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A much better chance of relevancy than Imaginary "Sales Trac"
<<<<<<<<<<<<< Another BIEL bullshit hypothesis >>>>>>>>>>>>>>>
The take away was Zero Sells in 4 hours....
Not the amount of the Buys in that same period which was a total of over 2.7 million shares by the way.
This shows no interest in hitting the 17 Bid, 12 million shares available, for over 4 hours.
Since we have had a month of rampant Selling it is a notable shift.
Nahhh, more logical explanation is that Amazon has more competition
<<<<<<< Amazon/KT~Wave sales sinking, Declining Sales >>>>>>>>
Ebay is selling at 14% less, prompt comes up when placing order on Amazon.
Walmart selling for 14% less.
FSA Store selling for 14% less.
Vitality Medical is selling for 25% less.
https://www.vitalitymedical.com/
Somebody Flipped a Switch,Zero Sells in Last 4 Hours
11:15 was the last Sell Transaction recorded for BIEL.
Over 25 Buys since 11:15.
Sounds a lot like a coordinated decision rather than random retail traders all happening to stop Selling at the same time.
Just look at the Stores that currently sell KT Tape PH, and pick your favorite ones:
* KT Tape Therapeutic Kinesiology Tape - Kohl's
* KT Tape, Therapeutic & Kinesiology Tape - Big 5 Sporting
* KT Tape - Kinesiology Tape - DICK'S Sporting Goods
* KT Tape Elastic Sports Tape For Pain Relief - Vons
* Kt Tape Pro Kinesiology Therapeutic Tape - Riteaid
* Shop for KT Tape in Sports & Outdoors - Walmart
* KT Sports Tape - Meijer
* KT Tape Braces & Support Wraps - Fred Meyer
* KT tape works! Home Depot
* KT Tape Elastic Sports Tape - Safeway
* KT Tape Elastic Sports Tape For Pain Relief - Kroger
* KT Tape Elastic Sports Tape For Pain Relief - Smithsfoodanddrug
* KT Tape Elastic Sports Tape For Pain Relief - Albertsons
Thanks ddls, KT Wave moved up 18 positions on Amazon from yesterday to #77
9/22 4:06pm "#95 on Amazon pain reliefs"
Important Fact about the Amazon Best Sellers List, they limit the results to the top 100 products.
If one does a search in Amazon under the category name, 'Pain Relief Homeopathic Remedies', all of the 4,000 products in this category are displayed.
So KT Wave is currently #77 out of over 4,000 products which means The Wave Sales are in the Top 1.9%. Amazing achievement after being on Amazon for 7 months.
"1-24 of over 4,000 results for "Pain Relief Homeopathic Remedies"
https://www.amazon.com/s?k=Pain+Relief+Homeopathic+Remedies&i=hpc&ref=nb_sb_noss
19 Printing, MMs tend to know which way things are moving
NITE Ask Price .0020
ETRF Ask Price .0021
OTCX Ask Price .0022
STXG Ask Price .0032
3 million shares on the 18 Bid Size
2 million shares on the 19 Ask Size
Another Load of BS Opinions, Read the Disclaimer
"Everything I say and write is my opinion and my opinion only. Do your own due diligence when investing"
"my opinion only", as in don't expect anything said to be representative of the truth.
LOL, A little research on KT explains a lot
>>>>>>>>> 15% off first order! Must not be selling >>>>>>>>>>>
Hmmmm, $34 for The Wave when estimates for the bulk price from BIEL fall between $7-9 per device.
This gives KT plenty of room to discount and still make money because their product has a large profit margin.
KT offers discounts on its products on a regular basis through their company website, it's called Marketing.
If KT had a new product that was not selling well in the US would they have spent the money to expand into the UK 4 months after the launching in the US?
If KT had a new product that was not selling well at CVS would they spend the money to expand into Target and stock their shelves?
