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Where are your purchases? Volume is 0.
Take a look at BIEL's list of distributors :
http://www.bielcorp.com/distributors/
Products are available worldwide now....BIEL is a money looser because demand is very weak. People are just not interested in these products.
BIEL has a serious demand problem. Recent news about Canada and Germany has left most people thinking that BIEL is entering these countries for the first time....and BIEL will be profitable in Q1 as a result of entering these new, large markets.
Unfortunately, BIEL has always been in Canada and Germany. BIEL is not entering these countries for the first time and hence there will be no bump in revenue from these 'new' Canadian and German sales.
BIEL has always been in Canada and Germany....unfortunately, sales have been very weak due to lack of demand.
'The float is perfect!'
Remember, management only stated the float will remain the same until the end of 2015. After this point, dilution is fair game.
There are no cards.....where is your proof?
"So, I don't expect the clearance to take place before Q2 2016."
Interesting...during the conference call, the CEO boldly stated there is no reason for approval not to be granted by the end of 2015. So, obviously he lied and can't be trusted.
"$NWAV initial 1000 cards from MasterCard in hand an API testing in progress."
Now how do you know this?
"FDA is Coming !! "
Nope...FDA rejected BIEL....then management increased the float to a massive 15 billion..and increase of 4 billion shares....with management waiting to dump 4 billion shares, the average investor is screwed big time.
".maybe you missed the run from 15 to 30? "
Maybe you missed the 99% decline after the split...that management promised wont happen.
"I think this was the shake down"
A shake down? People sold because word is getting out that management is playing the same scam again.
Where is the card? Where are the promised details on those 4000+ retailers? Where are the supposed Hollywood endorsements?
The company is a scam...there is no card coming....hence the sell off
"Sales now commencing in Germany, and are expanding in Canada"
Nope...according to BIEL, the products have been available in Germany all along. Despite the German presence, sales are still weak.
Same for Canada, there is no new expansion into Canada....products have already been available in Canada...
Folks, BIEL has never has a distribution problem....the products are already available in Germany, Canada and lots of other countries...the problem is one of demand....demand has always been weak and insufficient to break even. How is this going to change?
People seem happy that BIEL is supposedly expanding to Germany and Canada....take a look at BIEL's Ihub page...BIEL is supposedly already in Canada and all of Europe.
There is nothing new here....folks, BIEL's products have been in Canada and Germany all along.
Despite this, sales are weak...BIEL is not expanding into any new countries, so why will there be a bump in sales?
Well, reading many of the posts, it seems people have come to the realization that management is scamming investors again.
Where is the card? Just like last time, management is filling investors with false promises and hype.
Folks, like last year...like Cannabis Card...like Servenation...there is no card coming.
Remember, management only stated no dilution until the end of 2015....folks look for massive dilution. Once everyone realizes this is a scam, management will need to offload shares quickly.
The game is up....NWAV is done.
There is no card.....
"Wow. Smelling profit. "
Profit? From the last report, net loss massively increased! With an uptick in sales, the opposite should have happened.
"Driving price down for big buyers ? Puma?"
Looks like stock dilution has begun again.......look for this thing to be diluted into oblivion, just like before......
Folks....dilution has begun, yet again....
What a crap update.....no mention of the FDA, because BIEL has 4 billion more shares to dump and they are sitting on the rejection letter.
NWAV down big today! Still no launch date.....because there is no card coming! Investors are getting screwed yet again.
NWAV is down big today.....
This news is meaningless and should be read with skepticism.
There seems to be a lot of interest for a product that does not even exist.
Where are the details on those 4000+ retailers?
Take a look at the stock, these fluff press releases don't work anymore. I think the scam is up....investors are no longer believing the hype. Same thing happened last year...lots of hype, lots of fluff...but nothing real...eventually, the stock was diluted to oblivion followed by a massive reverse split.
"FUNNY for three years post have been claiming a RS never happened with Biel stock HUMMMM GEEEEEEZ LMAO"
Funny...in the last three years BIEL has dropped 99% and seen the share count massively increase.....this is far worse than a reverse split.
NWAV is done....the scam is up.
No launch date...no details on those supposed 4000+ retailers....nothing.
"FDA COMING VERY SOON!! 2016 YEAR of BIEL!!!"
It appears that management deliberately mislead shareholders when the CEO firmly stated there was 'no reason' why the FDA won't approve by the end of the year. At the same time, management increased the share count by a massive 35%.
There is no FDA coming. If the FDA were coming, there would be no need to increase the share count. Remember, shareholders were told of a massive $50 million deal that is waiting for FDA approval. With $50 million waiting patiently on the sidelines, there would be no need to increase the share count once the FDA approves.
BIEL's increase in the share count is a clear sign of FDA rejection. However, management will no admit this as they have 4 billion shares to dump.
Wow...BIEL down 20% today. Looks like management is starting off the new year by dumping some of those additional 4 billion shares.
