Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Attorney Letter is an important step to 'Pink Current' status
Pink Current makes BIEL more attractive to new investors.
Also note that the Attorney Letter was dated May 11th. BIEL has been sitting on this filing for 2 weeks. Most likely timing the release until other news was ready.
BIEL 'Attorney Letter' on file with OTC Markets
As a result of the foregoing, we are of the opinion that:
1. The Disclosures constitute “ adequate current public information” concerning the Issuer’s
securities and the Issuer within the meaning of Rule 144(c)(2).
2. The Disclosures are “available” within the meaning of Rule 144(c)(2).
3. The Disclosures include all of the information that a broker-dealer would be required to
obtain from the Issuer to publish a quotation for the Issuer’s securities under Rule 15c2-11 under the Exchange Act.
4. The Disclosures comply as to form with OTC Markets Group’s Pink Basic Disclosure Guidelines for Providing Adequate Current Disclosure Statement.
5. The Disclosures have been posted through the OTC Disclosure & News Service.
https://www.otcmarkets.com/otcapi/company/financial-report/373623/content
17 million in Buys Knocks Out 4s
5s Printing
Buys = 17.8 million
Sells = 945k (891k @ 4)
LOL, Well over 100 Million Shares on the 3 Bid Size
Only problem is that only 70k shares actually got sold at 3 Today with a total volume of over 16 million shares. And those 70k shares were no doubt part of the 14 million shares that MMs sold short. BIEL shareholders are holding onto their shares.
Date .... Symbol .. Short vol .. Total vol
20230531 | BIEL | 14413312 | 16483303
BullShit, It is all confirmed on the ihub Trades Page
<<<<<<<<<< inaccuracies and misleading information >>>>>>>>>>
https://ih.advfn.com/stock-market/USOTC/bioelectronics-pk-BIEL/trades
So Much Painting I am Getting a Buzz from the Fumes
The 3 Close was caused by a 1,000 share Trade, a whopping 30 cent Trade.
MMs Bounced the Ask from 4 to 5 so that Five Buys at 4 would be recorded as 'Neutral' and not Buys:
2.332 million shares @ 1:38
5 million shares @ 12:45
5 million shares @ 12:22
387k shares @ 9:41
962k shares @ 9:36
There were over 17 million shares still available on the 4 Ask each time the MMs bumped the Ask up to 5 and each time the Ask dropped back to 4 after the Trades were complete.
The Non-Painted Tape Reads:
Buys at 4 = 16.4 million shares
Sells at 3 = 70k shares
99.5 Percent Buys at 4 .
The MMs hide their manipulation behind their 'Making a Market' mandate to create liquidity.
The SEC usually leaves them alone unless they do something outrageous or an insider blows the whistle on them.
The MMs only Shorted 1 million shares today, very low for BIEL, most days the Shorting is in the 50% plus range. They are supposed to hold an inventory of shares in all the companies they cover but that ties up money, easier to Short when they run out of shares. Traders Sell to and Buy from the MMs not other Traders.
20230530 | BIEL | 1004417 | 6874961
LOL, Pitiful 36,000 share Paint at 3:43 resulted in a 3 Close
That is a whopping $10.80 on a $2,577 dollar trading day.
Buys = 5.3 million shares, $2,148
Sells = 552k shares, $165
90% Buys Today
If BIEL is so close to death's door why aren't people selling at 3 ?
Only 489k sold at .0003 .
5.3 million in Buys at .0004 .
Our friendly MMs broke off two 37,500 chunks from .0004 Buy orders and sold them at .000375 , as well as 15k at .000335.
The largest .0003 Sell was for 300k shares for $90 .
All this Doom and Gloom Chatter, Buys over Sells 10 to 1
Buys = 5.2 million shares
Sells = 515k shares
Good Grief, Let's connect the dots
<<<<<<<<< most trading for the day are betting that the price is going down >>>>>>>>>>
A lot of Market speculation is guessing about what will happen or the ramifications of what just happened.
