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Folks, the CEO firmly stated that there is no reason for the FDA to not approve by the end of the year. The end of the year is tomorrow.....is FDA approval coming by tomorrow?
"This week is looking like a reallllly good time to load"
Why is that?
BIEL is not doing so well today...which is strange considering the FDA will provide approval in the next few days. Remember, the CEO stated firmly that there is no reason why the FDA won't approve by the end of the year.
If FDA approval is coming this week, why the weak stock performance?
"but guessing is futile."
I am not guessing....the CEO told the world, there is no reason why the FDA wont approve by the end of the year. This came from the mouth of the CEO...so we should be getting approval in the next few days?
" Even more major share dumping, coming your way"
Major dumping is going on right now...I thought the FDA is going to approve this week.
"That's not what he said......twisting things and making false statements. "
Actually, that is exactly what he said. Please listen to the conference call again....he clearly said this.
So....will FDA OTC approval come this week? The CEO said there is no reason why approval wont be granted by the end of the year.
Will this week bring riches, or more disappointment?
"AS shares is currently 10 billion with 9.3 billion shares OS. This is based on BIELs own financials from their last quarter 10K."
BIEL has increased the authorized share count significantly since their last quarter 10k
The CEO promised a launch date by year end....that's in the next few days! Do you honestly believe this will happen?
"It will be great to pass.002 today It's possible"
This is not possible. BIEL does not have FDA approval, the CEO firmly stated there is no reason why approval will not be given by the end of the year. Thus, he firmly predicated FDA approval within the next few days! Obviously this will not happen. Also, BIEL recently increased the authorized share count by 4 billion shares to a massive 15 billion shares! That is crazy!
"In conclusion, Biel is so strong without FDA clearance"
LOL....statements like this are becoming more and more popular. The growing belief that BIEL does not need the FDA is clear indication that the chances of FDA approval are becoming increasingly slim.
So, the sentiment that BIEL does not need the FDA is gaining traction. The FDA did not approve BIEL and the response is that BIEL does not need the FDA.
"Sounds like somebody bought some shares.. I did too lol."
Congrats. Too bad no one can by any of NWAV's products....because there is none.
""we should get FDA clear by the end of the year" "
Yup, the CEO did say this.....less than a week to go. How many people honestly believe BIEL will get FDA clearance by the end of the month?
"Please provide proof that it was denied"
The FDA may not issue a formal denial....they may just never approve. BIEL has not been approval which is analogous to being denied....
"there is not such thing with the FDA geeeeez... "
No such thing with the FDA? What is everyone seemingly waiting for then? THE CEO stated there is no reason why the FDA will not grant approval by the end of the year...is he telling a lie?
'It'S definitely cheap down here'
It is cheap because the company has no revenue, no products and a history of lies.....despite all the recent news, management still has not provided a launch date...because there is none. No products, no launch date...nothing. Remember, this is the same management that told shareholders the card as 'days away' last year.
How many people honestly believe the FDA will grant approval within a week? The CEO stated there is no reason why approval will not be granted by the end of the year...well, that is a week away. How many people honestly believe him?
"This might be approved in first 6 months of 2016 and the stock might be $1.25 easy. Biel might buy back most of the stock when everybody sells off at .30 - .50 cents and this company will skyrocket like VNDA"
Why would BIEL wait and buy back most stock at 0.3 - 0.5...when they can buy stock now at 0.001?
"Again Biel has NOT been denied Review is still in progress"
I believe the review is over and BIEL did not get approved. Please provide proof that the review is still ongoing.
"22% of-FDA-ruling in 90 days 66%-within 6 months 34% longer, and THOSE are the FACTS"
Please provide evidence or proof of this.
"No need to depend on the US to be profitable. "
The fact that this statement is being made is further proof of the growing realization that the FDA did not and will not approve BIEL.
"Ummm no they have NOT been denied, no ruling yet "
Friend, the FDA may not 'deny' BIEL....they will just never approve it. This amounts to the same thing, but the FDA does not have to issue a formal denial.
