!
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