Mangoceuticals, Inc. (“MangoRx”) is focused on developing a variety of men's health and wellness products and services via a secure telemedicine platform.
To date, the Company has identified men's wellness telemedicine services and products as a growing sector and especially related to the area of erectile dysfunction (ED), hair growth and hormone replacement therapies.
Interested consumers can use MangoRx’s telemedicine platform for a smooth experience. Prescription requests will be reviewed by a physician and, if approved, fulfilled and discreetly shipped through MangoRx’s partner compounding pharmacy and right to the patient’s doorstep.
To date, the Company has identified men's wellness telemedicine services and products as a growing sector and especially related to the area of erectile dysfunction (ED), hair growth and hormone replacement therapies.
Interested consumers can use MangoRx’s telemedicine platform for a smooth experience. Prescription requests will be reviewed by a physician and, if approved, fulfilled and discreetly shipped through MangoRx’s partner compounding pharmacy and right to the patient’s doorstep.
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NewsTranscript
00:00Jacob, good morning. Welcome to the show. Good morning to you. How are you doing today?
00:08I'm doing great. I was just on the chat. You and I haven't had a chance to have a conversation
00:13in the past. I'm excited for this one. And, you know, I'd love to talk about what your
00:15company does. And I kind of mentioned to the chat that the conversation can be a bit taboo,
00:20but it's so important to talk about because many, many Americans, many humans around the
00:24world, forget just Americans deal with this. So enough teasing, let's get kind of right
00:28down to it. But before we do, give the folks at home a brief overview. What is it that
00:32your company does? That's OK. We like teasing. It's OK. We can't get canceled, though, Jacob.
00:38We can't go canceled. I appreciate that. I appreciate that. So Mangoceuticals is a men's
00:44health and wellness company. And we've really set ourselves to be different as a telemedicine
00:48company by providing really unique formulas and really unique products that are geared
00:53for men. That's the name Mangoceuticals or Mango Rx. And mango is a play on words for
00:58man go. So outside of being a really tasty fruit, we want men to go hard in all aspects
01:04of life. Therefore, we want to create products that, you know, that that emphasize that.
01:09Right. So whether it's in the bedroom, whether it's in the boardroom, whether it's at the
01:12gym or just in all aspects of life, you know, want people to feel good, men to feel good
01:17and be at their peak performance at all times. So, again, standing by that mantra, we've
01:22created products in those specific categories that we know are issues for men on a daily
01:27basis or, you know, could be right. Right. And also in terms of taboo, we really want
01:33to change the script because I really don't like it when, for instance, to talk about
01:36erectile dysfunction. Yeah, I hate that word dysfunction, because when someone says something
01:41dysfunction, right, you hear that word. It sounds like something's wrong with you. So
01:44we shifted it to call it erectile function. It's not that it doesn't work. We just want
01:49it to work better. Right. It's the same thing. Instead of calling it hair loss, we call
01:53it hair growth. We want to focus more on the positive. You know, yeah, I could you know,
01:58I can stand to have a little bit more hair on my head. Right. Yeah. And weight loss.
02:03You know, it's again, with the way we try to do it in our marketing is it's not about
02:08thought that, hey, you're fat or, you know, you're way overweight. It's I could lose a
02:14few pounds. Right. So it's really changing the script and making men feel more empowered
02:19to do something about their overall well-being and their state of health makes total sense.
02:24By the way, I think that Mike is kind of brushing up against your shirt sometimes here. Just
02:27a heads up on that. Sorry about that. No, no, no. You're good. You're good. Now, here's
02:31the thing. You have there are many competitors in this space, I feel right, whether it's
02:36the Viagra aspect of it, whether it's a company like Tabs, you guys as well. So what is what
02:40what kind of separates you from the competition? And I know you've got some of your product
02:44offerings here as well. What separates you from everybody else that's kind of attacking
02:48this space, maybe in a different way, though? Sure. Well, when we set out to enter into
02:53the market, you know, again, there were only a few players out there that were doing anything
02:57from a compounded standpoint. Typically, when people were going online to order medications,
03:02they were getting generic medications like generic Viagra, generic Cialis, which is
03:07tadalical. So then I feel no one was really doing anything, going the extra mile by by
03:12compounding these medications with other medications to give it a little bit more of a
03:16robust impact. And also what we've done is also changed the delivery system. So instead
03:22of taking a pill, which, you know, is hard to swallow sometimes, we make a lot of ours
03:28and what's called rapid dissolve tablets. So they go under the tongue, they dissolve
03:32sublingually, so it hits the bloodstream faster. And that's another one of our taglines is
03:37ready set mango. So you're ready to go and in a faster timeframe than just, you know,
03:43taking a regular tablet. So compounded medications is something that we've kind of started to,
03:50you know, to enter into the market and to introduce into the market. And that's really
03:55one of the things that separated us from the competition and continues to separate us from
03:58the competition. The other thing that's really separating us from the competition right now,
04:03which we're very excited about, and we literally just announced a couple days ago, was we are
04:09now able to prescribe controlled medications on our platform. We've just invested a significant
04:16amount of capital into a proprietary back-end telemedicine platform, like I said, which
04:22is proprietary only for us. And the DEA has gone in and has done an extensive audit to
04:27allow us now to prescribe controlled medications. And what's the controlled medication that
04:32we're prescribing? It's actually testosterone. And one that I'm very, very excited about
04:38and which I know is going to be a game changer in the market because it's an oral form of
04:42testosterone.