100 Percent Wrong, Opinions vary, Facts Confirm the Truth
<<<<<<<< Target does not stock KT-Tape Recovery+Wave in any stores >>>>>>>>
Inventory Search of of zip 77025 in the Houston area on the Target Recovery + Wave Page shows inventory on the shelves at the following stores:
Galleria
4 miles
In stock - only 3 left
Ready within 2 hours with Order Pickup
Store details expanded
(713) 960-9608
4323 San Felipe St, Houston, TX 77027-3406
Houston Central
7 miles
In stock - only 3 left
Ready within 2 hours with Order Pickup
(713) 331-0376
2580 Shearn St, Houston, TX 77007-3967
Houston South Central
closes at 10pm
In stock - only 3 left
Ready within 2 hours with Order Pickup
(713) 666-0967
8500 Main St, Houston, TX 77025-2703
Show all store info
NITE and OTCX have moved their Ask Price to .0020
Buyers Totally Dominating Again Today
Over 22 million shares purchased at 17
32 million shares on the 16 Bid
3.4 million on the 17 Ask
Buys = 39.6 million shares
Sells = 7.2 million shares
Go BIEL !!!
Buyers Dominated the Day
Over 13 million shares Bought at .0016 .
Buys = 26.7 million shares
Sells = 10.6 million shares
Neutral = 2.5 million shares
Largest Trade = BUY for 8 million shares
Last 20 minutes of Trading:
Buys = 2.6 million shares
Sells = 1,000 shares
Thanks for the Opinion, Here are the Facts
<<<<<<<<< Sales tanked in 2006 >>>>>>>>>>>
Sales actually rose in 2006 eclipsing 2005's $303k by close to 30%.
By 2008 BIEL had $716k in Sales.
In 2009 BIEL had its first $1 million year.
As far as Authorized Shares there was a slow climb every year as BIEL was using the Shares to pay off Loans that were financing the company.
The last increase was in 2018 to the current cap of 25 billion.
BIEL has invested $38 million in obtaining 5 FDA 510k Indications.
With this achievement in Research and Regulatory Clearance completed BIEL is now monetizing its products with the help of KT Health, DJO Global, CVS, Target, Walgreens and others.
The average cost to bring a Medical Device to Market through the 510k process is $31 million.
BIEL has FDA Indications for:
Eye Surgery
Post-Op Surgery
Plantar Fasciitis
Knee OA
Musculoskeletal Pain (every muscle, bone and joint in the body)
All for $38 million.
"How much does it cost to get a medical device approved?
Approximately 4,000 510(k) applications are submitted to the FDA each year compared to less than 100 PMA applications. The average cost to bring a medical device to market through the 510(k) pathway is $31 million compared to the PMA pathway with average costs of $94 million. Sep 12, 2019"
Buys Over Sells 2.5 to 1, Up 14 Percent
Buys= 24 million
Sells= 9.3 million
Go BIEL !!!
100 Percent Wrong
<<<<<<<<<< This will peter out just like the UK >>>>>>>>>>>>
KT has the resources for continued, aggressive promotion of The Recovery + Wave.
BIEL only had the resources to spend less than $50k on a Social Media Campaign.
Exactly the way it went down in UK COM
<<<<<< there is no question that other major retailers will follow >>>>>>>
Boots was first.
Then Lloyds wanted in.
Then Weldricks.
Then Super Drug.
Then Tesco.
KT Wave has been in the Target Marketplace NOT Target Stores
<<<<<<<<<<<<< It's been at Targets since April >>>>>>>>>>>>>>
Like Walmart, Target has a Market Place where companies can advertise products for sale.
"Target Plus Marketplace is one of the top-tier eCommerce marketplaces, along with Amazon Marketplace and Walmart Marketplace, that cater to third party retailers. Target, one of the biggest retail chains in the United States, entered the eCommerce marketing realm in February 2019 and expanded its product assortment by allowing third party retailers to sell on Target.com."
Last week was the first time Target has Promoted The KT Wave being Stocked in Target Stores.
The Target Page for the KT Wave states "New at Target"
"KT Tape Recovery+ Wave Pain Reliever
KT Tape
New at target"
https://www.target.com/p/kt-tape-recovery-wave-pain-reliever/-/A-82258377#lnk=sametab
LMAO, Never Watched the Video, No Mention of Target, there is a Link to the Amazon KT Wave Page, "Buy product here: https://amzn.to/3krPyly "
<<<<<<<<< Another worthless Target pump >>>>>>>>>
The speaker is a Chiropractic Doctor specializing in Sports injuries.
