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Thursday, February 07, 2019 1:16:26 AM
Vista Vet should come on-line in April with revenue generating procedures. Investors are betting enough animal owners in a 900 mile radius will choose to have their pet treated there it will justify opening other regional centers across the country.
If it does Vivos could become profitable. But it is also possible the income from private pet owners is not as large as they need to achieve profitability. If they are wanting to fund 10s of millions of dollars in cost to secure approval for humans that could very well be true. I hope they don't rush into dumping money into FDA approval because I feel that could be a very deep bucket. If they restrict treatment to animals for the next few years the possibility of extending/saving the live of your pet at the cost of less than $2,000 could be profitable.
But congratulations of swooping in and making a profit. There is never anything wrong with that.
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