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Yeah, I wish I had sold in the .20s...could've bought all of it back for 1/4 the price and held a huge a profit / had my principal out.
Oh well, .13 may not be great, but for those who are not counting...that's still 3x the current price :)
I'm still very profitable at .13 and will hold out until then (who knows, maybe before the end of the 12 months the new targets call for $1 and we get into the .40s).
All I know is that selling isn't an option right now...
That's what we are all betting on! The moment it breaks even / posts a profit...it's going to go through the roof!
They responded to my email:
Thank you for interest on BICX.OB. I am the outside IR service provider
to the Company,, Stuart Smith. Currently, I do no have all the answers
to your questions, but I am working with the Company and their legal
counsel on a statement we can issue to all the shareholders relating to
the recently dismissed lawsuit. Again, I should point out, the lawsuit was filed and
voluntarily dismissed within a matter of days.
In the meantime, in regards to some of your other questions, generally
the Company announces all clinic openings. So the last news of the
recent clinic opening would have been the last clinic that was opened.
EROI is still consulting with BICX as of this date. BICX does not have
an agreement with “Bosley” directly. The 8k/PR from last year explains
the relationship with EROI and the history if it’s members.
Here is link to follow for the Company news and filings
http://bicxcorp.com/sec-filings-news/
Feel free to contact me again. I will make sure to pass along any other
updates as they become available.
Sincerely,
Stuart T. Smith
CEO
SmallCapVoice.com
512-267-2430
Then why are you still here? Also, does anyone have any information about how much MyLife's total package is vs. StartFresh's?
It could be that they decided they don't have enough and don't want the legal costs that will ensue. It isn't cheap to have lawyers fighting that long. Plus, there is a high probability that they'd lose since a 1 month implant vs. a 6 month are very different. Preventing 5 additional surgeries is what I would call a break through.
Also, Rocky...why are you still here if you think it is going to tank?
They can't do much because of the low volume.
Yeah, thanks for that information...BIG relief. I can't research most of this stuff from work. Most of it gets blocked by company firewall since they aren't categorized yet (websites)
Maybe they just did the deal to get the implant to inspect and see if they could sue?
I'm hoping the time frame for theirs is lower than the half time frame for BICX's. If so, then I think they would have enough differentiation for them to be considered separate.
The way the last one reads is identical to BioCorRx. It almost has me worried that BioCorRx setup the new company to sue the old company for the patent and then will declare bankruptcy to rid themselves of debt.
Obviously that is the ultra paranoid case scenario, but it could happen...
Does anyone have any more info on MyLifeRecovery? Anything from company officer names, board member names, what their implant is like, etc.
Hopefully this is just a nuisance rather than anything substantive. They licensed the product through the company. I'm not sure they have any claim then on the products themselves. I'd really like to see the court filings and read through it. Anyone able to find that?
As confusing as this stock can be at times, I don't think you wind up with that kind of press coverage if you are a scam / pump and dump type stock. I'm not saying it won't go down further, but at the end of it they should sky rocket back the other way. Just gotta get more revenues and into more states...
That's my suspicion too. The question is whether it is to come up with funding for continued operations or if they are just cutting their losses......
I didn't even notice that it had crept up almost 15m shares outsanding from when I looked....wozers.
Anyone agree or disagree lol? I'd love to get some additional opinions
I mean that seemed like relatively good news, right? $203k loss...significantly less than same quarter last year. Revenues almost double of last year and, as Pip pointed out, so much is still on the table.
Only bad I could see is the gargantuan total debt load, or did I miss something (i didn't look at it terribly long)?
I got drunk last night :(
This honestly maybe have been part of it :P
I really expected some volume today after the MSNBC thing...sad.
Wow...that's huge.
I think I'll buy some more shares!
You know the biggest problem with getting this PPS up? The regulation where each brokerage can only do 20% of the 30 day average volume. This historic low volume is the reason it can't be manipulated very easily.