At minute 3:15 Dr. Kormanik mentions talking to a "Rep" about the Wave. Sounds like KT may be promoting the Wave to Medical Professionals.
D.C., M.S., CCSP, IDN
Dr. Leo C. Kormanik II “treats others as he would like to be treated.” As an elite distance runner and 2012 Olympic Trials marathon qualifier, his career as an athlete was littered with injuries. Due to these setbacks, he dedicated himself to learning the best ways to treat and prevent injuries both swiftly and effectively, therefore shortening recovery time for the athlete, and preventing future setbacks. As a result, Dr. Kormanik is not only proficient in the spine and extremity adjusting but is also certified in Active Release Technique (ART), Graston Technique, Fascial Abrasion Technique (FAT-Tool), and Dry Needling.
Dr. Kormanik is recognized by the American Chiropractic Board of Sports Physicians as a Certified Chiropractic Sports Practitioner (CCSP). This means Dr. Kormanik is one in a select group of chiropractic providers capable of treating athletes at the highest level of professional sports. He has also volunteered as a physician for USA Track and Field and USA Gymnastics at numerous championships and events. Furthermore, in 2016 he completed an internship at the Olympic Training Center headquarters helping to prep the USA teams before the Rio Olympics. Dr. Kormanik was also selected as the volunteer team chiropractor for Team USA for the IAAF Junior World Track Championships in Finland in 2018.
LOL, Target Advertising The Wave on Website and Google
Time for a New Pair of Glasses if anyone Can't Read this Link:
https://www.target.com/p/kt-tape-recovery-wave-pain-reliever/-/A-82258377
Google:
Kt Tape Recovery+ Wave Pain Reliever - Targethttps://www.target.com › ... › Pain & Fever
Read reviews and buy KT Tape Recovery+ Wave Pain Reliever at Target. Choose from contactless Same Day Delivery, Drive Up and more.
Actipatch for Sciatica
If you’re looking for a drug-free way to manage pain caused by sciatica, then you could try one of our favourite products – Actipatch.
The Actipatch is a pain relief patch that can be placed anywhere on the body and is clinically proven to help to ease muscle and joint pain.
Place your Actipatch over the area of pain in your lower back and use a plaster or bandage to keep it in place. Turn it on and leave it in the same place until your pain disappears.
The Actipatch is different to a TENS machine, which creates heat and vibration when you use it. When you wear your Actipatch you’ll feel no sensation at all, no vibrations, no heat, no drugs, just simple pain relief!
https://www.chemist-4-u.com/guides/pain-relief/sciatica/
Chemist-4-U has been very active in helping UK Patients get access to ActiPatch over the past 3 years.
#76 out of Over 2,000 Products In 'Pain Relief Homeopathic Remedies'
"1-48 of over 2,000 results for "Pain Relief Homeopathic Remedies" "
KT Wave is in the Top 3.8% of Amazon Category Sales after only 8 months on the Market.
Amazing Market Share in such a short time.
