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Volume was almost 4 million shares traded. ZIP-iddy do dah ZIP-iddy A! BIEL still got plenty more dayZZ left. Plenty more where that came from. Y'all stay tuned.
So far so good then. Good to "hear" from you as well. Once everyone is back in, it would be nice to hear from AW and the gang - as to a low cost marketing strategy for the U.S. as far as HealFast for pets is concerned, which would include commission and/or incentives for products as they are sold. At the very least, a small and - to the point - brochure information packet explaining the product could be mailed to the larger veternarians and/or pet shops in the U.S. and also around the world. Then if there is any spark of interest they can contact Bioelectronics, who can then send samples, etc. IMO
Your'e always welcome here Imrich. At least we know you have had a real stake in BIEL and can jump back in at any time should the situation improve.
Volume almost 1.4M now; not quite near 70k.
Thanks Bones.
3k shares? You're a little off wouldn't you say? Volume is closer to 800k and the market is still open.
1). NO 2). NO, MAYBE; BUT WE WOULDNT STILL BE HERE IF WE DIDNT THINK SOMETHING GOOD WAS GOING TO HAPPEN THIS YEAR!!!!!!!
I'll save it if you will. :)
If it was selling due to tax write-offs, then that means we'll see high volume of buying at the end of January when the 30-day wash sale window is cleared.
This is what I am expecting in 2013. . . . .Best to you Dubb.
An OS of 2.6 billion. I've seen much worse in other pinks, but I agree this large sell-off is not good but it was expected and will continue until foreign sales turn around for the better. If CEO is buying then next update should be better than expected? LOL I'm still in this until profit or bust! (I will add some more soon). Best wishes to all.
I agree with art that it's people doing EOY tax selling instead of EOY dilusion. (The sad part is that if majority was even dilusion, then it was a paltry $40k's worth for estimating about 20M shares sold by them).
Holy frijoles fuente. That's alot of beans!
I am counting on that as well. They seem very careful not to get anybodys hopes up. Thank you very much for sharing your letter with us and giving some hope in this matter. This letter was posted at a time when we needed to hear almost anything from the FDA, and it at least shows that some progress is being made. (Still holding and have even increased position to over 800k shares now).
After reading your letter from the FDA it became very clear about what you meant by the publc comments as being "window dressing." It seems that the new comment rule is not used as "evidence" necessary to down classify "these" devices. By down-classify, it seems they have no intention, great comments or not, to give out a Class 2 approval, meaning BIEL will have to have Pre Market Approval (PMA) for their Class 3 products, which will be unable to be sold OTC?
The rationale provided there explains that at the present time, FDA has not been able to identify sufficient evidence necessary to down-classify these devices. As part of FDA’s process for changes in regulatory status, the proposed rule solicited comments from the public..
I was just thinking that in order to prove any sort of an FDA conspiracy, (if they were trying to hide something like an intentional stall on devices), to bring things to light would most likely require an investigation and a whistle blower (who would fearfully give in under pressure); or a whistle blower followed by an investigation. Since even if a conspiracy exists, I don't see enough evidence yet to warrant an investigation based on as you mentioned - BIEL "fumbling" or bumbling their case, which only made it easier for the FDA to "drag" things out, whether intentionally or not. FDA=Federal Drag ASSociation as opposed to Food & Drug Administration. It really should be called: the FDMDA for the Food, Drug, & Medical Device Administration.
I used to think that; and it is a possibility, but aside from the FDA being slow, and other road blocks along the way, BIEL management could do more to expedite the popularity of its products. (Even if big pharma was behind the FDA stall, this company should do more in approved countries like Canada - which has been previously stated by others - I realise - countless times).
I agree how you look at BIEL as not the "alternative." It is modern science, a technological advancement for the betterment of humanity. Too bad the FDA has yet to recognise this else they should have moved it along and not stifled it as they have done.
BIEL management needs to be more effective and start doing some of the suggestions as posted here before by some of the investors in the coming year. Improvements in market strategy need to be addressed (which doesn't mean to add more ineffective distributors like Greenwood). BIEL also needs to attract more shareholders. They also need to revamp their sales strategy in other countries. Whatever happened to hiring salespeople based on commission? They can even "sell" RxRecovery to hospitals, and offer healfast to veternarians here in the U.S. as well, but "awareness" is key. Can't buy it if you don't know it exists! 23k in sales last quarter (or whatever it was) tells me that the distributors, AW, and the FDA have done very well at keeping the public virtually unaware or even unconscious of BIEL products.
I still would not tell the FDA that we don't need them. . . . I think the FDA is important, like many others here - first for the immediate play, because they are still the last stop of approval necessary to make or break a product in the U.S. Second, the other speculation is a buyout right after a new FDA code is issued to BIEL not only because of how good the product is, but Because this will be the FIRST of its kind with EXCLUSIVITY. Thirdly, the FDA approval should attract bigger investors enabling the company to market and compete in the U.S. and eventually uplist like they wanted to before. (I do agree that the company and distributors could have and should have done way more outside the U.S. by now as well as with RxRevovery awareness with U.S. hospitals and doctors, and Healfast, which requires no approval and is ready to be sold.
ST showing pps at .0025 now!
Same here Imrich.
That reminds me . . .
