Anavex Life Sciences Corp (AVXL)

[LBSR TO DA MOON]

georgejjl: Do you believe that the following is in general true or false???
If AVXL's revenue is $1M and it COGS is $10K, then AVXL's gross profit margin will be 99%.

If you answer true to the above statement, then state the exact amount (your answer must be in the following format - $x.xx) that AVXL's COGS would need to be in order for AVXL's gross profit margin to be 100%.