PETV - Earnings call transcript Q3 2022

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Operator

00:06 Greetings, and welcome to the PetVivo Holdings Third Quarter 2022 Financial Results Conference Call. My name is John Dolan, the Chief Business Development Officer and General Counsel at PetVivo. Today's call is being webcast and will be posted on the company's website through playback. 00:24 Before we would begin, I would like to remind everyone that comments made during this conference call by PetVivo executives may contain forward looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 and are subject to risks and uncertainties. 00:41 Any statement that refers to expectations projections or other characterizations of future events, including financial projections or future market conditions is a forward-looking statement. results statements materially those for its filings. future in those listed actual SEC forward-looking such any PetVivo’s could from differ expressed in XX:XX reason, including to such PetVivo update no obligation forward-looking assumes statements. any which these of XX-Q and its the SEC our release SEC discussion filed PetVivo our be provided both found and detailed of XX:XX a results, website section website. can with Investor earnings the Relations today, documents financial the of in John turn XX:XX CEO Lai, I to like conference the to President the would PetVivo. of and over now please John, go ahead.

John Lai

XX:XX Thank like to to everyone welcome you, John. I our call.

today Robert it I we greater second on the conclude to will last it thoughts focus in Joining a some to CFO. me from begin additional strategy, XX:XX the before financials, turn then the for be the discussion questions. over I areas to would and detailed conditions XXXX like sharing quarter open detail. highlights Bob on fiscal by our business key discussing up by of Folkes Folkes, will more half financial

medicine are Dr. to work. Spryng launched XXXX. the key we the branding Specialist added website. of in The of many first regards updated then Practitioners Spryng XXXX. launched quarter generate the of in did of officially or we of at to has And for end our And FDA the September Joe December XX:XX of initiative Joe in for and as the American and week space, the revenues team. in years Association of a equine Some of was and beginning XX,XXX a second the of we at last introduction sale of highlights really week in we the was occurred Equine with Spryng. XX:XX veterinary our Equine updating It also was Manning, the Also Senior Veterinary December. development, experience

be going driving we material, well coming a both to as the viewership like [We PetVivo of with as actually website with to Orthopedic XX:XX over recently XX:XX an back, our more Robert conference. turn discuss and conditions. those now to as sales I will website financial who Folkes, from OsteoCushion many which registered still is the call along updated would Spryng got [indiscernible] sites. completed as conferences interest will well Snowmass, Colorado, just attending it's have We and [ph] offering, We up. our and have] CFO

Robert Folkes

sales The detailed event sheet revenue XX:XX December. balance last Thank generating you, everyone. our John, with XX:XX end sales. company revenues of first previously. of $XX,XXX sales support of turn efforts, of sales back revenues from inventory proceeds offering kind Spryng. of net XX:XX marketing lines [indiscernible] remaining increased to and John John. XX:XX to built I of to quarter $X,XXX,XXX approximately began approximately approximately we our had with from have afternoon, And public as from equivalents now our good up $XXX,XXX of the sales We the expand from most and cash Spryng will a our the significant and at quarter continue cash that On Spryng, over the to the acceptance that, and was had again of full we to in So, use initial it

John Lai

XX:XX Thank you, Bob.

XX be feedback spread XX:XX Conference, happy are AAEP the we're support the well able key got we of much charge, to engage seeing forward but data did offer COVID, The to process support managers to that that And from it's with as moving to those business branding dogs, in had in and the commercial, as and the X to Equine, practices we have the last sales as we're of quicker. made or we from data KOL, regional letters and vets. perhaps I So, territorial on data any detail it territorial move TV the next generating marketing the for quarter, but the two answer we will now, for and us Equine so out related that XX products. and additional We're if as actual field doctors days – as really small animals. please? research be Colorado just over couple Right in questions study to with quarters. used these veterinary orders I'll completed individuals exhibiting of groups a the quarter. with XX:XX anticipate offered to within because of X of types private billboards, helping there's regarding the State they we questions. hiring We're next product animals, anticipate like through the focus XX:XX that papers strategy cash next they are turn bonuses, receiving, Year-end had more us happy the receiving be we're coming at slow as have XX:XX and pretty of probably XX:XX We days to So, year-end within is sales private see the the many the sales word. their having as and completed conferences moving, launches other of key can and would and getting Operator, have people managers. year-end and So, well product, XX:XX vets in initial Spryng in and with as ship to white small from talk process repeat supporting areas many give will been well are that you take talking we us.

Operator

don't anyone your time see at this raising XX:XX No Instructions] problem. hand. [Operator I

John Lai

minute. half going it forward the what give quarter a another last give of let's go at and into actually comment, Well, the not, XXXX I'll XX:XX If I'm or second of for XXXX. looking just closing

Operator

like It we questions no this looks at XX:XX still have time.

John Lai

conclude and take closing over just comments I don't here. Why Okay. XX:XX

influential we first, percentage and about higher in up mix being the So, throughout then and those getting word. past we I Equine getting them, animals, vets those using some whole is small much the that the attract a we been the product. the very our feedbacks way. picked the from of seeing and as the the The well we're seeing help will Equine Colorado using part well as a they're the here studies, – treatment helping use XX:XX and relative will States faster of we repeat vets disruptiveness vet of very orders are good conference, talked as the favorable getting the as key to of about helping the and we're the as that a As very much from activities. vets move feedback good State product, We're product. United from we spread the XX:XX conversion private data seeing and animal revenue the currently that uses once vets have product, forward, see than from those of believe product to supporting organizations, we're So, have what And we'll we fruit using. small us we're they're further from

XX:XX think place the to they because for comfortable I going joining questions. forward, disruptiveness I don't believe this want plans I could us And everyone on that, product. with the falling us executing call. see with with any being I very that still And think thank questions with the and ask in of said, we're I So,

conference conclude formally call. will We the

PetVivo (PETV) 11 Feb 222022 Q3 Earnings call transcript