OTCQB:PBIO - Post by User
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AveragePennyon Dec 22, 2022 1:09pm
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Pressure BioSciences Gives Guidance for Strong Q4 2022 Sales
Pressure BioSciences Gives Guidance for Strong Q4 2022 Sales Future Outlook (The Stage Has Been Set): Q4 2022 & FY 2023.
- Revenue
- Q4 2022: PBI expects to report highest quarterly revenue in past 4 years, likely highest ever.
- FY 2023: each quarter expected to exceed prior quarter's revenue. UltraShear revenues expected to top $10M for 2023, beginning with over $1M in Q1 2023.
- Agreements (UltraShear Toll Processing)
- Company ending 2022 with 4 executed agreements; very close to final execution of six or more agreements.
- Each agreement estimated to yield $1M or more in incremental annual revenue.
- CBD
- Expect data releases in Q1 2023 from key opinion leaders in academia and patient treatment/advocacy, supporting PBI's UltraShear Nano-CBD as among Best-in-Class in Bioavailability globally.
- THC
- MA and CA market focus group studies underway to demonstrate expected superior speed of onset and absorption, supporting PBI's UltraShear Nano-THC as among Best-in-Class in Bioavailability globally.
- Nutraceutical Supplements
- Supply agreement with several multi-billion-dollar nutraceutical supplement leaders to be closed by mid-2023; strategic investment expected.
- Immune Booster
- Discussions underway with quality-leading, top-selling suppliers seeking assistance to nanosize oil-based active ingredients to be included in new, powerful Immune Booster product…including PBI's proven capabilities in curcumin, astaxanthin, and CBD.
- Cosmetics:
- PBI anticipates the Dr. Denese SkinScience partnership will strongly leverage data generated in 2022 studies of PBI's UltraShear processed Retinol and Lipid-Soluble Vitamin C, and from current on-going studies, to powerfully validate capabilities of UltraShear-enabled, next-generation, anti-aging serums from Dr. Denese, and will drive new achievements from her existing QVC marketing engine (with over $500M sales over 20 years), starting in Q1 2023.