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You've nailed it super - bashers don't change their spots because of a name change - it is a behavior. Who thinks of changing their handle and continuing on? Someone with no life or ulterior motives, not rocket science. The humorous thing is that the incessant bashers do not affect share price. What will bring BIEL into the real world more is qualifying to be listed on the OTC:BB, 510K application to the new FDA device category and approval for OTC sales here in the States.
Only previous name mentioned I would disagree with is steve43, in my opinion most assuredly one of the good guys, who actually went to work for BIEL spreading the word in the equine community in Florida - He actually posted a picture of his vehicle and did he post a picture of himself too/ Said at the time he went with BIEL that he would cease posting, which I respected.
I triggered 'ignore', so I don't normally see your posts, but I regressed when I saw investordisciple post #36631, wondering what was up for him to imply that you may be pessimistic, imagine making that suggestion! And, especially after so many have suggested you are negative on your bashing focus on share price because you want to buy shares at a lower price!
Lo and behold, you actually asked for feedback as follows:
"Name me one BIG investor besides Andy and family that is invested in Biel ?"
Simple, I know of one investor that has invested millions of dollars in BIEL advancing its product line to Americana and, as a matter of fact, that investor has just requested feedback on its announced proposal to create a totally new device classification which would house BIEL products and those of any competitors. The BIEL advantages are; drug-free, side-effect free, patented pain management for many sources of pain, including severe menstrual cramping. Can you guess who the investor is?
That's significant with the exclamation marks Honsvick and, like anyone, 100% of what you have. A good amount to some can be huge to others, etc.
Another brilliant idea Mary - just like yankee - Imagine the HR management of our largest corporations maintaining an inventory of ALLAY to be dispensed by the medical side - or - BIEL connects with every Fortune 500 company with a pitch and a video on the attributes of ALLAY for dissemination to all divisions, all countries? And the company offers to pay for the cost of ALLAY for those women with such difficulties? Easy to control poor behavior, history of absence, only receive one per month and no one can tell me women would not appreciate the gesture as generous and kindly!
Let's see, reduced absenteeism, higher productivity, higher profits, greater job security, higher quality of life personally, socially and with employees there are in all Fortune 500 companies? I checked, only superficially, and it seems to be in the 13 million range. Do the math and it's a lot of ALLAY and forward thinking employers looking after their biggest resource.
Great idea Mary - hope my expansion on it doesn't offend. Instead of "Ole" as the advertising by word, make it "ALLAY' with happy, gorgeous, dignified flaming dancers. . . . ALLAY! :)
thanks Honsvick - a good amount or a significant amount? :)
Thanks Erbb - very interesting numbers.
2 guest doctors and out pops a number from Steven Garner that I was not familiar with, "there are 100 Million people living with intractable pain". He also said that Tylenol is a major cause of liver damage when combined with other pain drugs which is common.
If correct, I'm even more comfortable with the future of BIEL.
If BIEL and any other device firms operating outside of BIEL's IP patent can help Americans in significant numbers manage their intractable pain, the market is profitable.
Question might be, what might a significant number be? I would say that 2% (2 Million) is a small number; 10% (10 Million) might be a number that could be expected; and 25% (25 Million) would be a "significant" number of existing potential users of pain management devices. These are people already suffering from difficult to deal with pain issues. Now add in those Americans dealing with pain that is easier to deal with, how many of them are there? Are we a nation in pain? No small wonder the experts are concerned about physical conditioning, obesity and working out, even walking twice a week! What a great market.
I'm not experienced enough at pharma sales numbers to know where to go now. Significant portion of the 100 Million number plus a portion of other Americans with more easily managed pain, plus those with irregular pain, plus women who might use ALLAY and you have a number. Figure out need, usage and battery life and frequency and we have units. Times dollars and we have a sales estimate. Times a multiple and we have a value of device companies and BIEL is right in the middle of that space with multi patented products in its pain management line. Where is our buddy ImRich when we need him, he's good at this stuff along with other good guys here. I'll leave it to other posters to comment on Dr. Garner's numbers and help me with mine and estimate the annual market and dollar sales potential for BIEL. Thanks again Erbb
Thanks yankee - the greatest beneficiaries won't be BIEL, but the American people. That's why I got involved in buying shares in BIEL, personal experience with a very badly sprained ankle my doctor thought at first was broken. I was, and still remain, amazed what ActiPatch did for me then and for my family since. The stupid thing is I have had to buy it from a college buddy up in Canada who sent me a few when I had the sprain.
