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Good Grief, nothing "Huge" has happened all day
Everyone waiting on Financials and BIEL Update.
Total Volume = 799k shares
Dollar Value = $320
LOL, "the company" must have been 'Sales Track'
The University of California at San Diego disagrees with you
UCSD, one the top US Research Universities spending ($1.133 billion) more than Duke, Harvard and Stanford, under the supervision of Dr. Brian Ilfeld an experienced researcher with 200 scientific papers written, is funding research on the use of RecoveryRx for use in Phantom Limb Pain.
I will take the opinion of UCSD over an anonymous message board poster any day of the week.
Adcock Ingram is not the sole answer to BIEL's International Distribution but it could be an important partner as they are not strictly selling in South Africa but do business in 13 additional markets in Africa.
The potential of Adcock Ingram can be seen in the first two pharmacies stocking ActiPatch:
Dis-Chem with 315 stores
Arrie Nel with 69 stores
"Adcock Ingram is a leading South African pharmaceutical manufacturer listed on the Johannesburg Stock Exchange."
"The Company manufactures, markets, and distributes a wide range of healthcare products and is a leading supplier to both the private and public sectors of the market. Through the recent acquisition of Plush the Company expanded into the Homecare market."
"Adcock Ingram covers over 14 markets on the continent with a broad product range of OTC, Prescription, Hospital and FMCG products."
"Adcock Ingram is ranked as the second largest manufacturer in the private pharmaceutical market and is the second largest supplier to the public sector. Of note is the major share of the critical care market held by the company, being the largest supplier of critical care products to the public sector and hospitals."
"The Consumer division competes mainly in the unregulated Fast Moving Consumer goods (FMCG) market. Products are also distributed and marketed in modern and traditional trade outlets. It continues to focus on the marketing, selling and distribution of healthcare, personal care and homecare brands."
https://www.adcock.co.za/Aboutus
https://actipatch.co.za/actipatch-contact-us/
Calling Total BS
<<<<<<<<<< Another day of heavy downside volume >>>>>>>>>>>
Buys = 2.5 million shares
Sells = 3.3 million shares
Neutral = 2.2 million shares @ .00045
Only ones Selling today were the MMs
Buys = 10.9 million shares
Sells = 1.5 million shares
Neutral = 1.1 million shares
Shorting = 10.9 million shares
date .... Symbol .. Short vol .. Total vol
20230405 | BIEL | 10942000 |13645757
Very Nice Hawk, 315 stores in the Dis-Chem network
https://www.dischem.co.za/
69 stores in the Arrie Nel network.
https://arrienel.co.za/store-locator/
Thanks Hawk, Hot Off the Press, 21 hours old
Search Adcock Ingram on YouTube site, 21 videos down the list.
Go BIEL !!!
Go Adcock Ingram !!
LOL, BIEL has had One Day Trading Volume as high as 949 million shares
<<<<<<<<<< Massive liquidation has been happening since January 1 >>>>>>>>>>
And you are touting 670 million over 3 months as a "Massive liquidation".
Nice Try, very low volume for BIEL this year. No news from BIEL in 7 months = few buying. Few selling currently because BIEL news is overdue.
Must be looking at the wrong stock, 11 mil per day avg volume since "January 1"
<<<<<<< Massive liquidation has been happening since January 1 >>>>>>>>
3 Months average daily volume = 11,166,732
That's 670 million shares traded in Q1 or 2.7 percent of the OS.
Interesting, the 4 Ask Size of 12 million shares just disappeared with no trades
43 million shares now on the 5 Ask.
153 million shares on the 3 Bid.
10:38 - 4s come back with 7 million shares but there is "no manipulation on the OTC Market"
One for the glass half full crowd
<<<<<<<<<<<<< a theory other than "China Lockdown." >>>>>>>>>>>>>>>
Companies that have good news to report want to time their PR to have the biggest impact.
Early to mid week is common so the news is not forgotten over a weekend. Other competing events that might suck the oxygen out of room may also be avoided.
On 3/30 we had the first US president criminally indicted in our nation's history. Everything else has taken a back seat to coverage of this historic event. The arraignment is not until Tuesday of next week so this will be dominating the news next week as well.
IMO, not a good time to release positive business news. If one were trying to sweep some bad news under the rug it would be a great time. Passions run high on both sides of this issue, millions of people following it closely.
As for BIEL's stated reason in their 'Notice of Late Filing' I would agree that it sounds flimsy since OTC companies have had 18 months to research the new Rules, understand them, and implement them.