Yesterday we had FINRA statistics giving us a clear picture of what happened. The sellers of 97% of yesterday's Trades, Market Makers, did not own the shares that they sold.
Any stock on the planet would see their SP drop if 97% of their Trades were Naked Shorting.
MMs are not just "betting the price is going down" They are Shorting to Drive the SP Down, a Self Fulfilling Prophecy.
Wednesday the 24th with Shorting at only 2.8 million shares out of a 10.2 million share total volume BIEL moved up from 4 up to 5.
Let's look at the Tape to see what transpired today
Buys = 15.1 million shares
Sells = 540k shares
At the last Trade there were 119 million shares on the Bid Size and 34 million shares on the Ask Size.
The last two Trades of the day executed at .00035 . Retail Traders can't enter an order for 5 digits to the right of the decimal point. So these were either .0004 Buy orders that an MM filled at .00035 or it was Broker/Dealers trading between themselves. Either way the last two trades were manipulated to Paint the Tape as today was totally dominated by Buyers.
Thanks for bringing up the subject art
Most importantly we need to look at Thursday's Trading to see how the 4Bid/5Ask, which has been pretty stable for weeks, was dropped to a 3Bid/4Ask.
Total volume on Thursday was 21.450 million shares of which our MMs felt the need to Short 20.844 million shares. This means only 606k shares, of that 21.450 million in trades, were actually backed by real shares.
97 percent of yesterday's trading was Shorting. Along with the 37 trades, at 4.999 shares per Trade, to Sell $61 of stock. Is anyone surprised that this manipulation resulted in the drop to 3/4 ?
The STADA Deal was confirmed in a COB Letter and posted on the ActiPatch website dated 2/28/2022
The first new order comes from Stada MENA DWC-LLC. It will be distributing ActiPatch in Bahrain and the Kingdom of Saudi Arabia. Erin Sanders, International Sales Manager for BioElectronics, said, “After lengthy negotiations and delays due to Covid, I am pleased to close the contract and bring on this well qualified and capable distribution partner.”
https://www.actipatch.com/why-actipatch/actipatch-news/
The BIEL COB Dr Staelin and Erin Sanders, Sales Manager, says it is true. An anonymous message board poster says it "never happened".
If anyone has proof that BIEL's statement is not true they should contact the SEC, otherwise it is just an Opinion.
Yes sir pinhigh, the Chronic Pain Market is becoming very popular
I ran across this, Wellness Pro Plus, glorified TENS device yesterday selling for $3995. It is being marketed primarily to doctors/clinics with claims that Medicare Codes G3002 & G3003 can be used for reimbursement, $80+ per 30 minute session for pain relief.
https://electromedtech.com/
I am sorry but that is off the charts
<<<<<<<<<< I hope like everyone here, that Adcock bought a lot of product, >>>>>>>>>>
Dozens of posts a day regarding BIEL being "Doomed", "a Scam", "Worthless Gizmo". It is a minority opinion but a vocal minority.
What drives Sales if there is no promotion?
<<<<<<< Adcock has been selling the product for a couple of years now. I know that the "campaign" was only recently launched, but they have been selling for a while.>>>>>>>
What drives Sales if there is no promotion. This is especially critical when you are trying to sell a technology that few of your potential customers have ever heard of. Customer education, like we have seen from Adcock Ingram over the last couple of weeks, is essential.
Actually it is STADA
Some had similar opinions on Adcock Ingram taking too long to launch ActiPatch in South Africa, but it is now a reality. In business, as in life in general, things do not always proceed as originally planned.
#313720 5/10/2023
Adcock Ingram, Patience is Rewarded
Adcock Ingram first showed up on the BIEL radar in a November 2020 Chairman Letter.
