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Avricore Health Inc. V.AVCR

Alternate Symbol(s):  AVCRF

Avricore Health Inc. is committed to becoming a health innovator and applying technologies at the forefront of science to core health issues at the community pharmacy level. The Company’s goal is to empower consumers, patients and pharmacists with innovative technology, products, services and information to monitor and optimize health.


TSXV:AVCR - Post by User

Bullboard Posts
Post by hydrabioon Jun 15, 2017 8:31am
172 Views
Post# 26365114

Reality

Reality
There are more pressures to decrease the price of generics. With the 3rd party manufacturing contracts Vanc has, their floor pricing does not put them in a position to be competitive with what the market demands for payment. Again, product listing formularies are spoken for (unless there is a competitive backorder, a new combination generic or a small niche product (like AA pharma) So the poor reps are out there slugging it out with minimal product management and PA $ to use. a few PP have backed away after taking a close look, because it is ugly. Its ugly even for the big boys in the generic space. There are companies that have gross sales of $150M that bring in only a profit of less then $1M and in some cases breakeven. This is with owning the vertical chain and manufacturing. When you see movement on the stock, its not based on net sales or growth, only on PP and pump and dump. To get products listed at wholesalers and cheer about does not help at all (unless there are listings with the wholesaler banners) I do hope for everyone's sake that something happens that will turn this boat around and not let it sink.
Bullboard Posts