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Management promised the card by Dec. 31, 2015. How many people think this is going to happen?
If this doesn't happen, this stock will fall hard.
The CEO promised FDA OTC approval by Dec. 31, 2015.
How many people think this is going to happen?
This Oxford study is actually bad news for BIEL. BIEL has long maintained their products work and are effective. If this was indeed the case, then why would a university want to independently verify this? There is a element of scientific doubt, which is why Oxford wants to have their own study.
There is no upside for BIEL here. If Oxford concludes the products do not work, then BIEL will crash hard. If Oxford concludes the products do work, then this will only verify what BIEL has long maintained, thus no upside.
"$NWAV SHAREHOLDER CONFERENCE CALL 12/8/15 - what a great opportunity! "
Opportunity? This call was a joke. The dude talked as if Hollywood endorsements, specifically Angelina Jolie, was a possibility.
"CEO stated that he thinks approval by year end and nothing has changed."
By year end? As year end comes and goes, with no approval, this stock will take a major, major hit.
"The FDA is still reviewing the 510K "
How do you know this? What evidence do you have?
"lol, super busy laundering everyone's money...."
LOL...is this company still in business?
"Friday seller. It was a total fluke. We will make some traction this coming week."
A fluke? LOL...that's funny. Why will there be traction this week? The company has no product, no revenue, no sales....just a lot of BS talk about Hollywood endorsements, 4000+ retailers and international aid agencies using this card.....unfortunately, you cannot sell or monetize BS talk.
The stock will crash hard....there is really no upside here.
"You guys do realize the FDA had to imposed a C&D on selling this product in this country don't you. "
BIEL is not going to get FDA OTC clearance. The CEO indicated that he expects clearance by the end of the year, however he already has the truth....he knows why the FDA did not approve.
BIEL still has to dump a ton of more shares....sitting on bad news is in their best interest.
At the end of the year, expect a major sell off in BIEL....the FDA is not going to approve, in fact, they already rejected the product.
"Question about BIEL's PPS to all my "FRIENDS" - stockk, ddl, bigfoot, askj, guitar, fuent --- How much PPS will be on approval, right after --.05c??? 0.08c??? 0.10c??? Higher??? Thank you"
Approval was not granted....why do you think the stock is sliding?
"How many companies in pink land can claim to have some of the world's largest healthcare companies selling their products, wonder why there is ONLY ONE BIEL
"
How many companies on the planet can have supposed top ratings on Amazon, Boots....and have the worlds largest healthcare companies in their corner....but yet continue to loose money, continue to dilute the stock float due to insufficient revenue...only one..BIEL....
"Better get a new calculator askj, that is a 10 to 1 ratio in favor of BUYERS."
LOL...BIEL is off 99.9% from its high. I think you need to look at the big picture.
"BUY BIEL NOW SOME OF THE WORLD'S LARGEST HEALTHCARE COMPANIES ARE SELLING BIEL'S PRODUCTS, HOW MANY COMPANIES IN PINK LAND CAN MAKE THAT CLAIM"
Then why did BIEL's net loss widen? With all those sales, the net loss should narrow.
"Biel should keep an eye on the FDA progress and respond to any additional request while puttin 95% of their focus on the world market. "
BIEL's products have been available to the world market for over a decade! Still, demand has remained weak....there just is not sufficient enough demand.
"i think most of us would take .0011-.0012 right now"
LOL....you will only see this after the coming reverse split.
"2) BIEL has a 510k Premarket Notification for the ActiPatch in review with the FDA, decision due at any time
3) BIEL has more than doubled 2015 sales revenue over 2014 revenue"
The 510k is not under review any longer...why do you think the stock is selling off?
Also, sales increased....but the net loss got bigger! That is nuts. An increase in sales should reduce the net loss....but BIEL's net loss widened!
"But IMO the SS will start to get a bit more bloated come the new year."
Of course the share structure will be bloated. This company has no revenue. That conference call was pure BS...and the stock sell off is proof of that.
"As we all know, Mark Promised US December for the Launch date ?
Did He LIE ? Again ? "
What do you think? Did you listen to that crazy conference call? The dude talked as if Angelia Jolie and Hollywood endorsements were realistic...the dude also proclaimed international aid agencies will use this card. On Twitter, the dude says 4000+ retailers are interested.
Now, look at this dude's track record...and ask yourself whether lies were told.
"How Long Does The FDA 510(k) Review Process Really Take"
BIEL's 510k process has been completed. BIEL and their fancy FDA experienced lawyer know the truth.
"BUY SIGNAL BUY BIEL NOW"
Why buy? BIEL is on a down trend....have you been looking at the stock price?
"agreed.Loading zone"
Loading zone? Why? This company has no products and no revenue.
During the conference call, management talked a lot of fluff...but nothing really tangible. Do you honestly believe that conference call? Do you think Hollywood endorsements are coming? Do you think international aid agencies are awaiting this card?
The only store mentioned was a local coffee shop...there was no mention of the 4000+ retailers that management bragged about on Twitter.
The stock is a scam. There is no card coming by the end of the year...or ever. ServeNation and Cannabis Card is proof of that.
BIEL has always suffered from a demand problem. Over the years, BIEL has announced many distribution deals....yet they never had sufficient enough demand for their products. BIEL needs to sell stock because there is not enough revenue generated through sales.