Shorting 12.9 million shares of an 18.1 million share day is not supporting a SP
<<<<<< looks like maybe the MMs are doing what they can to prevent the price from dropping >>>>>>
Date ... Symbol .. Short Vol ... Total Vol
20230331 | BIEL | 12947375 | 18145573
This is not long term shorting. They will probably cover within 3 days but it served their purpose for today, knocking out all of the 4s for a few hours.
No need to be scared, back to a 4 Bid/5 Ask
<<<<<<<<< This IS scary! >>>>>>>>>
Just more MMs jerking BIEL around to create volume & transaction fees..
12.3 million shares now on the 4 Bid Size.
Nice, 4 million share Buy @ 5 at 9:45
Less than half of that $2k was selling by investors who actually owned shares in BIEL
MMs used naked shorting to sell 2.865 million shares yesterday.
Date ... Symbol .. Short vol ... Total vol
20230330 | BIEL | 2865000 | 5077755
I placed a Buy Order for 100,000 shares @ .0005 at 2:58 yesterday to see what the MMs would do with it. They filled it at .00045 so it hit the Tape as a Neutral Trade instead of a Buy.
LOL, massive dumping of $2,000 worth of stock
Be afraid, run for the exits.
Investors who have waited this long for an update from BIEL are not selling now.
The exact same words I uttered at the repetitive claims of ......
......"BK coming any day now" that have been posted over and over for the last 13 years.
<<<<<<<<<<< More worthless hype amounting to ZERO! >>>>>>>>>>>>
Wrong 13 years in a row. Same goes for:
"Andy told me RS coming this week", Wrong, over 20 years in business and Zero RS
"BIEL will never get an 'FDA Reclassification' for ActiPatch", Wrong 2015, FDA Docket No. FDA-2012-N-0378
"BIEL will never survive the SEC Action", Wrong 2018, SEC reduced fine by 90% due to their F*** Up with 'Illegal Judges', cheaper for BIEL to pay the reduced fine than pay legal fees for new trial
"BIEL will never get an FDA Clearance for 'Knee Pain' ", Wrong 2017, 510k #K152432
"BIEL will never get FDA 'Over the Counter' Clearance" Wrong 2017, 510k #K152432
"Biel will never get an FDA Clearance for 'Post Operation Pain' ", Wrong 2019, 510k #K190251
"BIEL will Never get an FDA Clearance for 'Musculoskeletal Pain' " Wrong 2020, 510k #K192234
"BioElectronics is completely finished, done, last chapter. Final page" BIEL still in business same as the last 23 years
Also Port closures in June and work restrictions in September
Once the natural flow in and out of a Port is disrupted things are a mess, takes weeks to months to get back to normal.
Sunday, March 26, 2023
Shenzhen Lockdown’s Ripple Impact On Trade
“Shenzhen is the fourth-busiest port in the world in terms of container throughput, it is a key export hub for China,” says M Suresh Babu, a professor of economics in the department of Humanities and Social Sciences, Indian Institute of Technology Madras. “Lockdown has resulted in congestion in the port, posing a threat to shipments to the US for the summer.”
**********************************************************************
Largest port in South China partly closed
Yantian port in Shenzhen affected by closure
8. JUNE
"Delays on imports from South China
Due to an ongoing coronavirus outbreak in the Yantian port in Shenzhen, South China, the port will be partly closed and we expect continued port congestion and vessel delays for the next two weeks. At the same time, vessels with infected crew on board are requested to enter a 14-days quarantine."
Delays on containers and shipments from South China and the Shenzhen area must therefore be expected.
https://us.leman.com/news/largest-port-in-south-china-partly-closed/
******************************************************************
September 3, 20226:08 AM PDT
Shenzhen districts locked down as China battles COVID outbreaks
Most districts locked down in tech hub of 18 million
Mass testing, transport suspension takes effect
https://www.reuters.com/world/china/shenzhen-districts-locked-down-china-battles-covid-outbreaks-2022-09-03/
Covid lockdowns return to key Chinese port cities
August 30, 2022
"Covid lockdowns are ticking up in China again with neighbourhoods in key port cities such as Shenzhen and Dalian forced back home this week, and mass testing underway at other important maritime gateways including Tianjin."
https://splash247.com/covid-lockdowns-return-to-key-chinese-port-cities/
Shenzhen lockdown raises concerns over wider logistics disruptions 05 Sep 2022
"Operations of warehouses and container yards in the city have been disrupted, while some areas, where many logistics and trucking companies are based, remain under coronavirus restrictions"
https://lloydslist.maritimeintelligence.informa.com/LL1142129/Shenzhen-lockdown-raises-concerns-over-wider-logistics-disruptions
Adcock Ingram is a leading South African pharmaceutical manufacturer listed on the Johannesburg Stock Exchange.
