BIOLASE Inc Host a Q&A Session and Webcast Regarding its Upcoming Special Meeting Transcript
Lasers have become the standard of care throughout the body, whether or not it's corrective vision surgery through LASIKs, tummy tucks or orthopedics. The one part of the body that it hasn't become the standard of care, though, is in the mouth.
They will become the standard of care in dentistry soon. Only about 6% or 7% of dentists in the U.S. today have an all tissue laser. Now the good news is about 60% of those have a BIOLASE laser. Remember, every 1% increase in adoption means about $50 million of revenue for BIOLASE.
We value your time. So we've provided a table of content that will help you navigate through this video. So here's why we're here today. In May of this year, we were notified by the NASDAQ that we had slipped below $1 for the minimum bid price per share. The deadline to remedy this is 180 days from the main notice date. So we're holding a 1 issue election this November, and that is to reverse stock split BIOLASE common stock.
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