04:43Is that the TRT treatment? Is that because that's, I've heard, I've heard of similar
04:46names. Okay. Yeah, that's right. Yeah. Sorry. TRT stands for testosterone replacement therapy.
04:51So yes, exactly. And again, I'm not sure if you're familiar with this. I mean, you look
04:56pretty young, so you may not have an issue with testosterone, but you know, unfortunately
05:00men, as they get older, they start losing, they start their testosterone levels start
05:06to, you know, to decrease. And therefore you have to go and try to get some kind of
05:11a supplementation to either natural body's testosterone or to replace it. And traditionally,
05:18the way to get it, the way to have TRT is through like an injection or a shot, which
05:22I know can be painful. It's, it's time consuming. You got to go to a clinic once a week. You
05:28have to stay on a schedule. If you travel, if you're busy, it gets, you know, it's gets
05:34a little tough to, to really, really stay and maintain a schedule. Yeah. But this is,
05:40this is brand new. It's FDA approved and it's oral. If you just take two soft gels once
05:46a day and that's what, that's what replaces your testosterone. And it doesn't have nearly
05:51the amount of side effects that a shot would have. So this is truly game changing. Like
05:56I said, it's FDA approved. It is, you know, we're debunking what people feel about oral
06:01TRT. Traditionally, someone would hear oral TRT and they think it's, it's toxic to the
06:06liver. A lot of doctors are against that because of the toxicity. But this technology actually,
06:12it doesn't get dissolved in the liver. It gets dissolved in your lymphatic system. So
06:17it completely bypasses the liver. It's very safe. And, uh, you're just, your, your body's
06:23actually continuously producing natural testosterone. So, you know, I just wanted to show some of
06:28the packaging. Yeah. Feel free. So this is what we call prime. Yeah. Mango RX. And, uh,
06:36yeah, these are the pills. They look very, uh, almost like a, like an Omega three. So
06:42you could see right there. They're very small and you just take two. So I'm going to, I'm
06:46actually on it myself. So I'm just going to take it real quick. I love it. Yeah. Well,
06:51mango, sometimes it's okay to take your own supply. I feel like this is, I feel like this
06:57one is okay. And yeah, it's always good to not just put money where your mouth is, but
07:01also to take your own supplements and what you're, what you're providing here. Let's
07:04talk about the money aspect. Matter of fact, before I do that, I want to kind of touch
07:07based on what you said, because on this show, I, you know, they, they kind of, there's an
07:10inside joke of, I always get my haircuts every week or so I'm due for one, uh, probably right
07:14after today, but you know, there's, there's hair loss that I deal with as well. There's
07:18a hair loss that many men will deal with because of stress because they don't touch grass enough
07:21because of today's world environment is in go, go, go mode, not just for men, but also
07:25for women as well. So I feel like there's more of an open conversation about, Hey, yeah,
07:30these are the things that we deal with when it comes to health, depression and mental
07:33health was a taboo topic, but now people talk about it openly on FinTwit. I'm hoping that
07:38hair loss and you know, erectile function, if you know, just to take your words from
07:42it, those are also conversations that we can have in the open space. Let's talk about the
07:46money aspect because you are publicly traded. You've got this new oral FDA TRT treatment.
07:53What's that going to mean for the bottom line? What, what, how is it going to continue
07:55bringing in money? Cause you are a company at the end of the day.