The Company manufactures, markets, and distributes a wide range of healthcare products and is a leading supplier to both the private and public sectors of the market. Through the recent acquisition of Plush the Company expanded into the Homecare market.
Adcock Ingram covers over 14 markets on the continent with a broad product range of OTC, Prescription, Hospital and FMCG products. Adcock Ingram is making sure that we clearly understand the markets in which we operate and are aware of the risks and opportunities in each. We set out to attract the very best people who have a sound understanding of these markets and their consumers.
We have a state of the art manufacturing facility in Bangalore. Our Indian operation has given us the opportunity to strategically offer development and registration support to our operations in South Africa as well as augment our manufacturing capabilities.
Annual Revenue - $518 million USD
Total Assets - $470 million USD
Employees - 1,978
A logical reason would be that an event is imminent that will draw new eyes to BIEL and they don't want the "Yield" sign greeting visitors to the BIEL OTC page.
<<<<<<<<< why this sat for five months and suddenly now is being fixed >>>>>>>>>
Opinions on Synergy Abound, How about some Facts
Synergy was pounded by some for months saying that it no longer was in business because their address had changed or because their website was down.
Three weeks ago a press release confirmed that Synergy was still in business,
"KitoTech Medical Inc. Signs Agreement with Synergy Corporation for International Distribution of Their Medical and Consumer Products"
https://www.prweb.com/releases/2023/03/prweb19198552.htm
4 days ago it was found that Synergy Corporation was now a part of the IMS Group. IMS started out as a Samsung Mobile Phone distributor for Nepal 22 years ago. They expanded into handling Samsung Tablets and Samsung Monitors. They also began acquiring/developing businesses in many different markets, Hotels, a Auto Dealership, a Hospital, Banks, Life Insurance, Power Generation and others. IMS ventures now exceed over 30 businesses.
IMS Group of Companies:
IMS Samsung
IMS SMart - Samsung
IMS Connect - Samsung
IMS Care - Samsung
IMS Cement
IMS Consultancy
IMS Developers
IMS Linearflux
IMS Motors
IMS Airport Services
IMS Agro & DM Foundation
IMS Little Smiles
IMS Teletime
BB Luv
Cellcom
Citizen Life Insurance
Civil Bank
D & D Trading
DJI Drones
DM Scholarship
Dr. Brown’s
Dreambaby
Energizer
Grande International Hospital
Himalaya Baby Care
Hotel Shahenshah
Le Temor Spa & Resort
Nepal Infra Bank
Parakito & Crane Baby
Reliance Life insurance
Shree Mount Rasuwa Upper Mailung Hydro Power
Silver Valley Developers
Smartdoko
SpaceTime Network
Synergy Corporation
The Leaf Resort
Times Energy
Upper Bheri Hyderoelectronic Project
https://www.ims-np.com/
Abhijeet Chaturvedi is the Managing Director of Synergy Corporation. His previous work experience includes 11 years as CEO of the AMBE Group, one of Nepal's largest conglomerates involved in Manufacturing, Trading, Real Estate, Banking, Construction.
https://ambegroup.com/
It is easy for an anonymous message board poster to post Opinions about a company or the CEO of a company. I will take the judgement of Samsung in working with IMS for 22 years and the reputation of Abhijeet Chaturvedi with 11 years of experience running AMBE over an anonymous poster's Opinion any day of the week
Complete Load of Steamy BS, Buys Over Sells 4 to 1
<<<<<<<<<<< All sells no buys >>>>>>>>>>>>
Today's Stats
Buys = 1.1 million shares
Sells = 267k shares
Neutral = 2.7 million shares
Only 267k sold at .0004 today.
2.7 million shares were purchased at .00045 . Retail traders can't place that order. These orders were either Buy orders at .0005 that MMs jumped in and sold at .00045 or MMs trading between themselves.
Now that is closer to "Clear"
<<<<<< medicare is not in play via DonJoy's products >>>>>>
The initial statement did not mention that the issue stated for no Medicare Coverage was that DonJoy Does Not Have a Medicare Supplier Number therefor everything they sell is not Covered by Medicare, not just the EME Knee Brace Powered by ActiPatch.
