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Can some mod sticky today’s news? If something was ever sticky worthy it’s this. Next sticky is full body clearance!
Naming KN to BOD keeps him here forever and I trust his skills. Second to none. I think KW gets out of his way.
BIEL!
Confirmed Sree didn’t go anywhere. I was just puzzled why he wasn’t on the PR list but maybe that’s bc his title didn’t change.
Where the heck is Sree’s name? Reaching out to him.
Hate to say it but you are right. However, is it good to both say BIEL needs to cancel billions of shares and hold shares through the loan exchange at the same time? Doesn’t sound very ethical to me if that’s the case but at the end of the day capitalism wins.
Just a general thought but your ability and time spent researching all of this and sharing is astounding.
Three cheers
Yeah but we are all betting on the fact that the tech works and is what it is. Just mediocre management makes this a few cents a share.
The future is very bright
I work in an environment where obtaining and maintaining the CE Mark is required for business to operate. It was an oversight. Attention was on the FDA and not the day to day like maintaining approvals. We are not failing regulatory tests for such approvals we just dropped the ball and now we pick it up and have new blood and move. This is a huge transitional period but we still heal pain, everywhere on the body, and have Keith and Sree.
Agreed PI. It would be great to see some old names back plus fresh faces with the experience. I hope it accelerates up quick. I have enough shares to start a little selling and actually see a return on this decade long story I have been reading...
It’s a new day at BIEL!
Our Founder did his job and got us here. Our current talent is very sustaining - young, well connected and intelligent. We are going back to the previous opps to see what can be done. Who of those people won’t understand? It was only a few months ago.
I said 10 years in Feb 2017 for true potential and it seems that comes closer.
The margin and operating expenses are in line. Financially we don’t have a lot of overhead to pay. We just needs units sold and so much of the sale is margin.
Let it generate
BIEL!
Confirmed - nothing before the funeral on Saturday.
Best to the Whelan’s
I think it’s Nov 15. Could be wrong
Very sad to hear of his passing. I was a 27 year kid dressed in street gear when I first met him on a Saturday morning just because I said I was an investor. I thought maybe he is thinking some whale is coming in and I was a kid. Never for one moment did I feel disrespect or that he was let down that I wasn’t a huge investor. Just kind, courteous and thankful.
Much respect to Andy and blessings to his family. He did get done what he set out to do and the FDA clearances prove it.
Best to his family and employees
Getting there!
I agree with mt. I think we learned some hard lessons the first time around and made different moves now. He didn’t want to be with the big boys. He wants his own thing and yes it would have been better for us but we got the tech and we will get there. It will happen.
IMO these are short term few years out possible numbers.
$4M in sales a year
Profit is $1.6M at 40% margin
P/E is who the heck knows but I will use a conservative 250.
Puts you at $400M cap and a share count of 25B at $0.016
That is 20:1 on your money right now. And that ain’t nuthin
Imagine you are Bayer or Braun etc.
You come across this hole in the wall outfit that has the only thing that brings us here to this board every day - the tech. They don’t know how to market or sell or make deals. They spent a decade in the dark ages of wandering but ultimately still chasing the right enemy. Effective drug-free wearable safe device that heals muscular pain.
You make a pass to short change them and inch your way in to control them and steal this dangerous opponent quick. Why not say sorry for you but it’s not time yet. I am not advocating that AW is the answer I am saying whether or not he does or doesn’t do has less long term impact on the stock than Keith’s skills and Sree’s expertise.
You know yankee, I haven’t seen him in over a year. My first thought was Keith is perfect and I hope we can keep him and make him rich via his own efforts. I have met Sree before but always am in awe of the level of knowledge, detail and ability to explain the very complex so any form of audience can understand. Andy looked worrisome. There is no sharpness and a lot of effort put in to being the man at that moment. I am hopeful but my biggest fear is KN bolts. But at this point it would be crazy if he did this is beyond his meal ticket. He worked for Purdue for a while. He knows the game and hustles. Sree has decades worth of possibilities with new applications etc. always thought they needed a manufacturing guy to handle supply chain and retain approvals. And a CEO that just runs the company for efficiency and allows the sales colleague to close the deals and bring the margin. Even if this never happens with AW, in the end we just wait longer bc who in their right mind would let go of this? I am rarely right about BIEL but in feb 2017 I thought ten more years and it’s fully realized.
Enjoy the evening
We got the first PO from a partner today. That’s great! Everything else in the update is cut and paste.
$0.03???
