BioLase Technology, Inc. (BLTI) Message Board

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Biotech / Medical : BioLase Technology, Inc. (BLTI)

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To: lizard lick who wrote (542)	8/5/1999 4:34:00 PM
From: J Stone	Read Replies (1) of 706

"BLTI recently signed a one year worldwide distribution license for its LazerSmile Tooth Whitening System with Tactica International for an annual minimum quota of 500,000 units. Tactica will pay a royalty per unit to BLTI and has taken over the marketing of LazerSmile, which began in July. We estimate the license can generate $2-$3 million in sales over the next 12 months, of which 90% should be profit. " A few comments... The license is only for 1 year? At a minimum annual quota of 500K units, if BLTI only sees $2m - 3m, then that's only $4-$6 per unit. This strikes me as kind of low. Seems to me a better deal could have been negotiated. Also, wasn't there supposed to be an advance on the first year's minimum? Separately... Does anyone know when the next earnings announcement will be?

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