07:58Absolutely. Uh, so the good news is that we somewhat have a competitive edge here and
08:02that we're one of the only, there's a small handful of companies that are able to even
08:07offer this product. Um, we're very close with this, with the CEO of the pharmaceutical manufacturer
08:12and he's really given us a little bit of a headstart. So that's number one. Yeah. Um,
08:17number two, you know, our goal since we've launched prime, uh, is really to get about
08:2110,000 subscribers in the first year. Um, we sell it for about $225 a month. So again,
08:28you do the math. If we're trying to get to 10,000 customers, that's a about 20, 25, $26
08:33million a year in top line revenue. And our margins are very hefty. We're in the, between
08:37the, you know, the mid thirties and in the margins. And the good thing about TRT is once
08:42you're on it, you have to stay on it because your body is now used to getting that extra
08:46testosterone. So the longterm value of this customer is just going to continue to compound
08:51and compound. So ideally, uh, I could share some statistics about 5% of the male population
08:58in the U S or on some form of TRT. So that's roughly around eight to 9 million men. So
09:0410,000 subscribers is, is a very, it's, it's a very infinitesimal, you know, percentage
09:10of what out there. So obviously we're trying to get to 50,000, a hundred thousand, which
09:14would get us into the quarter billion in revenue range. And that's just with this one product,
09:19not taking into account our mango erectile function, our hair growth. Um, we have a oral
09:25dissolvable slim and trim, which is the semi-glutide and the triseptide. That's going to be launched
09:31in a month from now. So all of those product categories are going to be bringing extreme,
09:35you know, very good revenues through our top line. But prime is, we know it's been good
09:40longterm value of a customer. Um, 10,000 customers is our goal for the first year, which I believe
09:46we have a lot of strategies to hit. So we're very, very bullish and very excited about,
09:50uh, about God, about getting this to market and start to generate recurring revenue.
09:54A part of that strategy, I'm going to assume is to have your partnership with the international
09:58society or frontier life sciences and technology. You talked about that. Um, you know, you released
10:03a press releases on it. Give me quick insights on how is that going to help the company,
10:07especially get to the numbers that you were just giving us a breakdown on.
10:10Absolutely. And I'm just going to go back to your original point about a competitive
10:13edge. Uh, that was one of the things that we saw was that in order for us to maintain
10:18and be competitive in this industry with the competitors that we have is to have a global
10:22presence. So we've already established a subsidiary in Mexico and we're doing a lot of great things
10:28in Mexico to get the mango name out there. And just recently we just signed this distribution
10:32agreement with, uh, an Asian distributor that's going to focus on the Chinese market as well
10:37as Southeast Asia. And they've already been, uh, uh, showcasing our products at conferences
10:43there. Uh, we've been in conversations, uh, you know, to further some opportunities there.
10:49So as you know, the market in Asia is much greater than the United States. So I, I can
10:54allow you to kind of, you know, take logic to where that's going to go in terms of what
10:58that can do for us. But it's going to give us a lot of exposure from a branding standpoint
11:02and it will translate into, or at least we, we hope that it's going to be translating
11:07it to some good top line revenue, uh, from a global standpoint.
11:11Any, and then I guess I'll turn it over to you. We've talked about so much in terms of
11:14not just competitive edge, but also the new products that you have coming out, where the
11:18strategy is, partnerships that you have now, you just mentioned in Asia and Southeast as
11:22well. Anything else that you were kind of hoping to talk about to our viewers that I
11:25didn't get a chance to bring up the floor is kind of yours.
11:28Absolutely. Uh, I mean, we're really going to be strengthening our online digital
11:34marketing presence. Uh, I announced this about four, five months, four months ago that
11:39we just retained a ad agency. Actually, there's a competitor of ours called Bluetooth and,
11:45uh, they were the ones who took Bluetooth to 200 million in revenue from practically a
11:50startup. And so we retained the same, uh, ad agency. They're based out of Quebec city.
11:55They're called crack, uh, crack media or crack revenue. And, uh, we're very, very
12:00excited to get them going. I think they're very excited to show us what they can do.
12:04Uh, so, um, that's going to be, you know, hopefully we'll be seeing the results of
12:09that very, very near term. And, uh, we just want to continue to get the name mango out
12:15there to be a household name.
12:16Well, Hey, I look forward to, you know, having more conversations because again, I
12:20think this is an important topic to talk about just because it's always kind of been
12:24hidden in the bedroom, so to speak. Uh, no pun intended there, but it is something that
12:28many humans around the world deal with. And I'm not just talking about direct hillside,
12:33but in terms of low testosterone, in terms of hair loss, in terms of, you know, fat loss
12:37that they're looking to get, whatever the case may be. So Jacob, I'm glad we had this
12:40conversation. I look forward to the many more that we'll have here.
12:42Rest of the way. Looking forward to it. Thank you so much for your time. Absolutely.
12:45That is Jacob Cohen, who is the CEO of mango RX ticker is MGRX. Thank you so much again,
12:52Jacob.