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BioWave

12 statements across 1 episodes · 4 bullish · 0 bearish · 1 people on the record · first statement Aug 23, 2018 by Brad Smith · said 13 times in 1 episodes since 2018 · across every show →

Mentions by year

brought up most by Nathan Latka (11), Brad Smith (2)

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2018 13 mentions in 1 episode

every mention, scene by scene, with the transcript →

Everything said about BioWave, oldest first

Aug 23, 2018
Disclosure
Smith: BioWave Raised About $6M Pre-Revenue from Angels and VC
“About six million I raised from both angel investors and a venture capital investor.”
Brad Smith Aug 23, 2018 ▶ 9:05 1125 He's Sold $5m+ Of Magical Pad w/ 1,014 Needles Athletes Use to Kill Pain
Aug 23, 2018
Disclosure
BioWave gets 95% of clinic market revenue from disposable electrodes
“95% of the revenue in that market we're making from the sale of those percutaneous electrodes Even though we're selling the 3500 dollar device as well, that's much more of a disposable driven revenue stream.”
Brad Smith Aug 23, 2018 ▶ 12:54 1125 He's Sold $5m+ Of Magical Pad w/ 1,014 Needles Athletes Use to Kill Pain
Aug 23, 2018 bullish
Prediction Not checkable as stated
Smith: BioWave will surpass $5 million in revenue in 2018
“No, this year we'll be north of that.”
Brad Smith Aug 23, 2018 ▶ 16:07 1125 He's Sold $5m+ Of Magical Pad w/ 1,014 Needles Athletes Use to Kill Pain
Aug 23, 2018 positive
Assertion Not checkable as stated
BioWave works with 24 NBA and 24 MLB teams
“So, but the, I would tell you the, in professional sports, and we have 24 NBA teams, 24 major league baseball teams, and other sports and whatnot, the NFL probably is our most profitable, because they have more players on a team”
Brad Smith Aug 23, 2018 ▶ 7:59 1125 He's Sold $5m+ Of Magical Pad w/ 1,014 Needles Athletes Use to Kill Pain
Aug 23, 2018
Disclosure
BioWave operates with 16 full-time employees
“16.”
Brad Smith Aug 23, 2018 ▶ 13:58 1125 He's Sold $5m+ Of Magical Pad w/ 1,014 Needles Athletes Use to Kill Pain
Aug 23, 2018
Assertion Not checkable as stated
BioWave has sold between 5,000 and 6,000 total units since 2007
“No, less, like, right, five, 6000 in that range.”
Brad Smith Aug 23, 2018 ▶ 10:12 1125 He's Sold $5m+ Of Magical Pad w/ 1,014 Needles Athletes Use to Kill Pain
Aug 23, 2018 bullish
Assertion Not checkable as stated
BioWave claims 30 of 32 NFL teams use its device
“Well, we have 30 or 32 NFL teams, so I could pick any team.”
Brad Smith Aug 23, 2018 ▶ 2:09 1125 He's Sold $5m+ Of Magical Pad w/ 1,014 Needles Athletes Use to Kill Pain
Aug 23, 2018
Assertion Partly supported
BioWave Charges $3,500 for Pro Unit and $895 for Home Device
“The pro unit is 3500 dollars, and our home prescription unit is 895 dollars.”
Brad Smith Aug 23, 2018 ▶ 5:06 1125 He's Sold $5m+ Of Magical Pad w/ 1,014 Needles Athletes Use to Kill Pain
Aug 23, 2018
Disclosure
BioWave has over 70 national distributors selling to clinics and VA hospitals
“We have, in addition to our inside sales here, we've got over 70 distributors nationally selling to pain and spine clinics and also to VA hospitals.”
Brad Smith Aug 23, 2018 ▶ 14:42 1125 He's Sold $5m+ Of Magical Pad w/ 1,014 Needles Athletes Use to Kill Pain
Aug 23, 2018 positive
Assertion Not checkable as stated
Smith: BioWave doubled its revenue in 2017 compared to 2016
“In 2017, we did two X the revenue over 2016”
Brad Smith Aug 23, 2018 ▶ 15:31 1125 He's Sold $5m+ Of Magical Pad w/ 1,014 Needles Athletes Use to Kill Pain
Aug 23, 2018
Assertion Supported
BioWave Electrode Pads Cost $15 and Are Reusable 10 Times
“15 dollars for this pair. And they can be reused about 10 times.”
Brad Smith Aug 23, 2018 ▶ 6:32 1125 He's Sold $5m+ Of Magical Pad w/ 1,014 Needles Athletes Use to Kill Pain
Aug 23, 2018 neutral
Assertion Not checkable as stated
Injured pro athletes order BioWave through workers' comp
“And when players get hurt, they order these through workers' compensation, and workers' compensation pays for it.”
Brad Smith Aug 23, 2018 ▶ 8:13 1125 He's Sold $5m+ Of Magical Pad w/ 1,014 Needles Athletes Use to Kill Pain
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