https://www.amazon.com/s?k=Pain+Relief+Homeopathic+Remedies&ref=nb_sb_noss_2
LOL, Target Disagrees with That Opinion
<<<<<<<<<< ZERO VALUE in BioElectronics >>>>>>>>>>>>
A Few CVS Chicago with KT in Stock
CVS #5836
1228 E. 53RD ST., KIMBARK PLAZA
CHICAGO IL 60615
Phone: (773) 752-1425
In Stock
Qty: 7
CVS #8519
11055 S. WESTERN AVENUE
CHICAGO IL 60643
Phone: (773) 445-1798
In Stock
Qty: 3
CVS #1965
7200 W. CERMAK RD.
NORTH RIVERSIDE IL 60546
Phone: (708) 442-8247
In Stock
Qty: 2
CVS #8751
4051 N LINCOLN
CHICAGO IL 60618
1.6 Miles Away
Qty: 4
CVS #8749
3950 W. DEVON AVE, DEVON AND CRAWFORD
LINCOLNWOOD IL 60712
2.3 Miles Away
Phone: (847) 763-0685
In Stock
Qty: 2
CVS #2862
3944 N. WESTERN AVE.
CHICAGO IL 60618
1.4 Miles Away
Phone: (773) 279-7600
Limited Stock
CVS #8949
15840 S. CICERO AVE.
OAK FOREST IL 60452
6.2 Miles Away
Phone: (708) 535-0138
In Stock
Qty:2
CVS #1054
101 N. CLINTON ST.
CHICAGO IL 60661
0.9 Miles Away
Phone: (312) 234-9206
In Stock
Qty: 2
CVS #8698
1165 N. CLARK
CHICAGO IL 60610
1.3 Miles Away
Phone: (312) 280-8140
In Stock
Qty: 2
CVS #8745
771 N OGDEN AVE.
CHICAGO IL 60642
Phone: (312) 243-5590
In Stock
Qty: 3
CVS #4793
1211 W. ROOSEVELT RD.
CHICAGO IL 60608
Phone: (312) 733-0147
In Stock
Qty: 2
CVS #2844
6748 ROOSEVELT RD.
OAK PARK IL 60304
Phone: (708) 358-7791
In Stock
Qty: 2
KT has started to Stock Target Stores with Recovery + Wave
The Wave is under UPC 814179025586
https://www.target.com/s?searchTerm=814179025586
https://www.target.com/s?searchTerm=kt+tape&Nao=24
Found this ad today on a 24 hour Google Search
"Kt Tape Recovery+ Wave Pain Reliever - Targethttps://www.target.com › ... › Pain & Fever
10 hours ago — Read reviews and buy KT Tape Recovery+ Wave Pain Reliever at Target. Choose from contactless Same Day Delivery, Drive Up and more"
Galleria
4 miles
In stock - only 3 left
Ready within 2 hours with Order Pickup
Store details expanded
(713) 960-9608
4323 San Felipe St, Houston, TX 77027-3406
Houston Central
7 miles
In stock - only 3 left
Ready within 2 hours with Order Pickup
(713) 331-0376
2580 Shearn St, Houston, TX 77007-3967
Houston South Central
closes at 10pm
In stock - only 3 left
Ready within 2 hours with Order Pickup
(713) 666-0967
8500 Main St, Houston, TX 77025-2703
Show all store info
I would turn that question around and ask how IBEX gets any money out of BIEL to repay the Loans unless BIEL becomes profitable?
* BIEL has only 800 million shares available until they max out their Authorized Shares which would only cover a small fraction of the debt
* An AS increase large enough to cover the $6 million + in debt to IBEX would sink BIEL before IBEX got a chance to sell any converted shares
* IBEX lost the first rights to BIEL's assets years ago to EXIM Bank for the extension and increased size of a loan, if BIEL goes BK no guarantee IBEX gets anything
IMO, the only way IBEX starts getting their Loans repaid is for KW to make BIEL not just profitable but very profitable which will also benefit shareholders.
KT Recovery Wave in Top 3.85 Percent of Amazon Homeopathic Pain Remedies
There are over 2,000 products in the "Amazon Pain Relief Homeopathic Remedies" category.
At #77 of the Best Sellers List that places The Wave in the Top 3.85% of products in this catagory.
"1,177-1,200 of over 2,000 results for "Pain Relief Homeopathic Remedies" " page 50 of 108
Go BIEL !!!
Go KT Tape !!!
https://www.amazon.com/s?k=Pain+Relief+Homeopathic+Remedies&i=hpc&rh=n%3A3763571&page=50&_encoding=UTF8&c=ts&qid=1631981022&ts_id=3763571&ref=sr_pg_50
Sales Revenue does not change with your 'Cost of Goods Sold'
If BIEL sells 100,000 devices to KT @ $8 per device they have $800,000 in Sales Revenue. It doesn't matter if they pay $2 per device or $4 per device to manufacture the devices.
In this example it is the 'Gross Profit' that would be affected, $600k @ $2 or $400k @ $4.
What would cause 'Deferred Revenue' not to be recognized as 'Sales Revenue' in the following Quarter is if the Purchase Order that generated the 'Deferred Revenue' was not Filled and Shipped Out during that following Quarter.
'Deferred Revenue' stays deferred until the Sale is completed.
LMAO, When asked for a 'Sales Trac' Link for the alleged Sales Data that get posted every frigging day we get Link to a Google search of 'Retail sales tracking tools'.