<<<<< Quite the opposite."Does this mean Medicare paying for Actipatch " >>>>>
To be clear, this Medicare statement says DonJoy doesn't have a Medicare Supplier Number
Nothing that DonJoy sells will be covered by Medicare. All DonJoy products have the same Medicare notice.
"Medicare will pay for medical equipment and supplies only if a supplier has a Medicare supplier number. We do not have a Medicare supplier number. Medicare will not pay for any medical equipment and supplies we sell to you. You will be personally and fully responsible for payment."
Good Grief, we have the Q3 Disclosure which gives Loan activity through 9/30/2022 and the Q4/EOY Disclosure comes out on 3/31/2023 the same as every year. Why try to portray this as something unusual is going on?
<<<< so many that have already matured in 2022, we have had no communication on how exactly they were handled >>>>
The Q3 Disclosure shows that only one Convertible Loan was converted to shares in 2022 through 9/30/2022. This was an IBEX Loan. One week after the conversion IBEX started making new Non-Convertible Loans to BIEL. As of 9/30/2022 they have made 5 new Loans to BIEL
Good Grief, the shameless misinformation continues to flow
<<<<<<<<<< 175 retail investors >>>>>>>>>>
As explained before:
The stockbrokers that keep track of how many shares of stock retail investors own are intentionally being mislabeled as the total number of retail investors.
A look at the 2009 financials, the last year BIEL was fully SEC reporting which requires a count of how many shareholders a company has, shows that with less than 1.5 billion shares in circulation BIEL had 16,011 shareholders.
No actual shareholder count has been done since 2009 because it is not required of 'Pink Current' companies and it is expensive. BIEL moved to the 'Pink Current' status due to the excessive costs of the SEC reporting.
https://www.otcmarkets.com/otcapi/company/financial-report/30426/content page 16
Shareholders who have followed BIEL for a few years are aware of this attempted deception. Newbies need to be advised of this 'Number of Shareholders' scam, the 'SalesTrack' scam, the 'BIEL will Never Survive (SEC, Debt Coming Due, FDA, ect.)' scam and several others.
There is a good reason for this disclaimer on every post, "Everything I say and write is my opinion and my opinion only".
I count 34 companies within the IMS Group
<<<<<<<<<<< Odd, the IMS facebook page doesn't mention Synergy >>>>>>>>>>>>
I only see references to Samsung, Crane and DJI on the IMS facebook. LOL, nice try.
" IMS, IMS SMart, IMS Connect, IMS Care, Cellcom, DJI Drones, IMS Motors, IMS Airport Services, Silver Valley Developers, Grande International Hospital, Synergy Corporation, The Leaf Resort, Hotel Shahenshah, Le Temor Spa & Resort, Times Energy, Shree Mount Rasuwa Upper Mailung Hydro Power, Upper Bheri Hyderoelectronic Project, Parakito & Crane Baby, Dr. Brown’s, Himalaya Baby Care, BB Luv, Dreambaby, Energizer, IMS Little Smiles, SpaceTime Network, IMS Cement, IMS Consultancy, Civil Bank, Nepal Infrastructure Bank, Citizens Life Insurance, Reliance Insurance, IMS Agro & DM Foundation."
<<<<<<<<<<<<< You mean recently >>>>>>>>>>>>>
According to the 'Wayback Machine' Synergy first shows up on the IMS website's list of companies, "Our Ventures", on 5/24/2019.
https://web.archive.org/web/20190801000000*/http://www.ims-np.com/synergy-corporation
To Allay Some of the Concerns About Synergy Corporation
Synergy has joined the IMS Group of Companies.
"The ever-growing technology and competition has compelled IMS to broaden its scope and boundaries in the market. Its reach extends to the massed in the variety of services it provides through IMS, IMS SMart, IMS Connect, IMS Care, Cellcom, DJI Drones, IMS Motors, IMS Airport Services, Silver Valley Developers, Grande International Hospital, Synergy Corporation, The Leaf Resort, Hotel Shahenshah, Le Temor Spa & Resort, Times Energy, Shree Mount Rasuwa Upper Mailung Hydro Power, Upper Bheri Hyderoelectronic Project, Parakito & Crane Baby, Dr. Brown’s, Himalaya Baby Care, BB Luv, Dreambaby, Energizer, IMS Little Smiles, SpaceTime Network, IMS Cement, IMS Consultancy, Civil Bank, Nepal Infrastructure Bank, Citizens Life Insurance, Reliance Insurance, IMS Agro & DM Foundation."
