 In this video we're going to go through a dental penny stock which could double fast. It recently has had a bit of a pullback because of the recent market conditions and many penny stocks are highly volatile and they tend to have a bigger impact when the market is down in terms of the impact on the actual stock. So this is starting to present a buying opportunity for this one and I'm going to go through some information on this one why I think that this is a good penny stock that could double fast. We'll go through all that information I've got to say I'm not a financial advisor I am a business teacher in my daily life but I'm by no means an expert on the stock market we'll get right into the information to respect your time and if you could leave a like on the video that'd be fantastic it helps you get it up into that YouTube algorithm the YouTube search results so when people are searching for stocks we come up in the YouTube algorithm so any help on the channel is greatly appreciated and leaving a like will do that but as I said as I promised I'll get right into the information to respect your time. So the company we're talking about today is Biolaze okay and this is a dentistry particular penny stock and this involved in this industry and I'm going to go through some of the information as to why I think that this stock's got a lot of potential it has been talked about a little bit already in terms of some of the channels and many other people that have covered this stock and I think that they're good to indicate this stock as a potential stock that's got a good future for it so we'll go through the information so first of all there is the the worldwide leader in dental lasers okay and what other what does that mean so Biolaze is the worldwide Biolaze is the world-leading innovator in dental lasers with thousands of lasers used in operations worldwide millions of patients have experienced the benefits of laser dentistry such as gentler procedures and comfortable healing so essentially this product has got a lot of unique selling points in terms of one area when you go to the dentist one area that you want is is to have that comfortable factor and sometimes dent go into the dentist is not 100 comfortable by any means so by having products there that actually try to make it a much more gentler and comfortable procedure has a really big unique selling point and this is something that customers do really want and you know as dentists they've got to try to build up products and they've got to actually use products that are going to make it much more comfortable for the patient or the customer right and I think that this is where this has actually got some unique selling points okay and we'll go into this so these are some of the products here so you've got the soft tissue lasers then all tissue lasers so they've got a range of different products that can be used in this dentist application right and before we go into some further information about this stock and all the information I've got for you so I've got to say thank you everybody for all the support we're almost close to 9,000 subscribers which is absolutely amazing that's 6,300 in the past 28 days which has been a huge amount of growth on the channel here so thanks to all the support and anybody who's liking the videos to get it right up into that youtube search results and algorithms and all that good stuff I'll get right back into the information though so moving on also make sure to turn on the notification bell if you're new to the channel already subscribe so that you can get first-hand notification of any penny stock videos that we come out with okay moving on by LA's announces preliminary fourth quarter revenue results at current cash position so you've got this recent information out that's just out on the january 26th and they're saying total revenue is expected to be in the range of 8.2 million to 8.5 million which would represent sequential growth of 26 to 31 so they are growing their revenue which is is good to see and they're growing it to a decent rate as well so as US revenue exceeded the prior year fourth quarter despite the situation there 78% of sales came from new users continuing a positive trend yeah so that's good the fact that they're actually getting their products out there and more users are using this product that is really good because that's about building that brand image overall as well 40% of sales come from specialists a significant increase compared to recent prior periods so that tells me that this company is starting to really build up their reputation enough that more specialists are actually you know building sales on this and they're actually being able to sell to these specialists his asp for us waterlays i plus increases 22% uh year on year and four different uh DSAs acquire biolays technology in the fourth quarter so they are growing their revenue which is fantastic to see which is really good with the penny stock right to have that revenue kind of growth and have that reassurance that they are growing their company you know they are growing the revenue which is really good to see and they have a positive cash position of 25 million which is okay now going through it what's the overview so first of all it's a leading global provider of dental lasers for cosmetic restorative and surgical applications complete line of productions for both general dentists specialists and practitioners sold over 40 000 laser systems into 80 different countries today large ip portfolio was ip mean it's intellectual property large intellectual property portfolio 257 issued and 43 pending patents 30 million dollars in value so this is good this is really really good the fact that they've got a lot of their intellectual property there so what does that mean it means they've got a competitive advantage because nobody can copy exactly what they're doing and what they're providing in that sense because the patent protected or they've got intellectual property on some of the products that they're actually selling which is really important and they continuously trying to apply a patents i mean 43 pending there could be catalysts in that as well particularly on anything that's so there's a really good product right it's established and fairly stable revenue based with improving margins an experience management team effectively transitioning buyer layers from r&d focus to commercial success and profitable growth that's what we like to hear as a as an investor they've okay they've got the research and development they've built the products now their focus is on the commercialization selling these products getting them out there getting the revenue in which we can see is what they're trying to do which is really good as an investor potential investor into this stock i'm going to i don't actually currently earn this stock but come