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100% Correct Post!!
Market Cap about equals Forward Looking Sales
With Canada coming online in stores soon, and the resulting profit this is going up just on that about 400% plus imo.
Market has not recognized the value here yet, BUT IT WILL
This will move higher and higher as the market wakes up to the reality of this incredible story. Little can be done to stop it. If anyone is short they really need to cover as this will crush them in time. FDA ruling can come out any day, and I would NOT be surprised to see it next week. Ruling due in 15 days or less right now. Perhaps it takes longer BUUUUUUT I don't think so!!
That should actually be the end of dilution as the company is now positioned to turn profitable. The market currently has this company undervalued but not for much longer. Should be selling at 400-700% higher right now. Go ahead and MARK this post!!
Sales Going Forward are estimated at 8-11 Million
That is the Market Cap size.
Way under valued here.
This is simply twisting of words.
False information.
Here is the 510K Announcement
FREDERICK, Md., Aug. 10, 2015 /PRNewswire/ -- BioElectronics Corporation (OTC Pink: BIEL), maker of consumer medical electronics products for pain management, announced the filing of a 510(k) Premarket Notification for ActiPatch® Therapy with the U.S. Food and Drug Administration.
The market clearance request is for the adjunctive treatment of musculoskeletal pain and edema. Musculoskeletal pain accounts for 80 to 85 % of all chronic pain affecting 116 million Americans. Its prevalence exceeds that of heart disease, diabetes and cancer combined. ActiPatch addresses a large unmet medical need and provides a safe efficacious new therapeutic modality to mitigate the devastating side effects of drug treatment. Walgreens Boots Pharmacies in the United Kingdom has chosen ActiPatch to provide chronic pain sufferers an affordable $30.00 drug free, superior pain relief that is 100% safe. We wish to provide US citizens the same safe, drug free, effective and affordable pain relief.
"I am pleased with the strength of this filing and confident that it will satisfy the agency's staff," said Andrew J. Whelan, President. "Our request for over-the-counter market clearance is strengthened by our explanation of the novel mechanism of action, three clinical trials on using ActiPatch for osteoarthritis, plantar fasciitis and post-operative pain, user data, and the international sales of hundreds of thousands of devices. The filing is further strengthened by the publication last week of the results of the United Kingdom and Ireland Registry assessment of 5,000+ users in Pain Management http://www.futuremedicine.com/doi/full/10.2217/PMT.15.35. The article reports the outstanding effectiveness of participants' use of the devices for back, knee and other muscle and joint pain for a range of medical conditions including osteoarthritis, rheumatoid arthritis, fibromyalgia, sports injuries, and post-surgical pain.
The urgency to provide a safe, effective and affordable treatment for pain without the dangers of narcotic and non-steroidal anti-inflammatory drugs should be a major factor in the FDA taking prompt and positive action.
About BioElectronics Corporation
BioElectronics Corporation is a leader in non-invasive electroceuticals and the maker of an industry leading family of disposable, drug-free, pain therapy devices: ActiPatch® Therapy, over-the-counter treatment for back pain and other musculoskeletal complaints; RecoveryRx® Devices for chronic and post-operative wound care; Allay® Menstrual Pain Therapy; and HealFast® Therapy for dogs, cats and horses. For more information, please visit www.bielcorp.com.
Contact:
BioElectronics
Paul Knopick
940.262.3584
pknopick@eandecommunications.com
SOURCE BioElectronics Corporation
RELATED LINKS
http://www.bioelectronicscorp.com
Predict Q3 850K Q4 1.2M Q1 Profitable
Pure Fabrication to scare investors.
My Math says probably profitable going forward
1077 + 60 =1137 new stores
X 3 Products X 12 per store = 40,932 to stock shelves
Three turns = 122,796
Four turns = 163,728
Three turns X $10 = $1,227,960 X 4 Quarters = $4,911,184 Per Year going forward
Four Turns X $10 + $1,637,280 X 4 Quarters = $6,549,120 Per Year going forward
Now if the number is $12 or say $15 you get the idea.
