SEE BELOW. RESPONSE FROM THE CFO. I believe many of you will find this VALUABLE!
Hope all is well and thank you for being a strong supporter.
I have answered your questions below – feel free to reach out to me if you have any questions going forward.
Good Morning Vanc Pharmaceuticals,
I was hoping you could provide me some answers to a couple questions.
Do you have an update on the status of drug shipping from India?
- First shipments should be arriving early in Q2. From there the Quality Control process takes 3-6 weeks so revenue from these products should commence by mid to late Q2.
Are there purchase orders in place for these drugs with the LOI pharmacy?
- The LOI will turn into purchase orders once the drugs arrive in Canada.
Where will you be focusing your initial efforts for commercialization of these drugs?
- Our initial focus will be on independent and small chain pharmacies in Western Canada. We believe we can build a strong rapport within this market and that will be the area where we initially focus our attention.
Are you currently pursuing further relationships to develop with provincial government health plans?
- We will always look for ways to separate ourselves from our competitors but at this point it is difficult for me to comment on this.
I am supporter of Vanc and believe management is top notch. As a highly invested individual, I would appreciate a response to any of the above questions. I am not concerned about the current share price as it does not reflect your worth. You are very undervalued compared to some comparable peers. I wish nothing but good things going forward.
- Thank you for all your support – feel free to reach out if you have any further questions/comments