Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Can I ask you what affiliation you have to Biel
You seem to know more info then others
Did u actually read my post?
What has more value?
A company with a product with proven sales or a company without proven sales?
It has nothing to do with agreeing or not..
Ive posted too much today...
have a good weekend
And I am sorry, I disagree about current sales
If you are a company looking to market and distribute a product
Would you invest in a product that has proven sales to the target demographic?
Or a product that has no sales over 10 years and the company lost money each quarter?
And even if you went with the latter option which is extremely unlikely..
What would you place the value at the company at?
What is worth more? A company with proven sales to the target demographic or a company with no sales?
Think about it
The innovation challenge is not won in November
Manufacturers are told if they are accepted into the challenge
Being accepted into the challenge does not mean FDA approval..
See below from the fda site...
If selected into the Challenge, the process will begin with the collaboration phase, an agreed-upon period of interaction (not to exceed 90-days) the goals of which will be: 1) to create a mutual understanding of the medical device, the patient and user needs, the important risks and benefits; and 2) to establish the regulatory pathway forward.
FDA review divisions and management will work closely with developers of devices accepted into the Challenge. In most cases, applicants will eventually submit one or more formal applications to the FDA, such as an Investigational Device Exemption (IDE), De Novo, 510(k), or Premarket Approval (PMA). The review of each of these applications will be expedited to minimize review times. The regulatory standard of demonstration of reasonable assurance of safety and effectiveness still applies.
Already did
Hell.. they give me a few million shares I’ll send the damn emails out myself...
People that buy an actipatch will stick it wherever they want
The fda isn’t going to stop them
Again, why limit yourself .....
Does this company not want sales?
They lost 750k last quarter
Go to the bottom of this link
https://uspainfoundation.org/resources/support-groups/
Look at the link for
- See full list of support groups..
That is a good start for a marketing campaign for people looking for pain solutions...
And it costs nothing except sending out a damn email
Simple google search for pain management groups comes up with lists of groups like this...
https://uspainfoundation.org/resources/support-groups/
http://painconnection.org/support/index.html
https://coloradopain.co/inside-pain/finding-a-support-group/
Contact those groups and let them know about BIEL...
Offer them a free 7 day actipatch to try
These people are looking for pain management.. if it works they will buy it
And tell their friends looking for pain management options and they will buy
Why aren’t they doing this?
Why haven’t they been doing this for years?
You don’t need a marketing firm to contact groups that are trying to help people searching for pain management solutions...
Talk to the people involved in those groups and offer free product for those users to try?
Why isn’t BIEL doing this now worldwide?
Don’t need a marketing firm involved at all...
Don’t even need to have someone actually talk to anyone... just send an email or post to these group’s boards links to information on BIEl and links on how to get free product for a trial
An article from the American chronic pain association..
Why doesn’t Biel offer free product to groups like this?
Get more people wanting to buy it, increase sales and word of mouth free advertising?
They even mention PEMFs in their over view of pain management....
https://www.theacpa.org/wp-content/uploads/2018/05/ACPA_Resource_Guide_2018-Final_Feb.pdf
How is Biel educating doctors \ users that there are alternatives to opioids?
https://komonews.com/news/local/new-regulations-on-pain-medication-aims-to-reduce-opioid-abuse
It would be great timing if the fda approval would come out tomorrow
I don’t know what connection you have to the company...
How do you know questions were revived by Biel?
And is Biel going to update investors on the status?
You list 5 million in quarterly profit for the entire year...
But we did lose 750k last quarter..
Do you really think that posting positive or negative views on this board really affects share price?
Isn’t that from 2008?
Don’t confuse my concerns with lack of sales as me being short
I am long but do not understand the delays and the constant excuses...
Sales is what is needed...
These big deals require an fda approval?
Don’t u think that other companies know about BIEL and would get into the door before they had fda approval if it made sense to them?
Are the deals already done but it is pending fda approval?
That doesn’t make sense to me... companies are out to make money...
No.. how does fda approval equal increased sales?
How do I determine who the board mods are?
How does the fda approval solve cash flow issues if they don’t have money for manufacturing now?
Exactly my thoughts..
I’m actually going to stop posting on here because I think it does no good...
I want to see solid sales...
Not confusing reasons for no sales and predictions of tsunamis of sales
There are 65 million people in the UK
Why limit the product to 29 million...
It is not technically paid for by nhs because none of the counties have approved it
Are there any sales in the UK?
And once again, it makes no sense to only have an item available via prescription... requiring a person to see a doctor to get one..
What if u twisted your ankle, you have to go to the doctor to get a prescription?
Stupid decision if made by Biel..
Revenue stream lost....
I don’t care how great of a product you have..
If u don’t have sales.. you won’t stay open...
Unless you just keep issuing stock....
I still don’t understand pulling OTC in Britain and only selling by prescription? Meaning I have to see a doctor to buy it...
Wonder what would happen to aspirin sales if you had to get a prescription to buy some?
Why didn’t Andy mention this when asked about British sales?
Instead he talks about potential number of users and pulling otc?
I am not trying to convince anyone
I have serious questions about sales
I listened to the interview with Andy whelan and when asked about sales he starts to quote potential number of people going to see a doctor..
How are you going to sell the product?
Why would you not sell otc and prescription? Why would you require a person to go see a doctor to buy an actipatch?
That makes no sense..
What would happen to aspirin sales if you had to go see a doctor to get some?
Less people would buy aspirin...
If you already have no sales, why would you make a decision that would make increasing sales even harder?
Simply repeating slap the ask based on no actual data is the nonsense
Well, if someone can explain to me how an fda full body approval is somehow better then already being approved for reimbursement in Britain and they can’t sell product there I would be interested
Us fda full body approval seem like a non event as it will not increase sales at all unless some other organization partners with Biel
Biel does not seem to be able to sell their product..
Why are there no British sales in they have a British National Healthcare system where they are paying for actipatch?
Why is an fda approval better the a British health system that will reimburse for actipatch?
If the British nhs is reimbursing for actipatch why are there no sales ?
Why isn’t BIEL focusing on increasing British sales where they are already approved?
Why does the fda full body approval affect pps at all?
You still have to sell the product and Biel isn’t....
Don’t talk about potential sales when talking about the future... talk about how u r going to increase sales
Why would it affect pps at all?
Sales will affect pps..
If the British nhs is reimbursing for actpatch why isn’t the British sales driving a profit at Biel? Why do t we see British sales going thru the roof?
Why is fda approval in the us any better the British health system reimbursement?
It’s all about sales... and we don’t have much
If fda full clearance is the key to all these deals occurring don’t you think that one or two of these other companies would have already made a deal just pending the clearance?
Don’t you think that they have contacts to find out where BIEL is with fda clearance?
I would love to see a pps spike after a fda clearance but I just don’t see it happening without other deals being announced
End of the week is tomorrow
Sorry, I still don’t get what the news is that would justify the gain the last couple days....
I have been invested in the twins for 5 years and have seen these spikes on no news many times... like all the people have that have been invested for awhile...
That is from July
Hmm... sometimes when there has been a pop in share price on no news and low volume we see a dramatic drop in share price...
Not a lot of volume
What news is behind the increase?
If any?