Obviously, they know the FDA rejected their application...hence the dumping right now. If BIEL thought they were going to get FDA approval, they would certainly not dump right now.
LOL....BIEL increased the authorized share count for one reason...to dilute the float and dump more shares.
4 billion additional shares will dilute the float by 36%! So, expect the value of your BIEL holding to decline by this amount.
Folks, this a clear sign that no FDA approval is coming. No profitability is coming. BIEL is acknowledging weak revenue by increasing the share count by such a large amount. BIEL now has an additional 4 billion shares to dump.....this is not good.
"JUST MORE BS that is why Boots, Amazon, Lloyds, Costco, Gordons, all are selling Biel Products GEEEEEEEEZA"
All these big names selling BIEL products....yet BIEL is still loosing money and the net losses is increasing. Think about it....the net loss should be narrowing with all this increased revenue, but the opposite is happening....things are getting worse!
"The cash flow in 2016 will eat multiples of the 15 billion shares at current price.
With exponential growth in international sale and a piece of cake FDA clearance in 2016, share buyback can be easily implemented. 2016 is Biel's year. "
Then why the need to increase the authorized share count and dilute the float? If BIEL is expected to make lots of money...then why does the company need to see more shares?
BIEL is not going to buyback any shares...BIEL is preparing to sell 4 billion more. BIEL is selling shares...not buying anything.
"Happy 2016... I Hope Mark Will Deliver on Monday and Makes US Happier Investors...."
Friend, the company is a share selling scam....there is no launch date, because no actual product is coming
"Company's go public to help expand and the expansion here with BIEL, really beginning Jan 1, 2016 will be phenomenal with all the major players getting on board."
This is not true. Over the years, BIEL has announced many 'major' distribution deals....the problem is lack of demand, there simply were not enough interested buyers.....no one wants this junk.
"$NWAV January = GREEN"
Why? There is no product, no revenue and no launch date. Management will dilute the stock soon (remember management promised no dilution only to the end of 2015).
Dilution is coming..actual products and revenues are not coming.....eventually there will be another massive reverse split and change in the ticker symbol.
Folks, it should be very obvious, by now, that the FDA rejected BIEL...and management has been notified of the rejection.
Management recently increased the authorized share count by 4 billion to a massive 15 billion....if there was any hint on FDA approval and subsequent increased revenue from the US market....there would be no need to increase the share count by such a significant amount. Management will eventually dump 4 billion new shares....that's a lot...too much!
"Happy New Year $NWAV!!! Some great stuff coming our way in 2016!!! Updates after the holiday!"
LOL....this company is good as this. Nice flashy headlines that promise details...but the details never come
Well, there is no launch date....management promised a launch date by year end.
The stock will fall....all the press releases are fluff, without detail or substance.
Where are the details on those 4000+ retailers....plus the Hollywood endorsements mentioned in the conference call?
It's the end of the year.....can someone please send a link to the FDA approval announcement? The CEO firmly stated approval by year end, but I do not see the press release. Can someone please send a link?
Why is BIEL trading lower today? Today, according to the CEO, is FDA approval day......
When is the FDA decision coming out today?
Is today the day?
The CEO firmly stated FDA approval by the end of the year....he said there is no reason for the FDA to not approve by the end of the year. So, will FDA approval come today?
Also, why the recent increase in the authorized share count by 4 billion shares? If the FDA is coming and big deals will follow soon after...why the need to massively increase the authorized share count?
"I doubt there will be a reverse split. However he may issue shares to help launch the fuelcard. Mark kept his word about the company's SS for 2015."
Is this the same management team who promised no reverse split until stable revenues were achieved....then went through with a massive reverse split that wiped out lots of shareholders?
There is no product, no launch date....all the recent PRs are simply hype. The PR's and Twitter post promise details....but actually deliver nothing. Where are the details on the supposed 4000+ retailers?
"Time has run out for the stock. USEI has no place to go but south"
Time ran out a long time ago for this pump and dump scam.
"CEO Scott Gallagher you posted here before as the CEO of SEEK.
What happened?"
Simple....the company is a scam. What do you expect the CEO to say?
This is meaningless.
This management team simply pumps out short one-liners without any detail. Where are the promised details on the 1000+ retailers, that swarmed to 4000+ retailers in a week?
Where is the launch date?
This company is a scam....no details on anything...just hype. Look for massive share dilution followed by another reverse split.
"Where is that FDA-approval? "
Isn't this coming tomorrow....according to the CEO there is no reason why approval wont be granted by the end of the year.
"Well, Mark has Two days to fulfill his Promise EOY... Launch Date ??? "
LOL.....do you honestly believe a launch date will be provided by tomorrow?
This is the same dude who stated the card was 'days away' over a year ago.
I predict no launch data will be given and the massive dilution will happen, once again, next year. Eventually, there will be another reverse split.