"Two other firms have also placed orders to sell our device in the domestic OTC market. However, they have yet to distribute their products into retail and thus we are not able to identify them. With this noted, both will be receiving delivery of units in December and thus we anticipate booking sales to these customers in fourth quarter 2020. (These two customers anticipate selling into their retail markets in first quarter 2021.) Internationally, we landed a contract with Adcock, a large firm in South Africa. Adcock is now in the process of registering the product and first sales to them should occur in early 2021."
It took 2 and a half years for Adcock to fully engage in ActiPatch promotions but we now have South African TV commercials touting the advantages of ActiPatch.
There was a once in one hundred years, worldwide pandemic during this period but nobody likes excuses, right.
The next time complaints are voiced about how long Synergy or SAI have been in a holding pattern remember the Adcock Ingram story.
Welcome to the Dog and Pony Show, Sponsored by your friendly MMs
37 Trades over 5 minutes, all Sells @ .000335 , each with a 4999 or 4998 share size. A total of 185k shares, with a value of $62, strung out to throw lots of Red Ink on the tape and scare shareholders.
https://ih.advfn.com/stock-market/USOTC/bioelectronics-pk-BIEL/trades
Question, was that "Trinket" an FDA Cleared Medical Device or a Wellness Product?
<<<<< stupid trinket that I bought online for brucitis, trinket did not do a thing >>>>>
As I am sure you are aware ActiPatch is a FDA Cleared Medical Device cleared for use of Pain Relief on the entire Musculoskeletal System.
III. General Wellness Products
A general wellness product, for the purposes of this guidance, has (1) an intended use that
relates to maintaining or encouraging a general state of health or a healthy activity, or (2) an
intended use that relates the role of healthy lifestyle with helping to reduce the risk or impact
of certain chronic diseases or conditions and where it is well understood and accepted that
healthy lifestyle choices may play an important role in health outcomes for the disease or
condition.
If the product’s intended uses are not limited to the above general wellness intended uses,
this guidance does not apply.
The first category of general wellness intended uses involve claims about sustaining or
offering general improvement to functions associated with a general state of health that do
not make any reference to diseases or conditions. For the purposes of this guidance, this
first category of general wellness claims relate to:
· weight management,
· physical fitness, including products intended for recreational use,
· relaxation or stress management,
· mental acuity,
· self-esteem (e.g., devices with a cosmetic function that make claims related only to
self-esteem),
· sleep management, or
· sexual function.
That is a bit naive, since when has "Legal' stopped a business/person from obtaining information for financial benefit
<<<<<<<<<<< no legal way a MM could know there was news coming >>>>>>>>>>>>
"Sources" are common in all aspects of an economy. It's all about the Money and staying a step ahead of the competition.
Ask Martha Stewart.
Even BIEL had its own insider scandal.
SEC Files Multiple Insider Trading Actions Originating from the Market Abuse Unit's Analysis and Detection Center
FOR IMMEDIATE RELEASE
2022-129
Washington D.C., July 25, 2022 —
The Securities and Exchange Commission today filed insider trading charges against nine individuals in connection with three separate alleged schemes that together yielded more than $6.8 million in ill-gotten gains. Those charged include a former chief information security officer (CISO), an investment banker, and a former FBI trainee, all of whom allegedly shared confidential information with their friends, who then traded on that confidential information. Each of the three actions announced today originated from the SEC Enforcement Division’s Market Abuse Unit’s (MAU) Analysis and Detection Center, which uses data analysis tools to detect suspicious trading patterns.
The SEC's enforcement actions were filed in federal district court in Manhattan, and in each case the U.S. Attorney's Office for the Southern District of New York today announced parallel criminal charges.
"If everyday investors think that the market is rigged at their expense in favor of insiders who abuse their positions, they are not going to invest their hard earned money in the markets," said Gurbir S. Grewal, Director of the SEC's Enforcement Division. "But as today's actions show, we stand ready to leverage all of our expertise and tools to root out misconduct and to hold bad actors accountable no matter the industry or profession. That's what’s required to restore investor trust and confidence."