BIEL No Longer Sells ActiPatch Retail in the US as of 1/1/2021
BIEL sells ActiPatch to its OEM Partners who then sell Retail.
There is no Public Information on BIEL OEM Sales until the Quarterly Financials and then it is just $$$$ not the number of units.
Need to reset your Fantasy 'Sales Trac' to follow KT Wave & DJO EME Sales.
Let me help with the money flow
KT places an order for 35,000 KT Wave devices.
From what we have observed with the 'Deferred Revenue' entries of over $500k in the Financials a significant Deposit or Full Payment is required with that order.
BIEL pays the Manufacturer, CICD, when the order is shipped. There could be a deposit required by CICD when the order is placed also, no documentation is available on this issue.
When the order ships out from CICD to KT the transaction is completed and BIEL moves the Deposit/Full Payment from 'Deferred Revenue' to 'Sales Revenue'.
If the Order had a Deposit and not Full Payment BIEL Bills KT for the Balance Due. Terms could be standard 'Net 30 Days' or some variation depending on Contract stipulations.
BIEL is NOT Financing the Inventory in CVS Stores. That is a key reason of BIEL choosing the OEM path, they did not have the Capital to Stock thousands of Retail Stores.
This is KT's Product. KT Pays for it when Ordering or when it is Shipped.
BIEL is not waiting for each Recovery+ Wave device to be sold before they get paid.
Time to post a definition for OEM Partner again
<<<<<<<< BIEL cannot afford to stock every CVS store in the nation >>>>>>>>
BIEL did not have the resources to Market ActiPatch in the US which is why they moved to the OEM Business Plan.
KT Tape, one of BIEL's OEM Partners, Markets the Recovery+ Wave in the US, which is manufactured by BIEL.
All Marketing, Promotion, Advertising, Distribution, Inventory Cost, is done at the expense of KT Health not BIEL.
As far as CVS Penetration, I ran a few zip codes through Brickseek last month. All searches returned the inventory for the 25 closest Stores:
93306 - 13 Stores with Recovery+ Wave Stock
92591 - 14
06382 - 14
95132 - 13
92604 - 16
92881 - 14
90806 - 16
92704 - 16
90505 - 16
95624 - 13
34120 - 16
32608 - 18
32828 - 18
30114 - 14
10591 - 16
10523 - 18
89135 - 15
29063 - 13
75093 - 16
20152 - 11
22046 - 14
77029 - 18
85260 - 17
85718 - 16
22408 - 16
92128 - 20
95401 - 17
92346 - 16
92870 - 14
92677 - 15
Interesting move by NITE
NITE is one of the largest Market Makers.
Today they have moved their Ask Price to .0021 .
They aren't selling any shares of BIEL below 21.
Buys = 7.2 million
Sells = 1 million
Neutral = 1.2 million
https://www.virtu.com/market-making/
Proof Required or will be seen as another Opinion Full of BS
They are All MMs, 15c2-11 is for the Sponsoring MM Only
" Once FINRA is satisfied that the disclosures satisfy the requirements of Rule 15c2-11, it will assign a trading symbol and the Market Maker can quote the company’s securities. Once this occurs, the securities of the private company going public are quoted by the OTC Markets on the OTC Pink Sheets. Once the sponsoring market maker has published quotations for the company’s securities for at least 30 days, other market makers can publish quotations for the security."
https://www.securitieslawyer101.com/2015/otc-pink-going-public-lawyer/
I am done with this nonsense.
Citadel Grows OTC and Listed Desks
By Editorial Staff -November 1, 2012
Citadel Execution Services is in free-agency heaven. (CDEL)
The firm has hired a slew of new market makers and a new head of strategy and product development. The hires will help the wholesaler build a new over-the-counter desk, which will trade domestic and international equities, and fill out its listed securities desk.
https://www.tradersmagazine.com/departments/brokerage/citadel-grows-otc-and-listed-desks/
**********************************************************
February 7, 2020
About Virtu (NITE)
Virtu is a public company and leading financial firm that leverages cutting edge technology to deliver liquidity to the global markets in approximately 25,000 financial instruments, at 235 venues, in 36 countries worldwide. Virtu's broker-dealer subsidiary Virtu Americas LLC is one of the largest market-makers in over-the-counter ("OTC") securities, making markets in several thousand of them.
