My pick is that Blis more than held their own in those numbers. If not they would not mention them so prominently and they would not be investing in more advertising.
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My pick is that Blis more than held their own in those numbers. If not they would not mention them so prominently and they would not be investing in more advertising.
They would not have mentioned Bioguard if it was just Celadrin sales. So this has to be a positive outcome for the initial trial.
Brilliant news!
But Emearg, when the share price zooms this will only cost you a few Blis shares per year ..... seriously though ...I agree that, yes, in NZ money it is pricey but maybe in the States this is cost effective given the high charges for dental visits there. Many Auckland city slickers think nothing of spending over $20 a week on coffee or wine, so $400 pa for a life free of caries may seem reasonable. I plan to take a packet around the local health food shops to raise awareness of M18 as I doubt Blis will market its own brand of M18 here. If the M18 product becomes more mainstream the price should decrease - as it did with St John's Wort. Maybe 1x Throat Guard and 1x Natures Plus Dental care per day might work?
On a slightly cautious note, the release said "increased by $733,000 compared to the previous year", not compared to the previous quarter. That is, it includes market growth over an entire year, even though the figure only relates to one quarter's sales.
However, http://quotemedia.10kwizard.com/down...367eee2437b37d says Celadrin formulations were 74% of sales for the year to March 31 2009. With the year's sales then of $7,460,872, 74% would be $5.5m, which averages $1.4m per quarter.
So an increase of $733,000 per quarter over one year should still leave room for reasonable Bioguard sales, we might think? These results don't give us a very clear picture of Bioguard-only sales, do they.
We've had a lot of discussion on this group over time. Maybe here's why:
Announcement dates are NZX anouncements
Product dates are when we first saw the product on this group [New Prod-->]
2008:
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Share price about 7.5 c
10/03/2008 GENERAL: BLT: BLIS on Track with Reorganization
13/06/2008 FLLYR: BLT: BLT - Preliminary Report Year End 2008 " Product sales were up 41% to $657K primarily due to increases in offshore sales of $270K." "The implementation of the new business strategy has been the focus over the last year. This focus is on business to business relationships seeking partnerships with companies with regional and global marketing reach." "Patents have been granted in Canada, European Union and Hong Kong for the Lantibiotic patent and in the USA for the Dental Caries patent"
31/07/2008 GENERAL: BLT: BLIS Announces a New Retail Agreement in Ireland
31/07/2008 MEETING: BLT: BLIS announces a Significant Investor "Edinburgh Securities Limited"
20/10/2008 GENERAL: BLT: BLIS reaches agreement for NOVEL Probiotic "a formal marketing and distribution agreement with global distribution company, Frutarom Ltd."
28/11/2008 HALFYR: BLT: Interim Report For the 6 months to 30 September 2008 "Revenue for the period was lower than for the comparable period in the previous year, with sales for the six months of $0.158 million and other revenue of $0.151 million." "However, total revenue in October and November (following the end of the reporting period) exceeded $0.300 million." "It is anticipated that the proposed capital raising will take the form of a rights issue"
[New Prod-->] Animal Parade Inner Ear (Dec 23 08)
Share price 5 to 6 cents
2009:
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05/02/2009 RIGHT: BLT: BLIS Announces Rights Issue
Share price about 4 cents
[New Prod-->] Natures Plus Ear Nose & Throat (11 Feb 09)
[New Prod-->] Solaray Oral Flora (pre April 09)
08/05/2009 RIGHT: BLTPA: BLT - Rights Issue Announcement ie. Issue Completed
28/05/2009 FLLYR: BLT: BLT - Preliminary full year result to 31 March 2009 "product sales were down 7% to $609K primarily due to the reduction in sales in Australia and New Zealand" "US sales were $325K with international revenue amounting to $462K." "Product packaging was reviewed and new packaging introduced to the market during the 2008 year." "improving the way in which the customer would interact with products by simplifying the usage guidelines." "In China BLIS has signed a manufacturing and marketing agreement" "[In Asia the] company is confident however that for each country-specific project, it has developed strong commercial partnerships" "[in] yoghurt products that BLIS K12 is stable" "approval by the Food Standards Authority New Zealand and Australia "
[New Prod-->] LEF Advanced oral Hygiene (Jul 1 09)
[New Prod-->] Epoca (22 Jul 09)
31/07/2009 ADDRESS: BLT: BLT - AGM Press Release and CEO Presentation - NZ sales doubled, Release of M18, Costco (not named then), "another major international consumer products company" (no details), GRAS, Canada, Japan, "Asia-wide business development strategy is in place and follows a similar commercial template as that used for North America".