monday tuesday wednesday time i'm going to probably buy into this stock so long as it's a reasonable level price and again it's had a dip already so i think there's time to get to a good buying opportunity now going into this you got full spectrum of laser systems and consumables so these are some of the systems that they've got right they've got the water layers express i plus epic pro epic x and epic h so they've got a range of products and that's what i like to see in a company if they've got a big product portfolio say for example one of them doesn't do very well well at least they've got a range of products there that hopefully they've got some winners in that portfolio and judging by some of this revenue growth that seems to be the case now moving into this so it's got a massive growth opportunity here 60 million people in the us alone have gum disease and increased health risk due to the connection between oral and syptignath synthetic health so over 2.7 million implants placed in 2017 with a six percent increase year on year okay so we see these statistics increasing and basically buyer layers can come in here provide a product that actually meets that total addressable market which is really good to see um just a little bit about the c president and chief executive officer the CEO of the company i do like to look into who are the individuals running the company because these are the ones driving the company forward okay so he's saying he's got prior to becoming the CEO he was in the board of directors he also brings broad experience in the global dental industry most relevant as president of north america of cavo care subsidiary of the danahare corporation so it's in terms of dental instruments uh imager instruments and then also is wet as general manager of metrics medical and he's also got a MBA in management so to me that tells me he's got a business brain in a sense that he understands business but also he's got that experience uh in the dental industry as well so that combination is really powerful and again you can look at all the other sort of leaders involved in this company those seem to be very experienced they seem to be very smart and i like smart people when i'm investing in businesses and uh this seems to be one of them that where they've got a smart leadership team now i wouldn't go amiss without me actually mentioning some concerns that i have with this stop the first one is the volatility it is a penny stop so what i advise anybody to do is to do their own research don't just take my word for it my analysis my thoughts right and then buy based on why i said don't do that don't do that all because i'm no expert and i really aren't okay yes i you know understand business you understand business fundamentals but i'm not by any means an expert so you've got to look into your own research there and why do you need to do that because if you take responsibility and your own research as well you're not going to sell the stock when it's low when it has the dip when the market is you know down a significant amount in a couple of days you know and then penny stocks have a have a big hit because of that you're not going to sell based on that because you realize that the stock's actually got potential and the only reason why it's coming down is partly due to the market conditions so think about this think about doing your own research so that you then hold this stock medium to long to then actually get to the price target that you want to achieve with this stock so really doing that research really prevents you from trying to sort of sell this stock a loss or panic sell it or anything like that by actually conducting that research and understanding the fundamentals and companies potential as well right another area is the industry competitors there tends to be a lot of industry competitors it seems in this area which to me is interesting because that is you know it may have an impact on profitability now the good thing is is the ip and the fact that they're trying to get loads of patents right for what what they do which means that they've got that competitive advantage over the competitors if they're able to get those patents and they you know they are getting the patents right but that's just to bear in mind it's just a there's competitors out there there's a strong focus on maintaining reputation as well you know this isn't the dental industry and you know dentistries you know they pride themselves on a lot to do with their reputation so as a company they need to actually maintain their reputation with these okay and part of that is through the information that that they provide as well and actually building their brand and the reputation of credibility is the key word we're looking for here the credibility of the brand okay now what is some of the benefits of this so it's got a great product portfolio as we mentioned there's a range of products it's got a large total addressable market meaning that there's a lot of people that could use these products and they could sell a lot of the products right so there's a lot of total addressable market there's good potential profitability and we're starting to see that in terms of the revenues coming in but also you know the profitability on each of the products itself as they you know scale back the research and development and now kind of focus on that commercialization will hopefully lend itself to more profitability and then also you've got a very smart very strong leadership team it seems now the current price what is the current price so the current price is sat at $1 12 USD $1 12 and interestingly enough there's got four analysts on CNN that actually have this at a low of $1 50 a medium of $2 and a high of $2 I think that this could get up to $2 very fast I mean it popped towards $1 50 here just a couple of days ago so I think that this has got the potential to reach that $2 not in the next 12 months but very very fast and again I do think it's got a lot of potential as you can see from the research we've gone through here and so certainly want to look out for if you can get this anywhere around this $1 lower $1 range or anywhere like in you know 80 90 60 cents you know anything below a dollar I think is a really good buying opportunity to buy en route to the $2 to $3 mark and hopefully you can then double triple your money on this one I really do think it's got a lot of potential so that's the one that I've got through today so please do leave a like on the video again it helps it get it up into the youtube search results and algorithms and I really do appreciate everybody's support on the channel for everybody who continues to watch the videos and subscribers and likes and all that sort of stuff I really do appreciate the growth on this channel has been amazing and thanks for all the support and I'll see everybody in the next one