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Bullboard - Stock Discussion Forum Avivagen Inc V.VIV

Alternate Symbol(s):  VIVXF

Healthcare
Avivagen Inc. is a Canada-based life sciences company. The Company is focused on developing and commercializing products for livestock, companion animal and human applications that safely enhances feed intake and supports immune function, thereby supporting general health and performance. The Company’s operations as one segment, products based on OxC-beta Technology. It OxC-beta technology is... see more

TSXV:VIV - Post Discussion

Avivagen Inc > $111,000 CAD a tonne!
View:
Post by DrJayser on Jan 26, 2021 10:46am

$111,000 CAD a tonne!

For fiscal year ended October 31, 2020, the Corporation recorded revenues of $1,177,857, of which $28,890 relates to the sale of companion animal products and $1,148,967 relates to the sale of 7,250kg of OxC-betaTM Livestock 10% premix to UNAHCO, Inc., 2,450kg to clients in Mexico, and 664kg to clients in Thailand, Taiwan, Brazil, and Malaysia.

10.4T last year and a loss of 4.75M$!

at 55,000$ of gross margins they need 86T to break even! 

Where are the follow-up order from Brazil,Thailand,Taiwan and Malaysia?

A real winner this POS
Comment by DrJayser on Jan 26, 2021 11:53am
Wasn't UNAHCO at 1 tonne per month like 3 years ago? 
Avivagen Inc