Share price about 8 cents
[New Prod-->] Nature’s Plus Ultra Lipoic (Sep 11 09)
[New Prod-->] Ultra Probiotics Vegetarian Capsules (Sep 11 09)
[New Prod-->] Animal Parade® Tooth Fairy™ Children’s Chewable Dental Probiotic (Sep 11 09)
[New Prod-->] Whole Food Total Body Cleanse with Açai (Sep 11 09)
[New Prod-->] Imagenetix - Bioguard (Oct 2 09)
[New Prod-->] Biogenesis - Pro Flora Oral Health Chewables (Oct 2 09)
12/11/2009 HALFYR: BLT: 2009 Half Year Results "net deficit of $11k before tax and finance costs", sales revenue $663k, "promote BLIS K12 to the top 50 dietary supplement manufactures", "opportunities identified in Europe, Taiwan, Japan, Korea, South East Asia and Australia, which it anticipates will generate initial sales in the current financial year"
Share price 11 to 12 cents
[New Prod-->] Natures Plus Adult’s Dental Care Probiotic Lozenges - Peppermint (Nov 13 09)
[New Prod-->] Ultra Lipoic™ Bi-Layered Mini-Tabs (Nov 13 09)
[New Prod-->] VegLife Ear Nose and Throat Shield (Oct 13 09)
[New Prod-->] Swanson - Ultra Oral Probiotic (Dec 30 09)
2010:
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Share price about 11 cents
[New Prod-->] Dr Sinatra Ear, Nose & Throat Defense (Jan 19 2010 ),
[New Prod-->] True Botanicas - True Defense for Kids (Jan 28 2010),
[New Prod-->] CulturedCare gum (launch date: soon/now Feb 8 2010)
As usual, I've done my best to get the facts right. Corrections welcome. Clearly the work in 2008 set it all up, and the work now is undoubtedly setting up the future too.
This is one busy company. No wonder we discuss things a lot.
Interesting to note that all of the following products basically should feed into the next half results, not the last half? Some setup revenue would have been in the last though, presumably.
[New Prod-->] Nature’s Plus Ultra Lipoic (Sep 11 09)
[New Prod-->] Ultra Probiotics Vegetarian Capsules (Sep 11 09)
[New Prod-->] Animal Parade® Tooth Fairy™ Children’s Chewable Dental Probiotic (Sep 11 09)
[New Prod-->] Whole Food Total Body Cleanse with Açai (Sep 11 09)
[New Prod-->] Imagenetix - Bioguard (Oct 2 09)
[New Prod-->] Biogenesis - Pro Flora Oral Health Chewables (Oct 2 09)
[New Prod-->] Natures Plus Adult’s Dental Care Probiotic Lozenges - Peppermint (Nov 13 09)
[New Prod-->] Ultra Lipoic™ Bi-Layered Mini-Tabs (Nov 13 09)
[New Prod-->] VegLife Ear Nose and Throat Shield (Oct 13 09)
[New Prod-->] Swanson - Ultra Oral Probiotic (Dec 30 09)
[New Prod-->] Dr Sinatra Ear, Nose & Throat Defense (Jan 19 2010 )
[New Prod-->] True Botanicas - True Defense for Kids (Jan 28 2010)
[New Prod-->] CulturedCare gum (launch date: soon/now Feb 8 2010)
The Bioguard trial at Costco should be done by now (was suggested in one announcement that it would be complete by end November 2009, I think) , assuming it went to plan. Surprised there hasn't been an announcement yet ...
It may not be a yes/no situation, but a gradual shift. Here's one report about Imagenetix, http://www.redchip.com/visibility/in...sp?symbol=IAGX "IAGX is on track to expand its distribution of Celadrin to Costco from 200 to 400 warehouse stores nationwide. The Company’s BioGuard™ product is still in a trial program in 55 BJ’s [Costco?] stores in the Pacific Northwest. Walgreens continues to carry IAGX’s products and we expect more stores will pick up the Company’s products over the coming quarters. TV advertising campaigns are rolling out to support a pick up in sales of these products." (There is no date on this page, but I vaguely recall it appeared near Christmas, not sure. This looks like a generic web page address, so maybe the contents will change over time.)
And here's the annual and quarterly IAGX revenue statement for those interested: http://finance.yahoo.com/q/is?s=iagx.ob
News from Korea. Salivarius K12 status just changed from "under investigation" to "companion". Does that mean it has been approved? http://www.foodnara.go.kr/integ/jsp/...eq=1&num=433.0
There are lots of other substances that have "companion" status as well as lots that have "recognition" status. I just could not find out the meaning of it through the language problems. ("Geomtojung" is "under investigation", I believe.) http://translate.google.com/translat...N%26start%3D40
South Korea has 50 million people.
These people seem to have their gum for sale now - the "coming soon" has gone:http://www.natvd.com/en/online-shop/cultured-care.html . And http://twitter.com/CulturedCare says they are shipping the free gum now. So that seems to be off the blocks.
It's been a fair week for Blis watchers. The gum is for sale probably. The Bioguard results seem promising. The Koreans may have approved K12 (although we'll have to see, but the status definitely changed.) And heartening to realise 13 products have hit the market in the last 4 or 5 months.
Which would explain why there are very few bids or offers on the market! Of course, none of that news is in hard dollars. For that, we wait.