Market has NOT paid attention.
Whole lot of Tree Shaking for what is essentially going forward a PROFITABLE Company.
Because FDA Ruling can come any day now
But it WILL Given TIME
My Math says probably profitable going forward
1077 + 60 =1137 new stores
X 3 Products X 12 per store = 40,932 to stock shelves
Three turns = 122,796
Four turns = 163,728
Three turns X $10 = $1,227,960 X 4 Quarters = $4,911,184 Per Year going forward
Four Turns X $10 + $1,637,280 X 4 Quarters = $6,549,120 Per Year going forward
Now if the number is $12 or say $15 you get the idea.
Market has NOT paid attention.
Which would make the Market Cap 11 Million if all 11 billion shares were out and I am pretty sure they are NOT. Forward sales at 8-11 million based on new stores added should have this at a market Cap 6-10 higher!! And then there is that thing called FDA coming. Strong Buy imo
Yup not yet but it is only a matter of time at this point
Shares are currently being GIVEN AWAY at a huge Discount to current Market Value considering the Market Cap. It is only a matter of time and the market will catch up. imo
Gross Sales going Forward at about
8-11 Million if my Math is correct.
My Math says probably profitable going forward
1077 + 60 =1137 new stores
X 3 Products X 12 per store = 40,932 to stock shelves
Three turns = 122,796
Four turns = 163,728
Three turns X $10 = $1,227,960 X 4 Quarters = $4,911,184 Per Year going forward
Four Turns X $10 + $1,637,280 X 4 Quarters = $6,549,120 Per Year going forward
Now if the number is $12 or say $15 you get the idea.
Market has NOT paid attention.
FDA approval can come any day since the FDA just spent all that time getting the reclassification done. They are fully aware and fully capable of making a quick decision here. I believe the 510K was a strong submission would not be surprised to see the ruling come early.
Warning Warning Typhoon Biel Is Heading Inland Shortly
Prepare--- Prepare
You have been warned!!
And a TINY Market Cap!!
About 11 million Market Cap ONLY!!
Meanwhile over 8000 Walgreens are kept waiting
and THAT is just for openers.
Come on FDA
17 days or less and counting.
Major Pharmaceutical has to be watching and paying attention imo.
250 Million is what I would pay for this company were I in such a position to do so if it gets OTC FDA approval. And that imo is the OPENING price point.
.003-.004 is where this SHOULD be trading based on forward looking earnings imo. Just a matter of time.
Market Cap at 11 million when current value is SUBSTANTIALLY higher. Just a matter of time until the markets recognizes this stock. Future is VERY bright.
This has moved from a Lottery Ticket to a Lottery Ticket with winning numbers.
.003-.004 is where the forward looking Market Cap should be. The markets will catch up in due time. Canada, B Braun and FDA. All to look forward to. The future is BRIGHT!!
Market has not recognized the value here yet
But it WILL!!
You would have needed to follow the story line as to how those numbers were derived. Yes thee numbers are and will be higher, the point is the company is now looking forward Profitable. That is a MAJOR accomplishment for a PINK stock.
ALERT****MONSTER*****ALERT
Company going forward is now PROFITABLE!!
Market will recognize
all we need is a couple of Whales!!
And THAT makes this company PROFITABLE going forward
Don't forget the other 60 stores.
Canada NEXT!!
Forward looking earning should have the Market Cap 4-10 time higher.
do the math!!
The press realize says "Products". 3 products
to stock the shelves alone means the company is NOW going profitable!!
Do the Math!!
About $5 million a year just to stock the shelves.
Well this should make the company profitable by Q1
Nice find by the way.
Maybe yet this week or perhaps next week.
This one should be done early, all things considered. New ruling out for class II this probably has been worked on concurrently.
Market Cap only 8.8 Million
Way cheap at this point !!