$300k in sales in one quarter equals a $750M company? Not even close. We will get there and when AW gets his full clearance and a few licensing deals he will feel fulfilled and get out. The big long term question is what is the plan from there. We are sitting on the sidelines so we don’t know.
Good news is we have the best in the business for our company - Sree and Keith
Could be wrong but I think it’s Nov 15. It’s the only thing that matters these days.
JnJ gets hit with $575M and now Purdue is trying to pay $10-12B to make the lawsuits go away.
I wish there was a pain free alternative with no side effects that works and is pending approval all over the body...
There must be a reason why some investors sense of urgency is so high. There is a lot of attention being pointed to mundi and CE marks but the licensing potential is insane. I know the point is about execution and staying on top of trade approvals but it was a miss, they fix it, there are bigger fish to fry in the US. Maybe the money is needed very soon for some reason or they took the convertible deals and are way down. I can certainly understand. But, do your own DD and learn your own timeline for success. I am in a very good spot for my own expectations. I still invested 12 years too early...but the payday erases that memory.
Hmmmm?
Horus
Probably my favorite post ever. You speak my exact same thoughts but much better than me. I am an engineer; and as soon as I met Sree and understood how it worked, how it healed and the fact that no one else has this - that was it for me. I always perceived that AW was David against Goliath. Full body is his trophy and I am much more confident today than last year on how we make money. License it to everyone. I even talked to him about the semiconductor industry bc it’s the same deal. Sell the workhorse mechanism and collect.
Can’t believe it was 2006 when I bought my first shares and visited AW on a Saturday.
BIEL!
Yankee
Thank you for sharing such detailed DD with the group. I can’t think of why I shouldn’t believe this. However good this DD is doesn’t change much of the outlook of the product and tech. We have Keith now and he is bringing offer after offer. The foundation of this palace is built on solid rock and the tech can’t be matched. I am still more optimistic than before and yes I bought in 12 years too early...oh well
Real happy with the numbers. Excellent margin and I think the million dollar sales per quarter is the target. This would put us right at bring in the black for the quarter. I was looking a medical company today and earnings of $24M made it a $4B mkt cap.
Question for those who might know - if we received a licensing fee payment how would it show up on the quarterly?
Be careful with all of that. We are too far on the outside. And I think it’s actually around $37M...but I doubt it’s that good of news
I always try to suppress this voice but I think realistically we have to wait until 2021. If deals are here and coming it will take time to get running until we are collecting money. You could get out sooner. I am convinced we won’t be some media outlet darling story of little ole biel. It’s gonna take persistence. And I think we will make it!
BIEL!
I also tried to get more info out of them about this supposed new agreement but I was met with the answer if we will publicize it once the money starts rolling in. I can’t blame them for that. Short term shareholder thinking says “I’ve been here long enough give me my higher pps!” But better long term thinking says “enough with the bs hype I will tell you when we are making money!”
I wholeheartedly believe that when we say it only takes one it only takes one. I did not think, that even, a few years ago AW saw the licensing route as the best to take. I even remember talking to him about how semiconductor OEMs do it. Of course he knows, but here we are. It’s the right route.
Think about getting one under your belt, see money come in, advertise for more licenses. Then sit back and collect very steady and stable margin business. It’s potentially the perfect model for pain management. A real beauty of a long journey. Confusing at times but we are still here.
Here here! Scooped up a nice chunk of 7's yesterday as well. It's about time to turn in to a licensing and supply machine! Just make the core IP and let the big boys do all the marketing...
Very much agreed! Positive and on top of it!
I am relieved that I got my order in this morning. The window is closing at these levels. I keep saying this but I think this was my last buy order...at least I hope it is because that means that we have sales deals and goodbye trips.
It’s a weird Sunday night. Who knows what this week brings us. I am hoping to fly in and scoop up as many trips as I can get but I don’t know how the buying will go. Is this finally the beginning of biel as a profit machine? It’s obviously still a huge secret.
It only takes one
If this is true, and I have a lot of trust in you, this might be the biggest news we have ever received. Doing the calculations now on where I can actually grab shares Monday morning.
This made me laugh but it’s terribly true. However getting in too early is not a bad thing!
Can you feel it Viking???
Our day is coming!
BCH - I hope your investments provide the relief needed. I think we are on our way
Just out of curiosity I looked up beyond meat. 40M revenue a quarter. -6M net income and 35M cash on hand.
11.8B market cap!
It doesn’t take much, at the right time, to get noticed.
Remember - BIEL is bigger than AW. And I thank AW to where he brought us.