https://www.sec.gov/comments/s7-14-19/s71419-6788704-208239.pdf
************************************************************
GTS Securities, (GTSM) LLC Wholesale Market Making (“WMM”, or “GTS”) business unit is a global leader in providing liquidity to markets across financial instruments and throughout the world. GTS is a market maker and execution service provider in approximately 9,000 NMS securities and 9,000 OTC securities. GTS provides liquidity directly to broker-dealer client orders in a principal and riskless principal manner tailored to the requirements of each client order.
https://gtsx.com/order-handing-protocols/
***********************************************************
March 20, 2020
Canaccord Genuity LLC (CSTI) (“CG”) appreciates the opportunity to submit this comment letter....
In the United States, CG is a leading liquidity provider in the over-the-counter (“OTC”) space, responsible for making markets in thousands of OTC domestic and foreign securities, including American Depositary Receipts (“ADRs”) and “F shares”. CG principally services wholesale retail order flow in OTC securities, which is directed through broker-dealer intermediaries
https://www.sec.gov/comments/s7-14-19/s71419-6984655-214633.pdf
Those who have TD Ameritrade Trading Accounts can download the 'Thinkorswim' software which gives Level 2 access.
This shows how many shares each MM has on the Bid and Ask for BIEL.
Important to remember that this Bid and Ask Size is what each MM wants to display and does not necessarily reflect the actual Investor interest in Buying or Selling BIEL Stock.
Example,
CSTI showed 9.46 million shares on the 17 Ask today.
CSTI has $1 billion under management.
CDEL, one of the largest Broker/MMs, had 2.32 million shares on the 17 Ask.
CDEL has $35 billion under management and handles 40% of all US stock trades.
This would be a Red Flag that CSTI could have inflated their Ask Size.
PI, Take a look at the 'Regulatory Events' CDEL has had in the last dozen years.
https://files.brokercheck.finra.org/firm/firm_116797.pdf
59 Regulatory Events and those are just the ones that the SEC found enough evidence to convince CDEL to settle.
We see this in many industries, companies that consider Regulatory Fines a cost of doing business. They pay the fines and follow the money rather than the Regulations they are supposed to operate under.
The best antidote to MM Manipulation is a thriving, profitable BIEL.
Unfortunately you are probably too optimistic Miami
The 'MM Disinformation' is one of dozens of Red Herrings trotted out periodically to try and scare away investors.
There is usually some 'Hook', in this instance it was the '15c2-11 Form', "I can't find it therefore BIEL has no MMs".
Companies who want to have their Stock Traded on the OTC Market have to fill this form out and have a sponsoring Broker/MM submit it to FINFA.
BIEL has been trading on the OTC for over a decade, that does not happen without a Broker/MM sponsoring BIEL. The Sponsor has a 30 day exclusive for Trading the company that it Sponsors. After that 30 days any OTC Market Certified Market Maker can Trade the Stock by registering and paying a small monthly fee. No new 15c2-11 Form has to be filed.
So one can fixate on finding a decade old Form, or one can read the OTC/FINRA regulations that say you have to have a Sponsor file the this Form to Trade on the OTC Markets, and look at Level 2 which shows the MMs that are currently Trading BIEL Shares.
Here are BIEL's Market Makers that were Active Today
GTMS - GTS Securities LLC
CDEL - Citadel Securities
NITE - VIRTU Americas LLC
CSTI - CANACCORD GENUITY LLC
ETRF - G1 Execution Services, LLC
OTCX - OTC Link ECN
STXG - Muriel Siebert & Co, Inc.
3:40 Level 2 data - 16 Bid /17 Ask Size for larger Players:
GTSM - Bid = 4.64 million ..... Ask = 2.01 million
CDEL - Bid = 2.83 million ..... Ask = 2.32 million
CSTI - Bid = 1.28 million ..... Ask = 9.46 million
NITE - Bid = 2.05 million ..... Ask = 1.23 million
This is the same article that was removed earlier today. It says exactly what FINRA says. You can't Trade in the OTC Markets without a Market Maker.