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Re: slopak post# 689

Monday, 06/27/2016 8:05:14 AM

Monday, June 27, 2016 8:05:14 AM

Post# of 1647
Andy has said a number of times that he has things planned for the green light day. If these are still in place and in the best interest of the company he was planning to do the following:

a) Sign $50m upfront deal with Walgreens for distribution through their ever increasing family of pharmacies. Cash upfront to pay for inventory and some marketing. not sure if exclusive (bad IMHO) or private label deal.

b) Obviously marketing and sales activity (got the new Sales VP on board even though he is family he has a reasonable resume in sales and marketing)

c) Announce share buy back.

Along with these I would expect some sort of licensing deal with Dr Scholl's for smart Insole (been mentioned even earlier than the Walgreens deal), hopefully some partnership deal for Allay as well.

Critical thing will be financing the huge increase in inventory required prior to dong much at all. You need to have the product in stock first and never run out to keep momentum going.

once that is in place then Dr Oz, Dr Sanjay Gupta and QVC....

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