The SEC’s complaints charge all nine defendants with violating the antifraud provisions of the securities laws and seek permanent injunctive relief, disgorgement with prejudgment interest, and civil penalties. In all three cases, the SEC’s investigation is ongoing.
Chief Information Security Officer Tipped Friends
In one action, the SEC alleges that Amit Bhardwaj, the former CISO of Lumentum Holdings Inc., and his friends, Dhirenkumar Patel, Srinivasa Kakkera, Abbas Saeedi, and Ramesh Chitor, traded ahead of two corporate acquisition announcements by Lumentum, thereby generating more than $5.2 million in illicit profits.
The SEC’s complaint alleges that, through his work at Lumentum, Bhardwaj learned material nonpublic information (MNPI) about the company’s plans to first acquire Coherent, Inc. and later acquire NeoPhotonics Corporation. Based on this MNPI, Bhardwaj allegedly purchased Coherent securities ahead of the January 2021 announcement of Lumentum’s agreement to acquire Coherent and tipped his friend Patel, with the understanding that Patel would later share some of his ill-gotten gains. The SEC further alleges that, during October 2021, Bhardwaj shared MNPI about Lumentum’s planned acquisition of NeoPhotonics with his friends Kakkera, Saeedi, and Chitor, who then amassed large positions of NeoPhotonics based on Bhardwaj’s tips. After the November 2021 announcement of the NeoPhotonics acquisition, Chitor indirectly transferred funds to Bhardwaj’s relative in India, as instructed by Bhardwaj.
In addition to the relief described above, the SEC’s complaint seeks disgorgement of illicit profits with prejudgment interest from relief defendants Gauri Salwan, the Kakkera Family Trust, All US Tacos Inc., and Janya Saeedi. The case was investigated by Ann Marie Preissler, Joshua Geller, John Rymas, and Simona Suh of the MAU, and by Elzbieta Wraga of the New York Regional Office (NYRO). Ms. Preissler, Mr. Geller, and Ms. Suh will lead the SEC’s litigation.
Investment Banker Tipped Friend
In another action, the SEC alleges insider trading by investment banker Brijesh Goel and his friend Akshay Niranjan, who was a foreign exchange trader at a large financial institution. The SEC alleges that the two men, close friends from business school, made more than $275,000 from illegally trading ahead of four acquisition announcements in 2017 that Goel learned about through his employment. The complaint further alleges Niranjan purchased call options on the target companies and later wired Goel $85,000 for Goel’s share of the proceeds.
The case was investigated by Andrew Palid, David Makol, and Michele T. Perillo of the MAU, and by Chip Harper of the Boston Regional Office (BRO). Messrs. Harper and Palid along with Amy Burkart from BRO will lead the SEC’s litigation.
Former FBI Trainee Tipped Friend
Finally, in a third action, the SEC alleges that Seth Markin, a former FBI trainee, and his friend Brandon Wong made approximately $82,000 and $1.3 million, respectively, from illegally trading ahead of the February 2021 announcement of a tender offer by Merck & Co., Inc., to acquire Pandion Therapeutics, Inc. The SEC’s complaint alleges that Markin secretly reviewed the binder of deal documents about the planned tender offer from his then-romantic partner, who worked as an associate for a law firm representing Merck on the deal, traded on the MNPI, and tipped his close friend Wong. The complaint alleges that, after the announcement, Wong bought Markin a Rolex watch to thank him for the tip.
Going out on a limb here, may be due to the fact that a cell phone is designed for communication and ActiPatch is designed for pain relief.
<<<<<<<<<<< never heard of a cell phone helping with pain >>>>>>>>>>>
You did read the part where ActiPatch operates at 27 megahertz vs a cell phone's gigahertz frequency, right?
The ActiPatch pulsed 27 MHz signal has been shown to have a biological effect on soft tissue cells up to 6 centimeters (2.3") deep in laboratory testing.