BIEL has not been approved and the FDA makes these type of approvals withing 90 days. 90 days has long since passed.....
"$NWAV Talks with SwipeLoyalty. .... DID YOU SEE THEIR PARTNERS?!?!? "
Dont get too excited...NWAV was also in talks with Praxell who had an equally impressive list of partners....Praxell ditched NWAV and moved on...I wonder why?
"US IS ONLY A BONUS"
Interesting. When it was believed the FDA would grant BIEL OTC status, everyone was happy and proclaimed how important the US market is for BIEL.
Now that it is obvious that BIEL was denied, the sentiment has changed to that of the US not being important and is only a bonus.
Hello, didnt you predict FDA approval by Dec 16. I believe you said "Dec. 16 is my day, news will be released, Go Biel "
Can you explain what happened?
Well folks.....the end of the year is a week away.....
Do you believe the CEO when he predicted FDA OTC approval by the end of the year?
"If you do an Advanced Search on the US eBay site to see how many are being sold on eBay, you will learn that there have been only six sold since October 10th. "
I have said this many times....BIEL does not have a distribution problem....BIEL has a demand problem....there just is not significant demand for their products.
15 billion shares? Yikes!! This company is a share printing press.....too bad they can't make any money...
" First 1000 cards were ordered and shipped"
No cards have been shipped.....no cards have been produced yet. All you saw was an order form, management has not confirmed the launch date, management has not shown anyone a card....because the cards do not exist.
"This might be approved in first 6 months of 2016 and the stock might be $1.25 easy. Biel might buy back most of the stock when everybody sells off at .30 - .50 cents"
There are a lot of 'might's in your wishes. Sure BIEL might rise, but in all likelihood, it will not. BIEL's share structure is too heavy....a reverse split is a necessity.
"Continue exponential sales growth in the UK. "
Hello kind sir....with all these sales, can you please explain why BIEL's net loss widened? Shouldn't the net loss narrow?
"Going down before it's going up."
It is going down because there is no product....no revenue.....nothing except for hype and fluff press releases.
Hello kind sir, can you please explain why BIEL has not been given approval. You did predict approval would be granted by now....what has gone wrong?
"This might be approved in first 6 months of 2016 and the stock might be $1.25 easy"
LOL....this is too funny. I thought BIEL was to get approval by Nov 6...which is 90 days after the submission? Wait, I thought the CEO then said he expects approval by Dec 31? Wait, now you are saying approval will be pushed to 2016?
Folks, no approval is coming. The current situation is simple....folks are pushing out the approval date further into the future when current predictions turn out to be wrong.
"There is a reason USEI went quiet for almost a year"
Because it is a scam.......
"Anyone catch any cheapies Friday?"
A big down day on Friday........folks are realizing the promise to deliver the card by the end of the year is more garage talk.
"Wow look actipatch is selling at local stores"
BIEL has never had a distribution problem.....BIEL has a demand problem. Despite the supposed #1 rank on Amazon, top ranking on Boots....BIEL is still a money looser.
The FDA did not approve BIEL...and has communicated the reasons as to why. The FDA is obligated to do this.
BIEL increased the authorized share count recently, so look out for more dilution.......
"December 4, 2015 BIEL amends authorized shares to 15 billion "
15 billion? That is insane. Only a matter of time before BIEL has to do a massive reverse split.
"No. I don't see the dilution is hurting the fundamental value of Biel."
Friend, dilution erodes shareholder value....dilution hurts existing shareholders.
This Oxford study is actually bad for BIEL. If there was no doubt on the clinical effectiveness of ActiPath, then there would be no need for this study.
This study is underway because there is scientific doubt about Actipath. So the nonsense that BIEL has been spewing about the proven clinical effectiveness of ActiPath is clearly wrong.
"he never promised he said we should have it by the end of the year"
Actually, he did promise. He said there is no reason why approval shouldn't be granted. Listen to the radio interview, if you don't believe me.