Soooo, the timely announcement by the FDA and its proposal to create a new device category was not a company event related to the surge in price or volume? I disagree. I respectfully submit that if it had been a "group" as you suggest, they could have and would have and should have run it to 25 cents on the basis of the FDA new category proposal, thereby giving it the legs to run - that makes more sense to me! Or, a little breather down from .0084 to say .006 and then run it to 25 cents. It happened from .0002 to .129 in 2009 on a lot less good solid information.
you got it G-star US only consumes 80% of all analgesics in the world! If only smart Americans see that drug-free, side-effect free is the way to go, we're in good shape. Prospective investors, shareholders will understand - FDA approval combine with parented and OTC and do the math of the former and latter. I'm feeling comfortable for the first time in 2 years.
Congrats resolve - you get it as to the attributes of the BIEL opportunity. Please help out by having a chat with "bigpedal" (big-peadal - large of the feet). I put that one on ignore, as the constant bashing simply became boredom. Opinions are one thing, nuisance is anther. Thanks.
Thanks for the post yankee - I had skimmed this when it was first put on iHub and generally got the drift as great news for BIEL in its pursuit of re-classification and approvals to permit OTC sales in the US. You say "PERFECTLY" at the start of your post regarding the fit of BIEL with the new thinking of the FDA - I agree with your take!
From your post, it jogged me, so I went back for another look and here are the 3 points in the FDA release that I think are key to BIEL and its pursuit of OTC sales approval applications.
If they don't fairly represent the BIEL situation with unemotional fairness then nothing will. BIEL did not prepare and release this information, nor have I. Other shareholders or bashers here on iHub didn't either and it's not a biased PR from a paid agency. It's the real deal, the FDA talking and I applaud them for their obvious shift in thinking to actually promoting publicly that they now believe there are other ways to deal effectively with the epidemic of pain in our country, other than drugs. This is a huge shift in philosophy and can only benefit BIEL. I believe that any other take is based on greed, gross stupidity, or embittered past employees or previous investors who feel jilted. Tell me I'm wrong, seems to me that any naysayer to this logic is twisted by something and should be embarrassed to continue to bash the company that can bring relief to so may, including family members of the bashers! As to bashing for the sake of bashing, that was then, this is now. Thank you FDA! Takes a big person and a bigger group to admit their mistakes. The FDA has chosen the high road, admitting nothing, which only prolongs controversy, and is only moving forward and I am grateful.
Extract from FDA release:
• Using the agency’s expedited review programs to advance development of new non-opioid medications to treat pain with the goal of bringing new non- or less-abusable products to market.
• Working with other federal agencies and scientists to advance our understanding of the mechanisms for pain and how to treat it, including the search for new non-opioid medications for pain.
• Recommending that hydrocodone-containing combination products have additional restrictions on their use by rescheduling them from Schedule III to Schedule II.
END of extract - GO BIEL
Imagine this one on the payroll!
Thank goodness for small mercies. You have declared, "I think the fluff PR season is over".
Whew, a couple of hundred shareholders and many readers here would agree with your declaration, so there is no need for you to mention that oft-used part of your opinion stable ever again. Thank you for closing the door on that one!
Brilliant - looking forward......
You have friends and relatives with chronic pain, knees, back, shoulder, weekend sports, women suffering every month with severe pain and cramping. Chronic pain costs America Billions of dollars every year. Our quick solution was to mask pain with drugs every day, week, or month; pain was covered and we were left with terrible side-effects, time off from work and life and feeling ....drugged. Americans consume 80% of the world's pain drugs and many pain issues don't get better with age or drugs!
Here's the news America, there's a new sheriff in town. Help yourself, a relative, friend or co-worker and help America get clean of drugs for pain. ActiPatch from BioeElectronics, devices designed for specific body areas and ALLAY for millions of women with menstrual issues. FDA approved, easy to use, affordable for every American with pain issues.
We don't have to warn you about many dangerous side-effects you hear every day, there aren't any, unless you are pregnant and need to be cautious. Pay it forward, get two ActiPatches or ALLAYS and help someone close find freedom from drugs for pain with our patented, drug-free, side-effect free, pain management solution whose time has come! ActiPatch and ALLAY. Read more at B I E L Corp.com or visit these stores near you now, why wait and take more drugs for pain?
This ad could be cut down to 60 seconds - I'm looking forward to hearing it! Go BIEL
Thanks bieliever - key issue for me is that the trend is in the right direction - it's business now.
