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Good Grief, No one with a functioning brain believes that there is currently a market for billions of new BIEL shares
KW, PW and RS have a zero chance of getting their loans paid back unless they pull off a major company turnaround.
With millions of dollars at stake the Whelans and Dr Staelin are doing everything possible to breath new life into BIEL.
A Profitable BIEL benefits both lenders and shareholders.
Sales-Track shows that the poster is a habitual liar willing to say anything to inflict damage on BIEL
BIEL fired ddls, with cause, 14 years ago and he has been trying to destroy the company ever since.
Every year same story, "BIEL is doomed", "BK coming any day now", same BS repeated over and over, always wrong.
96 percent efficacy is very rare in a study, nice to see Dr Sree Koneru consulting with BIEL again
https://onlinelibrary.wiley.com/doi/10.1002/vms3.1408
Holding pattern until EOY statement and company Update
3/31 is a Sunday so financials due 4/1 . Update could come before or after financials.
Enjoy.
Wrong again, 1.1 million shares bought at 3 today out of a 1.7 million share total Buy volume
<<<<<<<<< those .0002's became BUYS >>>>>>>>>>
Sells had a whopping 202k shares, 142k of those shares were Sells at 2 . Only 60k shares sold at 1 .
Forgot to mention only 60k shares actually sold at .0001
Buys over Sells 8 to 1 .
LOL, not a good look when your #1 cheerleader is the admitted liar, ddls
But I am confident it will be considered "Fun".
Zero selling so far today with no news is a positive outcome for Longs.
I am sure those who want BIEL to fail are unhappy with Dr Staelin's support for BIEL.
"Staelin is not foregoing interest on his loans, and it's accruing." Sounds like you are acknowledging there was "foregoing interest" by the Whelans, as the BIEL PR stated, why don't you tell your buddy Art. As far as Staelin earning interest on his loans, it is a debt owed that BIEL currently has no means to pay back. Give KW a call I am sure she can give you the same terms.
"I don't know what interest rate he's charging now, but his loans charge a rate that's considerably higher than the fixed rates at the time of loan inception. Take his January 2022 loan, for example: it appears to be accruing at about 8% interest -- back when CD's were paying around a half a percent." Trying to compare a CD interest rate to the loan rate of a high risk OTC Pink Sheet company is a classic Apples to Oranges comparison . Loan interest rates increase with the level of risk.In January 2022 my Chase credit card would have charged me 14.99% if did not pay the full balance on the card, Capital One would have been 17.9%. BIEL is getting a great deal, with 8% and no possibility of conversion/dilution, given their financial state. I would bet that they would give that same deal to any shareholder who wanted to loan them money.
"Kind of a sweet deal Staelin has going, unless, of course, BIEL can never repay him." That is the point, the $2 plus million that Sttaelin has loaned, the $3.6 million that PW has loaned, the $6 million plus that KW has loaned may never be paid back.
"CD's have been paying over 5% for several months. I'll wager that Staelin's rate has also increased considerably." I would say he has probably kept it at 8%. We will find out in 2 weeks along with how many new loans he has made to BIEL through the end of 2023 to keep BIEL solvent.
As I suspected, won't touch Art's $2.5 million interest BS
A true classic in Art's long list of disinformation.
Come on, give it a spin, this would be "Fun" to watch.
LOL, Sounds like you are now the Official Spinner for Bonehead Basher Posts
However, that does advance the theory that bashers are organized. Say hello to Simpson for me.
You did miss Art's $2.5 million interest BS. Was that one too far in the weeds for even you to touch?
LOL, BIEL shares information on manufacturing changes with shareholders and somebody finds a reason to complain about it, must be hanging out with Art.
Some on this board have complained about BIEL not sharing enough information with shareholders. Thank you for sharing this manufacturing information Dr Staelin.
The circuitry is "already sealed in an epoxy bubble" but the on/off button is not. It has a protective film covering it but I have found devices with corrosion under the film that stops a device from turning on while it still has 2.8 volts coming off the battery. That would be my guess on the "reliability" issue. I believe BIEL calls ActiPatch 'Water Resistant' not 'Water Proof'. Maybe they found a way to make it 'Water Proof' for heavy sweaters and those into water sports. Give Biel a call if it's troubling you.
As far as the "Shelf Life", it could be a better quality battery, or something else. Give BIEL a call if it's troubling you.