How do you always know news is coming out before it comes out :P? I'd like to subscribe to the same news source lol
Very good to know! It is hard to keep the faith without a little bit of evidence :)
I'm ok with the pumper crowd on one condition, they use it to sell shares and the money from it goes to building private clinics or paying off the debt lol.
Then let it crash, then buy back all the shares at a discount to basically have earned free money.
Also, I'd like to sell within 5-10% of that peak price lol.........
*SIGH*
I don't know where it is, but that is the understanding I have. I've seen it stated by them multiple times, however, I have never seen the patent information (Probably should've done that in the DD phase)
There was an article about abuse, people not taking them at all, etc. The implant is most proven. Hopefully that extra 20% equates to a value proposition for insurance companies and they continue to rally behind it.
Phew...I'm not the only one. Although, my brokerage sent me an alert saying bicx was up more than 40% this morning to $.12 :)
Now THAT I whole heartedly agree with Fido :)
Turn a flippin profit already!
Yes, that was part of the deal.
Yeah I saw that too...that last notification for missing 10q filing date was on 3/31/2014 :)
Then it came out mid April. I dont' think they will delay, but i do think they will issue it near the end of the month :)
Vette, sad to see you go, but good luck with everything!
I do however disagree with Fido, Oxygen, and Vette on the clinic business model. They are able to perform 4 operations per day and receive $600 per script. That works out to $468000 (260 days * 3 patients * $600), but that patient load is a long way away.
I am sure they will make a fee of some sort on the additional services required to fully treat the patient (i.e. they get a small cut of counseling fees/reimbursements, etc), if not already in place with their current licensing agreements.
The new clinics will take time to really start getting a steady flow of people. They are increasing and I am positive they will. However, if i had to do it all over again, I would've sold at the $.20-$.25 mark and gotten out / reinvested a portion back into the company when the price dropped in that 4-7 cent range.
I don't think it is going anywhere any time soon, but that goes for both ways (not going under or making it big). I think we will see a profit by the end of the year (maybe middle of next year).
Soon!
Also, they did buy the implant making patents + they are trying to get FDA approval for using the implant to treat opiod addiction (which will probably lead into other). This will drive volume to the businesses and help them reach that 780 patients per year mark :)
To each his own! I am giving it a while longer :)
Best of luck to you all if I do not see / hear from you again!!
Just because it wasn't a "major" squeeze doesn't mean there wasn't a squeeze :)
We saw .31 for about 2-3 minutes. That's it...it was a momentary blip after which it went into a freefall :)
In any case, i still see the news as a good thing and I think it means good stuff is on the horizon (which is the main point).
Percentage wise $.10 is a LOT, especially when you take into account that you can short so many shares.
That's huge in my opinion. It means they expect it to cross $.22 soon :)
Also, means the price will be more likely to stay stable :)
I don't think the new places will be close enough to really detract from any clinic. Think of it more as if there was one walmart 50 miles away, you might not go. However, if 5 walmarts are added and one of them lands within 10 miles of you, now you might go.
So, if a treatment facility is over 100 miles away, then you might not go. If one pops up within 50 miles, now you might. Additionally, assuming they are using a sound strategy in placing these new pilot programs, then even if it does come into the range of another clinic, the old clinic might be getting only a small percentage of the people in that area willing to do the program due to distance. I.e. I would expect a lower population from 100+ miles away to come into a clinic than I would if they are say 20 miles away.
About 10.2M shares left...I think the had 10.42 last week and now -215k from that :)
Stupid JA and his dumping of shares :(
11M shares he had...so many more to go.
OMG wtf is happening. Eesh...
I just hope we make it to the .40s soon enough (referencing the goldman report).
JA has been selling off since he left the company or was no longer part of management. Whatever it is, he I think it is just him making an exit. Maybe he's going to start his own clinic lol?
JA has been selling for almost a year now I think based on the insider trading declarations.
That really is crazy. I just went through and read most of his posts. Insane. I do think there is a pump coming and he is just trying to devalue the stock prior to it. I myself was going to buy another ~50,000 shares when it was nearing a nickel the other week (albeit only momentariliy).
*they're