We know the IP is solid, pain-free, side-effect free products and 80% of global pain meds are consumed here in the America. BIEL has the potential to do a lot of good right at home. I am so encouraged the FDA was big enough to propose the new device category - it's huge. I also happen to think that ALLAY for severe menstrual cramping and pain is the dark horse for BIEL. How many women suffer every month in the US, does anyone know? Doesn't that make ALLAY a consumable? Month after month after month, drug-free pain management?
Thank you to you and Mary both for your kind words yankee.
Just trying to apply logic to deflect the nonsensical posts of others, as I see them. Perhaps they are the logical ones, but I don't think so and when I respond in that vein, as I do from time to time, it is only to negate the nonsensical and repetitive posts preceding mine, in the event newcomers are reading those posts and might not see the balance of various sides.
This is about business and I only see upside as to the potential of BIEL and think iHub provides us a unique opportunity to post differing views to achieve an appropriate balance. I find the constant bashing for the simplistic sake of bitterness or personal greed obnoxious, but also find it like a rudderless ship, one should be patient with. Thus, I use a gentle paddle to steer it with, rather than just bashing it over the head with it! I'm confident you get my drift. . . . Go BIEL!
And I believe BIEL will go to at least a dollar. Why?
Like you, just my personal opinion, plus facts:
Patented;
Drug-free;
Side-effect free;
Range of products from muscle, tissue and joint pain to severe menopausal aches and cramping, only a few billion candidates;
FDA proposes new category which will house BIEL application
Inexperienced management made mistakes in the past;
Management has been strengthened by appointment and experience;
Company and management wisely sold shares to stay alive - the challenge and the game.
My motives are two-fold; to make money and see a great product I have used personally approved as an OTC item so I can buy it here in New York.
Another scenario by someone else is only one of two possibles; to try and lower the price to a lower acquisition point, i.e. make money, or out of bitterness, one or the other, but not both.
My hidden agenda? To write of those two baseless motives. Good luck to us both.
Wrong Juba - bigfoot is a broker, but not a shareholder. He only pounds and bashes BIEL in the fervent hope that the price will drop so he can buy shares and catch a profit, with lessened risk because of the bashing and that can only be generated time and time again through volatility. No volatility, no movement, no profit.
Welcome, please keep posting whatever you know, whatever you find, whatever your opinion.
Rarely does one have such a wonderful opportunity.
Facts:
1 You do bash numerous times per day, over and over;
2 Your goal must be to lower the pps
3 Sales and revenues have not risen to profitable levels
4 Because the US market is the engine for any drug or device
5 OTC will prove much more profitable than Rx only
6 With your knowledge of after-hour order fulfillment you are a broker
7 Add #2 and #6, stir twice, set your watch and there you are!
8 Your post is tome-like without stating one fact
9 Therefor, as in Hamlet, bigfoot, she protesteth too much, methinks.
5 More Facts - drug-free, side-effect free, new FDA device category proposed, numerous products by BIEL, including ALLAY for menopausal cramping and pain (month after month after month for hundreds of millions of women, globally, BIEL is supporting its efforts by selling shares.
Any facts I missed? Reset your watch
Just catching up here deep, so forgive any repetition of answers.
I seem to recall and I don't know from where, but it was recently that it is not all UK stores. The wording was subtle - selected stores - a selected type of store or something like that. Sorry to be vague - just can't pull it. . .
I read it Mary thank you.
I guess, on balance, the last thing I would do if I were president of BIEL would be writing anything that has an odor of blaming the FDA or anyone else for anything. There is absolutely no need for anyone to be "right" here. The only thing important is obtaining approval for OTC sales and to do that, one had better go hat in hand and humble to the FDA. BIEL management and shareholders know first hand that arrogance and defiance do not work! So, if Whelan wants to get it right, the verbiage should be something like, "It was difficult to establish this or that', rather than. "the FDA couldn't do this or that". Stop blaming, you idiots, you will only end up piccing people off! Are you learning disabled? Leave your ego at the door, it has no place!
I feel better!!!
Should be at $.10 plus banana - it's absurd that BIEL has a cap of $12Million - read that number earlier in a post - totally nuts based on the facts
Yup 7up, bigfoot truly is the man - knows the processes over at FDA cold - the reach-out by FDA for comments to its suggestion of a new device category to house the BIEL products and those of other firms; the FDA suggestion that it may reach a decision in May; meaning that if positive BIEL may make application for OTC approval of its devices; then opines that it will reach a decision in 90 days and then and only then BIEL might be able to sell its product here in the USA for OTC sales by retailers.