Amazon has a "Verified Purchase" designation on their Reviews
This confirms that reviews are written by actual users of the product
5.0 out of 5 stars Great product
Reviewed in the United States on September 19, 2022
Verified Purchase
NSAIDs are restricted for me because of heart meds. Creams work only briefly. My wife got an Actipatch from a friend in Canada before they were available in the US and she recommended it. I bought one on Amazon and wow, lower back pain reduced to a minimum and upper back pain from arthritis GONE. The one from Canada finally wore out so we will buy another from Amazon. Well worth every penny.
ActiPatch on Amazon currently has a 60% 5 Star and 12% 4 Star rating on 424 total reviews.
The KT Wave has a 58% 5 Star and a 14% 4 Star rating on 844 total reviews.
Yes, the last thing one would want to do is place a device producing Radio Frequency Radiation against their head
<<<<<< Your head would be the last place you would want stray radiated power >>>>>>
Only about 6 billion people do that every day when they use their cell phone which emits many times more RFR energy than an ActiPatch at a more dangerous frequency in the gigahertz range vs Actipatch's 27 megahertz.
More demand on the 4 Bid than on the 5 Ask
Bid Size = 37.4 million shares
Ask Size = 32.2 million shares
On Thursday of last week:
Bid Size = 5.01 million shares
Ask Size = 27.9 million shares
For those interested in who BIEL's MMs are here are 3 of the biggest, probably many more on the OTC Markets list of Broker/Dealers. A MM is a Broker/Dealer who commits to always posting a Bid and Ask Price for the stocks it handles creating liquidity for the stock.
https://www.otcmarkets.com/market-activity/broker-dealer-data
Citadel (one of the largest Market Makers handling over 8,800 Securities)
131 South Deerborn St.
Chicago, IL 60603
CURRENT SECURITY LIST
........................SYMBOL .......COMPANY .............TIER .........SECURITY TYPE .. COUNTRY
Limited Information IconBICEF BIC STEC ORD Pink Limited Ordinary Shares FRA
Limited Information IconBICEY BIC SA UNSP/ADR Pink Limited American Depository Receipts FRA
Pink Open Market LogoBICTF BIOCURE TECHNOLOGY INC Pink Current Ordinary Shares CAN
OTCQB Venture Market LogoBICX BIOCORRX INC NEW OTCQB Common Stock USA
OTCQB Venture Market LogoBIDCF BLOCKCHAINK2 CORP OTCQB Ordinary Shares CAN
Pink Open Market LogoBIEI PREMIER BIOMEDICAL INC Pink Current Common Stock USA
Limited Information IconBIEL BIOELECTRONICS CORP Pink Limited Common Stock USA
Caveat Emptor IconBIGG BIG TREE GROUP INC Expert Market Common Stock USA
Pink Open Market LogoBIIAF BUHLER INDS INC A Pink Current Ordinary Shares CAN
Caveat Emptor IconBIIO BIONOVATE TECHNOLOGIES Expert Market Common Stock USA
Caveat Emptor IconBIMO BIONEUTRA INTL LTD Pink Limited Common Stock USA
Expert Market IconBINP BIONOID PHARMA INC Expert Market Common Stock USA
OTCQB Venture Market LogoBIOAF BIOASIS TECHNOLOGIES INC OTCQB Ordinary Shares CAN
********************************************************************************************************
StoneX Financial Inc. (one of the largest Market Makers handling over 8,700 Securities)
329 Park Avenue North
Suite 350
Winter Park, FL 32789
708 Third Ave.
7th Fl.
