Hi all. I'm just curious as to how much this could bring to opti. As we all know, there are many companies we are in discussions with and one being coca cola. Not really knowing where to start I tried working out what sort of revenue this might be, and I'm sure I'm way out ....but......just hypothetically, assuming they used us in every can of coca cola, their website suggests 2.2 billion servings a day by the way. The manufacturing partner we are using to manufacture Sweetbiotix apparently will give us 10pc of the royalties as coca cola is one of the prior named companies that attract the additional 5pc on top of the normal 5pc royalty. I know there's so many versions like diet/regular etc etc but just spitballing here assuming we were in every can. If our manufacturer partner made only 1 cent profit for every can they used Sweetbiotix in, that's 2200,000,000 cents or divided by 100 gives 22 million dollars profit to them......a day! Assuming we had 10pc royalty on this that's 2.2 million dollars to opti......every day! I've trying to find out online what sort of costs their ingredients actually are but I can't find any definites so I am probably well off. But even if our manufacturing partner only made one tenth of one cent profit per serving the cut to opti would hypothetically be 220,000 dollars per day. These figures seem way too high surely? Can someone with actual knowledge or experience in these matters please point out where I'm going wrong please lol
Hi. Does anybody have any guide on where SBTX may be on the cash front as of now pls?
I'd love to know the reason why sweetbiotix is not in these products after all the shelf life testing and NDA's over the last 5 years or so. Even if they offer us a low ball amount per unit , the vast quantity that would be sold would mean a big income for us and get the sweetbiotix name out there. I wish we were given answers why.....
Now that the manufacturing partner has finalised optimising production of sweetbiotix, how long will it take for deals to be done with major companies? I know we were told some big players had done shelf life testing etc but presumably they couldn't proceed further if there was no means of acquiring sweetbiotix via manufacturing at the time? Is there normally a long time between signing a deal and seeing the products on the shelves?