No one can be this obtuse, deliberately trying to deceive/confuse board members is the alternative.
I have corrected you before on this issue, BIEL does Not Pay Interest on convertible loans on a Quarterly or Annual basis, interest is added to the loan amount, all convertible loans are currently being 'rolled over' due to the AS ceiling.
<<<<<<<<< no ---- MONEY ------ to ----- pay ----- $2.5 MILLION >>>>>>>>>>
BIEL has not converted any loans since 1/25/2022 and that conversion to St John's was made so that PW could make several new loans to BIEL.
The foregoing of $2.5 million in interest lowers BIEL's loan debts by $2.5 million, period. That is a positive event for all shareholders.
You will try to minimize it because you do not want BIEL to succeed.
Same old low comprehension Art
<<<<<<<<< Where is this company going to get $2.5 MILLION to pay that interest >>>>>>>>>>
The Whelans 'gave up' that $2.5 million in interest to lower BIEL's debts. As in it is erased and will never have to be paid.
"Forego - If you forego something, you choose to give it up. If you forego dessert after dinner, you are skipping dessert. The verb forego (also spelled forgo) literally means “to go by.” In common usage it means “to abstain” or “do without.” You might forego smoking cigarettes as a New Year's resolution."
I would say those 1,677 followers are listening Along with 'The Whale' and his 3,328 followers
<<<<<<<< No one is listening to you >>>>>>>>
Thanks Hawk, Onex provides a very useful service
"Onex is a medical marketplace that connects manufacturer, distributors, and end-users globally, by providing manufacturers and distributors online exposure and marketing. We sell medical products from suppliers to buyers in bulk quantities worldwide. We also sell matching services where we assign distributors to medical manufacturers worldwide."
Dr Staelin has made 20 Non-Convertible Loans, $860k, to BIEL since he returned to the COB position in 2020
The Whelans have foregone $2.5 million in loan interest.
BIEL spent money recently redesigning the ActiPatch to increase reliability and shelf life.
This is not the typical run up to a "pump and dump".
MM Shorting worse than yesterday, 98.5% Naked Shorting, MMs only ones selling
FINRA Daily Short Report
Date ..... Symbol . Short vol .. Total vol
20240313 | BIEL | 27970000 | 28380721
What a hot steamy load of BS
<<<<<<<<<<<< They're winding down due to no money >>>>>>>>>>>>
The 2/15/2024 Update from Dr Staelin states that BIEL has recently upgraded the ActiPatch for greater reliability and shelf life. BIEL wouldn't spend money upgrading ActiPatch if they were "winding down". The "Ugly" thing here is that you lie on a daily basis. Exact quote from the Update below.
"The Company, working with its Chinese manufacturer, recently redesigned the manufacturing process to increase the reliability and shelf life of its current OTC product. The Company also did a proof-of-concept production run of its newly designed RecoveryRx product that is 50% more powerful and has a larger antenna thereby increasing the size of the surgical incision that can be treated. The plan is to test market these devices in the near future."
https://finance.yahoo.com/news/bioelectronics-chairman-updates-investors-140000529.html
FINRA Facts, Only 2 million shares were sold today by an actual shareholder
20.5 million shares were shorted by MMs today, did not own them and did not borrow them.
FINRA Daily Short Report
Date .... Symbol .. Short vol ... Total vol
20240312 | BIEL| 20550000 | 22671483
I listed several facts regarding how KT chose to market the Wave
KT's marketing of the Wave, or the lack thereof, severely impacted BIEL and BIEL's Shareholders. BIEL is the one that revoked KT's exclusive rights in the US and it was the correct decision because KT did not deliver the minimum sales results that the contract required.
I could have easily added more adjectives to describe KT's mishandling of the Wave but I did not.
Reading the BIEL Board daily I am exposed to copious amounts of bashing. Pointing out why KT lost their exclusive contract is not bashing.