BIEL has never really had a problem getting their products to the market....their problems is convincing people to buy.
Folks, another day has passed and another without the much anticipated FDA OTC approval.
It is time to realize the facts, BIEL was denied...and per the FDA mandate, they must have communicated this information with BIEL at 100 days. BIEL and their fancy FDA experienced lawyer knows the truth....they choose to keep this information a secret.
Remember, BIEL needs to dump another few billion shares, so they will not reveal any potential bad news, unless they absolutely have to.
BIEL has recently filed to increase the authorized share count again!
WOW!
I thought the products were selling, why the need to continuously to dump shares?
"Any progress on anything? Didn't get any in the CC."
There is no real progress....that's why none was mentioned. Look at the stock, all the gains from yesterday are now gone.
"All the stuff shareholders needed to hear never came. Nothing."
Exactly...it was all fluff.
There was very little talk about the present situation, and lots of talk about hypothetical, 'pie in the sky' scenarios...for example, Hollywood endorsements (he specifically mentioned Angelina Jolie by name)....he mentioned international aid agencies....on Twitter, there is a post indicating placement to 4000+ retailers..lots of fluff and puff for a product that does not exist.
"Time will tell, and I Hope Mark will Deliver this time... "
Friend, notice how all the gains from yesterday are gone.
Notice, how there was no launch date provided.
Notice, how there is supposedly tons of interest in this product...4000+ stores, Apple apps, Google aps, but the product does not exist. How can 4000+ stores be interested in this mystery product?
On the conference call, Hollywood endorsements were discussed, major international organizations were talked about....but the product does not exist! This product is still a concept...and not a reality.
"BIEL told us when the delivered the envelope
they do not get information from inside - FDA is very strict about that "
While you are defending BIEL and clinging to hope...the stock is down another 10% today. Please continue to justify the timeline to yourself....while you continue to watch the sell off.
"BIEL's times are rolling backwards. Awkward for them."
Back to 0.0008..... folks are realizing that there is no FDA approval and jumping ship.
"I have asked this question several times and nobody can respond... "
Simple...the whole thing is a scam.
"How can BIEL know when the FDA even opened the envelope? "
BIEL firmly stated the day...BIEL firmly stated they engaged a very influential lawyer, very experienced with FDA submissions, to stay on top of the process.
Are you suggesting the BIEL and their fancy, FDA experienced lawyer issued a misleading press release?
Are you suggesting the BIEL and their fancy FDA experienced lawyer did not receive written communication from the FDA, at 100 days, as mandated by the FDA?
"Please check the FDA web site and look at the detail of devices approved in November"
Sir, BIEL published the date the clock starts. Take a look at their press releases....
Time to wake up to reality and stop making excuses...the product was not approved and BIEL knows the reasons why
"You have no knowledge of when the 510K application was actually received for the "clock" to start. "
Yes we do. BIEL issued a press release stating this information...and how they had a high powered lawyer to get them through this process.
There is no approval coming...why do you think the stock is selling off?
This is a joke.....no launch date provided...nothing.
Just a lot of fluff in this conference call. Last year, the card was supposedly 'days away' and there was supposedly a lot of interest...then what happened, nothing...only a massive reverse split.
Nothing on this conference call, just talk of how great this product is and how everyone wants it...but the product doesn't even exist.
A penny? BIEL will be a penny after the reverse split. BIEL's float is bigger than Apple and Facebook combined. BIEL's massively diluted stock float is not sustainable.
Folks, its time to forget the FDA dream. This is not going to happen...BIEL has the notification from the FDA explaining why approval was not granted. The FDA is obligated to and must provide written reasons for the lack of approval at 100 days. BIEL has the information....BIEL knows why approval was not granted.
Remember BIEL has another 2 billion shares to dump....they are not going to admit to FDA rejection at this time.
LOL...this conference call was a joke. Basically, a lot of fluff was said....people were told what they wanted to hear.
Notice, how a launch date for the card has not been provided. Notice, there can be no revenue without a card....and there is no date for the card.
Lots of fluff....but the all important question was not answered.
"He told us by Dec 30, 2015 it will be Launched, so did he Lie"
LOL...what do you think? Last year, shareholders were told the card was 'days away'. What happened to that Cannabis Card...wasn't this to be an integral part of SING? Hey, what happened to Praxell...weren't they to propel the card to massive heights? Hey, what happened to the CEO that was hired...I thought he was an industry veteran. Hey, why was there a massive reverse split after shareholders were promised no reverse split?
Now, what was your question about lies?
"Just wake me up when it hits .0011"
Sure, it will hit 0.011 after the reverse split. With an 11 billion share float, a reverse split is coming. The current share structure cannot be maintained. This turd has more shares than Facebook and Apple combined.
"Biel might buy back most of the stock when everybody sells off at .30 - .50 cents"
LOL...there is no buy back. BIEL is dumping at 0.0009....why would they then buy back at 0.3? That makes no sense.
"If we have a Launch date, and we will, when the Card is in the hands of people, in 2016, and share price is 0.02+ to 0.05 then you have Failed... Agreed ?"
There is no launch date. Ask the many people who are still waiting for Serve nation.