New York, NY 10017
CURRENT SECURITY LIST
......................SYMBOL ...... COMPANY ............ TIER .........SECURITY TYPE ..COUNTRY
Limited Information IconBICEY BIC SA UNSP/ADR Pink Limited American Depository Receipts FRA
Pink Open Market LogoBICTF BIOCURE TECHNOLOGY INC Pink Current Ordinary Shares CAN
OTCQB Venture Market LogoBICX BIOCORRX INC NEW OTCQB Common Stock USA
OTCQB Venture Market LogoBIDCF BLOCKCHAINK2 CORP OTCQB Ordinary Shares CAN
Pink Open Market LogoBIEI PREMIER BIOMEDICAL INC Pink Current Common Stock USA
Limited Information IconBIEL BIOELECTRONICS CORP Pink Limited Common Stock USA
Pink Open Market LogoBIIAF BUHLER INDS INC A Pink Current Ordinary Shares CAN
Caveat Emptor IconBIMO BIONEUTRA INTL LTD Pink Limited Common Stock USA
OTCQB Venture Market LogoBIOAF BIOASIS TECHNOLOGIES INC OTCQB Ordinary Shares CAN
Pink Open Market LogoBIOE BIO ESSENCE CORP Pink Current Common Stock USA
OTCQB Venture Market LogoBIOF BLUE BIOFUELS INC OTCQB Common Stock USA
*******************************************************************************************************
CANACCORD GENUITY LLC. (one of the largest Market Makers handling over 6,700 Securities)
535 Madison Ave.
14th Fl.
New York, NY 10022
CURRENT SECURITY LIST
.......................SYMBOL ..........COMPANY .........TIER .........SECURITY TYPE ... COUNTRY
Pink Open Market LogoBICB BIOCUBE INC Pink Current Common Stock USA
Limited Information IconBICEF BIC STEC ORD Pink Limited Ordinary Shares FRA
Limited Information IconBICEY BIC SA UNSP/ADR Pink Limited American Depository Receipts FRA
Pink Open Market LogoBICTF BIOCURE TECHNOLOGY INC Pink Current Ordinary Shares CAN
OTCQB Venture Market LogoBIDCF BLOCKCHAINK2 CORP OTCQB Ordinary Shares CAN
Pink Open Market LogoBIEI PREMIER BIOMEDICAL INC Pink Current Common Stock USA
Limited Information IconBIEL BIOELECTRONICS CORP Pink Limited Common Stock USA
Pink Open Market LogoBIIAF BUHLER INDS INC A Pink Current Ordinary Shares CAN
Pink Open Market LogoBILBF KINOVO PLC Pink Current Ordinary Shares GBR
Caveat Emptor IconBIMO BIONEUTRA INTL LTD Pink Limited Common Stock USA
Pink Open Market LogoBIMT BITMIS CORP Pink Current Common Stock USA
When I see a Bald Face Lie, being repeated again and again, I try to speak out against it
If it bothers some please, by all means, place me on 'Ignore'.
The statement that "BIEL has no Market Maker" is False, It's an opinion with no supporting facts meant to scare investors
Common sense and the evidence I provided shows that all OTC companies have Market Makers, including BIEL.
I will take the opinion of a Securities Lawyer over an anonymous message board poster any day of the week.
https://www.securitieslawyer101.com/2018/sponsoring-market-maker-211-15c-211/
Wrong Again
<<<<<<<<<< OTC is builtin board and the rules are different. >>>>>>>>>>>
My first paragraph was shortened to stay on the "only one 211 Filing is needed" subject.
The full paragraph reads,
"Market Makers play a critical role in the going public process when compiling information required by Rule 15c-211 and submitting the Form 211. The last step in a going public transaction is for the soon-to-be-public company to locate its sponsoring market maker for its Form 211. In order to obtain a ticker symbol, the company must be listed on a national securities exchange or qualify for quotation on the OTC Markets’ Pink Sheets, OTCQB, or OTCQX markets."
And this paragraph is also in the article,
FINRA Comment Process in Going Public Transactions
"Once the market maker has submitted the Form 211, FINRA may render comments to the application. The sponsoring market maker and the company must respond to these comments. Once FINRA is satisfied that the disclosures satisfy the requirements of Rule 15c2-11, a trading symbol is assigned and the market maker can quote the company’s securities. Once this occurs, the securities can be quoted on the OTCMarkets platform and investors can purchase them through their brokers."
https://www.securitieslawyer101.com/2018/sponsoring-market-maker-211-15c-211/
Every OTC Company has a Market Maker. 10 second Trading times do not happen without a Market Maker selling to you when you want to Buy and buying from you when you want to Sell.