* KT is an athlete brand ranging from professional to weekend warrior, younger demographic
* Actipatch has a customer base consisting largely of chronic pain patients, older demographic
* KT never marketed the Wave to chronic pain patients, a market which is many times larger than the athlete market
* KT priced the Wave at $34.95, $5 more than ActiPatch, and lowered the life to 250 hours, 470 hours less than ActiPatch's 720 hours, this pissed off existing ActiPatch customers that could have migrated to the Wave
* BIEL pulled KT's exclusive US rights due to not meeting order minimums, KT has done a shift, now selling a 720 hour Wave in UK Boots stores
* BIEL had its highest revenue years selling ActiPatch at Boots stores in 2015-2017
* The Wave is KT's product and BIEL has no say in how KT markets it, BIEL's only recourse was to revoke KT's exclusive rights in the US which they did
Must have caught the comprehension virus from Art
The title of my post was, "May come as a shock to you but business deals don't always play out as planned"
Companies like Microsoft, Sprint and AOL, with all of their lawyers and analysts, have had deals they love go south but you can't understand the failure of KT to market the Wave ?
BIEL fulfilled their end of the contract, manufacturing as many Wave devices as KT ordered, packaged to KT's specs and ready to place on a retail shelf.
KT's job was to sell the Wave. Pricing, Marketing, Distribution was all exclusively under KT's control.
Based on KT's many years of retail experience BIEL felt that they could be successful selling the Wave.
May come as a shock to you but business deals don't always play out as planned
AOL and Time Warner - 2 years into their merger they had lost $99 billion
Microsoft and Nokia - beginning as a Partnership evolving into an acquisition by MS in which they lost $7 billion
Sprint and Nextel - 3 years after acquiring a majority interest in Nextel Sprint had lost $30 billion
I have listed the KT issues previously but since you have comprehension problems here they are again:
* KT is an athlete brand ranging from professional to weekend warrior, younger demographic
* Actipatch has a customer base consisting largely of chronic pain patients, older demographic
* KT never marketed the Wave to chronic pain patients, a market which is many times larger than the athlete market
* KT priced the Wave at $34.95, $5 more than ActiPatch, and lowered the life to 250 hours, 470 hours less than ActiPatch's 720 hours, this pissed of existing ActiPatch customers that could have migrated to the Wave
* BIEL pulled KT's exclusive US rights due to not meeting order minimums, KT has done a shift, now selling a 720 hour Wave in UK Boots stores
* BIEL had its highest revenue years selling ActiPatch at Boots stores in 2015-2017
* The Wave is KT's product and BIEL has no say in how KT markets it, BIEL's only recourse was to revoke KT's exclusive rights in the US which they did
100 percent Miami, there is a lot of prep needed for entering any new market, especially one created by government legislation
Savy players will already be establishing contacts with the implementers of this new legislation.
This is a major opportunity to break through the AMA / Big Pharma Cartel that have controlled what pain relief options patients have available for the last 100 years.
Chris Fox, Executive Director of the Voices for Non-Opioid Choices Coalition, issued the following
statement in response to congressional passage of the NOPAIN Act:
"We applaud Congress for taking critical and meaningful action to prevent opioid addiction before it
starts by expanding access to safe, non-opioid options for acute pain. The NOPAIN Act is a proactive,
much-needed solution to combat the deadly effects of the opioid crisis that takes the lives of 220
Americans every day. By making safe, FDA-approved non-opioid pain management options more
accessible, Congress is allowing patients and families to work with their providers to have a choice in
how they manage their pain.”
“The Voices Coalition commends those Members in the U.S. House and Senate who championed the
NOPAIN Act and the patients, providers, family members, and other advocates who bravely raised their
voices and shared their personal stories to advocate for this legislation. The passage of this bill would
not have been possible without the support of those legislative champions and over 100 organizations
and thousands of advocates who make up the Voices for Non-Opioid Choices Coalition.”
Been saying same thing for 12 years and yet BIEL is still here
Those who bought the 'Sky is Falling' BS missed out on numerous BIEL runs.
The largest was Q4 of 2020 - February 2021. While ddls was screaming "Sell, Sell, Sell" BIEL moved from .0006 in October 2020 to .004 in January 2021.
In February 2021 BIEL peaked at .008 .
Says the guy heavily invested in crypto
BIEL should feel honored that crypto interests are concerned about competition from BIEL for new investors.
Thanks Hawk, BIEL delivers on another promise, Ortho Alliance
Ortho Alliance has 11 Orthopedic Facilities staffed by 200 doctors in Ohio and Indiana.
