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JustGoDeep

03/31/17 5:29 PM

#104829 RE: Det_Robert_Thorne #104827

Exactly. The Gross margins were 66-67% before the distributor model.
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DewmBoom

03/31/17 5:30 PM

#104832 RE: Det_Robert_Thorne #104827

That is very consistent with expectation. 27% did not repurchase the product and the remainder for the distribution model. Biel has reported this before.

What is really needed for Biel is advertising and promotion for wider exposure. The FDA clearance added a market for them in the US. At 5 times the population, the US market should eventually add over a million in revenue per quarter with minimal advertising!!!!!!