Still not comprehending the FINRA Sponsoring Market Maker Rules
"Market Makers play a critical role in the going public process when compiling information required by Rule 15c-211 and submitting the Form 211. The last step in a going public transaction is for the soon-to-be-public company to locate its sponsoring market maker for its Form 211."
" a market maker must file a Form 211 pursuant to Rule 15c-211 with the Finance Industry Regulatory Authority (“FINRA”)."
"Only a market maker can file a Form 211 with FINRA to obtain a ticker symbol assignment."
What is a Market Maker?
"A market maker is a FINRA registered broker-dealer firm that accepts the risk of holding a certain number of shares of a particular security in order to facilitate trading in that security. ." ( as in a company can't trade on the OTC Markets without a Market Maker to "facilitate trading", you 'Buy From' and 'Sell To' a Market Maker on the OTC not other investors )
Form 211 Exclusivity Period for Sponsoring Market Maker
"For the first 30 days after a ticker assignment in a going public transaction, only the sponsoring market maker who filed the Form 211 can publish quotes of the company’s securities. After he has done so for at least 30 days, other market makers can “piggyback,” publishing their own quotations." ( "piggyback", as in all MMs that want to trade a stock that has already gone through the Sponsoring Form 211 process can freely trade in that stock after the 30 day Exclusive Period without filing a new Form 211 because the stock now has a "Ticker Symbol" and has met the OTC requirements with the Sponsor's 211 Filing )
Not "Emergency" but Pending News/PR
911 – Pending News/Press Release On The Way
What does the Market Maker Code 911 Mean? The market maker code 911 is an indicator to look out for because it tells investors that a pending news release or press release may be on the way.
When used on its own, this signal has no bearing on the stock price but can help you decide if you want to hold or sell your current position.
If you are looking to profit from the stock, you may want to sell out before the news comes out if you anticipate bad news.
However, if you anticipate good news from the company, this may indicate you are willing to take the risk and hold your shares, awaiting the potential upcoming news release.
Another attempt to scare shareholders, just like the BS "BIEL has no MMs" claim
4/13 "there have been no MM's in this stock since 30 days after they went public"
5/5 "First off there are no Market Makers for this stock. The original MM when the stock went public, which under the rules of that time, were the ONLY people ho could make a market in the stock for 30 days, as reward for filing the 15c2-11. Since then, nearly 19 years there has been NONE."
Anyone who would spout this BS is either purposely trying to deceive or they do not understand how the OTC Markets work.
The initial Market Maker sponsoring a new stock on the OTC Markets has to file a form with the OTC. The original MM gets a 30 day exclusive for the new stock. After that 30 days any of the other 90 Market Makers on the OTC can trade the new stock with no new filings.
Not hard to understand if one reads the OTC rules.
KT Wave currently #63 on Amazon, Fantasy Sales-Track Wrong Again
Tuesday 5/16 - "KT-Recovery+Wave is #90 on Amazon muscle stimulators"
The Wave up 27 places in 3 days sure looks like a Sales Boom.
Go KT Tape !!
Go BIEL !!!
I am sure that BIEL would have much rather had the business that was lost/delayed, due to Covid, than that Pandemic Loan
The delay of the US SAI Launch alone cost BIEL over $500k in revenue. SAI was all set to go in March of 2021. Cut Sheets, 10 different products all Powered by ActiPatch, Store Planograms showing 54 ActiPatch Devices would be needed for each store stocking the full line, and then everything was placed on hold.
SAI did do an online Launch in Canada with a handful of stores but we still wait on the US.