https://www.ims-np.com/about-us
Synergy Corporation
"Synergy Corporation is a reliable and established outsourcing partner for integrated market management services from market penetration to expansion across healthcare systems like Pharmaceuticals, Consumer healthcare, Diagnostics and Devices. The company is driven by their core competencies that comprise our Market insights, Marketing solutions, Regulatory procedures, Supply Chain management, broad network and sales activation with International Quality Standard of Services."
https://www.ims-np.com/synergy-corporation
Uhhhh, they both have the exact same entry time down to the second.
10:38:30
<<<<<<<<< 2 separate trades one right after the other >>>>>>>>>
https://ih.advfn.com/stock-market/USOTC/bioelectronics-pk-BIEL/trades
Same old BS, MMs Only Ones Selling
The SP has been beaten down due to BIEL's silence, allowing MMs to manipulate at will. IMO, that changes within the next 2 weeks.
The usual suspects say "BIEL is Doomed". The same message that has been continuously shouted for the 13 years that I have followed BIEL and has always been wrong.
Date .... Symbol .. Short vol .. Total vol
20230317 | BIEL | 3641998 | 4614873
Buys = 3,914,998
Sells = 604,875
Neutral = 95,000
Forgot to mention the Buy/Sell ratio, 9 to 1 in favor of Buys
Buys = 2.5 million shares
Sells = 287k shares
MMs still playing games with BIEL. A 999,999 share BUY @ 5 hit the tape at 10:38:30.
Our manipulating MM broke the trade into two parts, 979,999 shares transacted at 5 followed immediately by 20k shares transacted at .00045 . This manipulation showed the BIEL SP down 10% on a 5 digit to the right of the decimal point Trade that only an MM can create.
No Worries Pal, checking a BIEL historical chart is helpful
BIEL's SP has been in the basement several times in the last 10 years :
02/04/2014 - .0002
05/07/2015 - .0004
09/18/2015 - .0003
12/23/2016 - .0002
01/20/2017 - .0002
02/02/2017 - .0002
08/19/2020 - .0005
BIEL has always rebounded, sometimes with dramatic upward moves.
Yep GG, same thing yesterday, MMs only ones Selling and those are shares they don't Own and have not Borrowed
Today: Buys 3.785 million shares , Sells 100k shares
Date ... Symbol .. Short vol .. Total vol
20230315 |BIEL| 3325000 | 4012500
20230314 |BIEL| 3562790 | 3787992
Thanks Hawk, Adcock is a Market Leader and ready to promote ActiPatch in several Markets
"Adcock Ingram Over the Counter (OTC) is ranked as South Africa’s number one OTC company (IQVIA December 2019), and are market leaders across many therapeutic categories. In addition to its own brands, the Company also markets well known international brands on behalf of its strategic partners. Adcock Ingram (OTC) promotes its brands responsibly to Health Care Practitioners (HCPs) including Retail Pharmacists and Doctors and directly to Consumers where applicable."
KT Wave moves up 16 positions to #76 in Amazon Sales
"#76 in Muscle Stimulators & Accessories"
Go BIEL !!!
Go KT Wave !!!
Thanks JGD, Adcock has a very professional ActiPatch site up and running!!
https://actipatch.co.za/actipatch-contact-us/
https://actipatch.co.za/why-actipatch/
https://actipatch.co.za/clinical-eveidence/
https://actipatch.co.za/actipatch-frequently-asked-questions/
A little common sense says this is 'Recovery' of 'Medical Billing Accounts Receivable'
"A/R Recovery Specialists for the medical industry"
"Maintain Respectable Average Aging Results
We can provide a road-map to continued low A/R percentage results."
'Aging' is an accounting term.
"Getting started
We'll help you recover your problem A/R. Fast!"
Curious, how does ENDV, with a current Market Cap of $3.67 million, create "in excess of $50 million" of value in SofPulse by splitting it off as a separate company?
Endv paid $4mil for SofPulse 4 years ago and has done little to nothing with it.
Looking at Pulse Therapeutics they appear to be a company working on a device to clear blood clots not an "International Distributor".
Just tried it 3x and worked fine from my computer, are you registered with Linkedin?
https://www.linkedin.com/company/kitotech-medical-inc./