But bigfoot has efficiently reduced all the FDA processes to Whelan announcing FDA approval today, cause he has set his watch by what Whelan does - yup, bigfoot is the man. Trouble is this is business, not daycare. I doubt he has any shares because why would he being doing what he is doing if he does. Makes no business or financial sense at all and why it reminds me of someone else who only wanted the ship to sink for personal grudge reasons.
Another good thing is I wonder if BigFoot isn't 'oodles' over BIEL and its share price success so far???
Busy setting his watch sausage
Annnnnd Pollux - print off a copy of supers post and mine (36005)advising you to protect yourself - those are date AND time stamped for posterity.
I can tell you there is a lot of horsepower amongst the good guys here and since you may have hit on what is essentially a 'combination drug' in the branded world, the amalgamation of two recognized products to form a 'new entity' there may be solid potential. The only thing is to CYA because this is now in the 'public domain'. Please take the advice you've been given, it is well intentioned and valid.
Mary, will you marry me?
On the day BIEL hits $.25?
If this went to over 12 cents on pure rumor, I can't see it not hitting $ .25 if the FDA approves it for OTC sales, notwithstanding the number of shares now versus 2009.
Drug-free, side-effect free pain management in the US means something very significant.
It's the Boots buyer, not BIEL - this is a good thing because each buyer is critiqued on performance and a big part of performance is open to buy allocations in dollars and being out of stock in the stores and distribution centers. Do it often enough and it's the kiss of death for a buyer, not the source!
Hey Pollux - The bieliever is definitely one of the good guys here. However, it's always good policy to 'send nothing to no one for nothing' - your idea indicates a fertile, imaginative and valuable mind!
Take your time, consolidate your ideas, refine them, refine them again, kick them up and down the stairs, write them down describing them in detail including various potential uses, throw the farm animals in as well, date them, then mail them individually to yourself by registered mail.
Then, and only then, share it with a lawyer you trust or a doctor or two you trust. Have them all execute a reciprocal non-disclosure agreement, always before discussing an idea with them, setting out the ideas from you to be discussed are yours and your alone in all aspects including IP (Intellectual Property) rights and commercial rights forever!
Despite the formality, they will still be honored that you approached them for their opinion.
Below quote is from the ActiPatch.com website.
Who cares specifically where the components are fabricated?
I hope business is such in the future that they have to make em in 3 countries to keep up. I say if you are selling your products globally there should not be prejudices about where you make your products. The days of isolationism are well over - look at the auto industry. Where would we be job-wise without the foreign corporations that have established production facilities here? In the toilet, that's where.
QUOTE
BioElectronics Corporation, headquartered in Frederick, Maryland, USA, is the developer and manufacturer of consumer medical devices that are designed to treat both acute and chronic pain using Pulsed Shortwave Therapy. Our vision is to provide our highly effective and safe pain relief innovation so people can live their lives pain-free.
It would seem your watch is going to continue to run behind again dude. It's BIEL time!
Mr. Sonny
The question is repeated for you so it's clear, who bought all those shares? Not kidding, who?
And she's easy on the eyes Super - don't need RecoveryRX to look at Christine - just sayin . . . . . Whelan is a maestro at recruiting in her case and she's very intelligent on top of being eye candy. I watched one of her interview tapes, very capable ambassador of BIEL.
You've got it entrepreneur - for that dude, negative attention is better than no attention at all. Sad.
So, sausage may well be correct. That would leave a lot of responsibility for the gyrations with the MM's. Now you're getting it bigfoot, well done. I must have missed your reply as to how many shares you hold, or are you too waiting for the stock to go down so you can get in then?
Great post BIELoney - I too am way up there in $$ invested, but also hopefully businesslike and factual in my reasons for remaining. You know my reasons, don't want to be overly repetitive. Just wanted to acknowledge your post, your DD and your assessment that there must be a plan. Wish I could say more than I have written, but it would be highly inappropriate.
So, $178K. I inferred from one of your posts that you either still hold stock, or you got back in at some point.
I'm sorry if you didn't buy back in triple zero land, perhaps you did, you're a very smart dude, but even here at these prices the math is not too bad. 5Milion at current price gets you well into the black at 4 cents for an outlay of <10% of your current loss position. I never chase, but with your knowledge of BIEL and its products, FDA proposed reclassification, etc., etc., etc., do you believe BIEL will reach higher than 4 cents if approved for OTC sales in the US. By the way, I can assure you there are good guys here who have a much higher exposure . . . . . and averaged down.
No - please read again - mad
Mad - may I ask how much you are out at this point? Allowing of course that whatever you lost is 100% loss and for different people that may represent different levels of pain, it is still a loss.
your Post 35588 - have a great weekend