* Lower Back Wrap
* Shoulder Wrap
* Compression Knee Sleeve
* Compression Ankle Support
* Plantar-Fasciitis Support
* Compression Wrist Support
* Compression Elbow Support
* Replacement 720 Hour Device
* 7 Day Trial Device
* Kinesiology Tape with ActiPatch Device
A wide range of products for everyone with Musculoskeletal Pain, all retaining the ActiPatch Name.
Links to images of the SAI Launch material:
https://imgur.com/a/y4t1Zdh
https://imgur.com/a/sxHvVIz
https://imgur.com/a/m4iySis
https://imgur.com/a/N3GA6Wj
https://imgur.com/a/xeoTjm5
https://imgur.com/a/fuarFfh
Must be looking at the wrong stock
<<<<<<<<<<< Absolute DUMPING today >>>>>>>>>>>>>>
Buys = 5.2 million shares
Sells = 2.8 million shares
Yes Dr Staelin is a "very smart man"
With his $450k in loans in 2022, with no conversion option, he has well over a million $$$$ invested in BIEL.
In his position as Chairman of the Board he is one of 3 people who know exactly what is going on at BIEL.
Q4 has always been rolled into the EOY Financial Statement
Look at the filing history on the OTC site and see if you find a separate Q4 Filing for BIEL.
Hmmmm, Macroaxis said Sony had a 78% chance of BK in 2013
That call did not work out to well did it.
Sony is Likely to Go Bankrupt According to Macroaxis
DECEMBER 30, 2013 BY JONATHAN LEACK
"Macroaxis, a popular online tool used for investment purposes, says that there’s a probability of 78.49% that Sony will go bankrupt within the next 24 months. The site indicates that the Japanese company has a high chance of facing financial distress given the current outlook."
https://www.mandatory.com/culture/623663-sony-is-likely-to-go-bankrupt-according-to-macroaxis
A lot of time and energy has been expended to portray BIEL as a "scam" and the ActiPatch as a novelty "gizmo"
And now the patents for this "gizmo" are like gold that will be worth millions.
Seems like a severe disconnect in the narrative.
Who is going to pay millions for patents to a "gizmo"?
Can't have it both ways.
Stock Market 101 is now in session
Rule # 1 - Read the Financial Statement
Rule # 2 - See Rule #1
"According to the original Security Agreement dated August 1, 2009, the Company grants IBEX a security interest in, all of the right, title, and interest of the Company, in and to all of the Company’s personal property and intellectual property, and all proceeds or replacements as collateral for the convertible promissory note agreements. The Security Agreement has been subordinated to the EX-IM Bank."
Page #16 of the 2022 Financial Statement
"According to the original Security Agreement dated August 1, 2009, the Company grants IBEX a security interest in, all of the right, title, and interest of the Company, in and to all of the Company’s personal property and intellectual property, and all proceeds or replacements as collateral for the convertible promissory note agreements. The Security Agreement has been subordinated to the EX-IM Bank."
Page #16 of the 2021 Financial Statement
"According to the original Security Agreement dated August 1, 2009, the Company grants IBEX a security interest in, all of the right, title, and interest of the Company, in and to all of the Company’s personal property and intellectual property, and all proceeds or replacements as collateral for the convertible promissory note agreements. The Security Agreement has been subordinated to the EX-IM Bank."
Page #16 of the 2020 Financial Statement
"According to the original Security Agreement dated August 1, 2009, the Company grants IBEX a security interest in, all of the right, title, and interest of the Company, in and to all of the Company’s personal property and intellectual property, and all proceeds or replacements as collateral for the convertible promissory note agreements. The Security Agreement has been subordinated to the EX-IM Bank."
Page #14 of the 2019 Financial Statement
"According to the original Security Agreement dated August 1, 2009, the Company grants IBEX a security interest in, all of the right, title, and interest of the Company, in and to all of the Company’s personal property and intellectual property, and all proceeds or replacements as collateral for the convertible promissory note agreements. The Security Agreement has been subordinated to the EX-IM Bank."
Page # 14 & 15 of the 2018 Financial Statement