2/15/2024 BIEL COB Update,
"Company representatives attended the Modern Musculoskeletal Care Symposium this past weekend in Columbus, Ohio. We were once again invited to exhibit and Dr. Berend spoke to the medical professionals in attendance about “Non Thermal Pulsed Shortwave Therapy for Pre and Post Op Pain” Our attendance at the show was predicated on the expectation that the use of RecoveryRx will expand through the OrthoAlliance (https://orthoalliance.com/) organization in the next few months."
I considered that it might be Synergy but it didn't add up
<<<<<< Didn’t they say that a deal fell through in the last chairman of the board update? >>>>>>
The 12/22/2023 COB Update had this under 'Distribution Update', "However, talks with a major distributor in Asia and the CIS countries fell through after about six months of conversation."
The Synergy deal was a "signed agreement" not just "talks" when announced in 8/2022.
The Synergy deal was announced as for "25 countries throughout SEA, APAC, Africa, MENA, CIS", not just "Asia and the CIS countries".
There was no PR on Synergy, it was a Conference Call
You should have noticed that BIEL waited until several months after the 5 year contract with Mundipharma ended before exploring legal action for a violation of that contract.
The Synergy agreement was 975k units over 18 months, that 18 months ended in February 2024 if it was counted from the agreement signing.
LOL, sounds like an excuse from a six year old, 'Billy did it so I figured it was OK'
<<<<<<<<< I picked up my lying habit from this company. >>>>>>>>>>>
This is not about potential revenue it is about acknowledging that amputee patients can feel pain in a removed limb.
Art will not acknowledge that fact because he will say anything if his twisted mind feels it will promote the demise of BIEL.
This state of mind should sound familiar to you.
Even your fellow basher GSO could not stand the stench of your Phantom Limb BS
Zero empathy and zero integrity.
GetSeriousOK
Re: art2426 post# 326959
Sunday, February 25, 2024 10:35:46 AM
Post# 327029 of 327124
Art, Art, Art. Phantom pain absolutely DOES exist.
I think you might not understand what pain is and what causes it. Case in point: after a collision in the outfield chasing a fly ball, I had a feeling in my rib cage like someone was stabbing an ice pick into my chest. My GP told me I had a bruised rib but ice packs to my rib cage and tylenol didn't help much. I had to go to a chiropractor to learn that the problem was actually a bulging disk in my neck, pressing on a nerve.
Amputee phantom pain is similar. A nerve somewhere in the leg (or maybe even in the spine) is telling the patient that there's a pain in a limb where there is no longer a limb. It's still pain. It DOES exist.
Regarding Ilfeld's work: he will now probably get funding for, and conduct, a larger scale clinical study for PEMF treatment of phantom pain. It will probably take years, judging from how long his other studies take. The indication of phantom limb pain isn't going to make anyone rich but I don't think anyone is claiming that. Illfeld's interest in PEMF is certainly a positive development for this company.
I will consider the source on that opinion, who has the following strikes against him:
* does not believe that Phantom Limb Pain is perceived as real pain by the patient
* does not understand the concept of a simple money back guarantee
* does not feel that comparing AW to murderous dictator Kim Jong Un on the BIEL Board was inappropriate
Big jump in Bid Size today
Monday = 72 million shares wanted at 2
Tuesday = 172 million shares wanted at 2
The Stanford Thumb Arthritis and UCSD Phantom Limb Studies were both university or grant sponsored projects, costing BIEL nothing.
Stanford the #2 Research University and UCSD #7 both have an interest in PEMF research.
You told Phantom Limb Pain patients, many who are veterans who lost their limb defending the USA, that their pain does not exist.
Your exact quote, "Yes, they will make BIG MONEY on taking away pain that doesn't even exist."
You are a Soulless POS.
The 'Little Boy Who Cried Wolf' is back at it for the 13th year in a row
<<<<<<<<<<<< BIEL IS DEAD >>>>>>>>>>>>>
BIEL has survived 13 years of your, "BIEL IS DEAD", BS and will be here for many more.
27,000 posts trying to destroy a company, pathetic.
Making up a nonexistent company to give false financial information, pathetic.
Thousands of hours spent disparaging a company because they fired you, pathetic.
The 7th highest rated Research University in the US, UCSD, chooses BIEL's product to do a Clinical Study on Phantom Limb Pain, paid in full by UCSD, showing very positive results.
Important news that anyone with an interest in Drug-Free Pain Relief or Phantom Pain needs to know.