Kidnova, I wish I knew when the run up and/or announcement would be - because I have lost all confidence in the FDA's so-called 30 or 60 day or even a two year timeline. Do you have an idea and if so would you be willing to tell us? Would that runnup perhaps occur before the 5th of April of 2013? TIA
I'm sorry to hear that Imrich. What about whats going on in April of 2013? I'm just gonna sit on my shares for now. The FDA is still the biggest joke there is. Look how they accomplish nothing over years of waiting. Where is the fairness? They should stop whatever else they are doing and complete the task of issuing a code that works for everyone. Anything else is just blatant procrastination with laziness and lacking any kind of leadership AT ALL ! Maybe it's time to petition the current Administration about the resignation of the head of the FDA and any leaders who refuse to do their job and who keep looking for excuses!!!
I was looking over past financial information from 2011, and at risk of sounding like cmk this is not my intention. Many things are coming to an end or "mature" in 2012. The lease at BIEL office headquarters for one. There are others. Anybody else care to read to refresh what was suppose to happen but we were not informed as to it occurring when it did, because there are only a few weeks left in 2012:
http://www.google.com/url?sa=t&source=web&cd=5&ved=0CD8QFjAE&url=http%3A%2F%2Fbielcorp.com%2Fwp-content%2Fuploads%2F2010%2F05%2FBIEL-2011-OTC-Annual-Filing.pdf&ei=e3PGULmoJcqL0QGV0ICYCA&usg=AFQjCNGLt-axrWNdPkoxa4u8ZEd5KvRPlQ
I am still holding some as well. I am comfortable with my position. Wishing you the best.
Thanks UK. I added a link referring to the Cesarean Trials in my previous post - as I was still adding links to the list.
Then what was this? Just to show a few links. Please explain stockdarockk:
http://m.prnewswire.com/news-releases/bioelectronics-corporation-announces-agreement-with-the-lahey-clinic-for-actipatch-clinical-studies-55475032.html
http://www.onemedplace.com/blog/archives/707
http://thestockmarketwatch.com/news/newsArticle.aspx?id=51032908&topic=BIELu
http://www.stockrants.com/forum/us-penny-stock-picks/1544-biel-bioelectronics-corporation.html
http://finance.yahoo.com/news/BioElectronics-Announces-iw-1005111113.html
The last time - the train apparently "left the station" in September of 2009, according to a blogger: How many more stops ahead? No one knows for sure:
http://www.biomedreports.com/200909048195/biel-train-leaving-the-station-again.html
All aboard the FDA BIEL train! This train, to look at it another way, has taken us for a long ride that should eventually reach the FDA coding station. Its just that the transfer station changed the direction of this train to another track, a DeNovo track, and the conductor (Andy) like the rest of us, is not exactly sure where the next stop will be - or where the train will end up. That, and there were cows on the track more than once along the way interfering with the trip. The whistle is sounding (people stating their views to FDA) as the end of the line draws closer. . .
Hi madp, I just think that BIEL will continue to have people buy shares from time to time because though the FDA is having trouble coding BIEL products, they appear to be moving ever so "slowly" toward a solution.
I agree that Ivivi and BIEL should join forces to gain more leverage and a stronger voice toward the FDA; but I think that would only have an impact (get FDA's further attention) based on the size and power of Ivivi for it to be effective. (I don't really know much about them).
Excellent post fuente. So another (3) months before FDA discusses the comments publically on these Class 3 devices. How long after that do you think it will take them to go over the PMA and/or before a new code could be issued? (I would hope it's way before the (20) year patents run out).
LOL! Too funny Dubb10. And I think if the Myan FDA still existed, they would have approved these PEMF devices. They simply would have issued a "New" code under the DeNovo application whether it was submitted as diathermy or non-diathermy.
Well Steve43, feel free to post anyway. I think being shrewd is the correct thing to do right now. You still have 1.5 mil left which is more than enough the way things are going. Too bad we got let down ......right now I'm only holding between .5 and.75 mil. shares after the last financial sales report.
I just looked at a bottle of Ecedrin Back & Bodyache and if you take more than (8) in a (24) hour period - you risk injury, or damage to your liver. Wake up people and realize that your FDA is corrupt, your Parmaceutical Companies, and the government that is supposed to protect you from these kinds of things. To be clear I am glad there are pain killers, but when doctors are afraid to give you the ones that really work and when there are products in the pipeline to offset dangerous side affects of pain relief meds that do NOT damage liver then - why -In THIS So-Called Country of Opportunity - is this more wholesone alternative not utilized. The answer is obvious to me!
Happy Thanksgiving Everyone! What's next? What could they possibly tell us in the next couple of months ? Something major has to take place or else; and the "else" is knocking louder and louder at the door. (Does anyone know of a stock comparison software that looks at each day of the year when a stock rose in pps and compares it to the same days of different years to see a repeat pattern on a specific day of the year?) For example, the day before Thanksgiving and the day after are typically bullish and I've noticed that every year UTX increases on Wednesday, before Thanksgiving. I always attributed it to Black Friday and that the executives could look their investing relatives in the eye at the Thankgiving Day dinner because the stock was up....lol
http://ripetrade.blogspot.com/2008/11/thanksgiving-day-trade.html?m=1
Something is severely WRONG at the FDA:
It took 684 days for FDA to respond to potential outbreak that later occurred:
http://in.news.yahoo.com/fda-warning-meningitis-linked-firm-came-long-inspection-143055877.html
TP; I don't think anyone here is looking to be a smarty pants. The risk, however, because of the crapiest sales ever, has just exponentially increased. This truely sucks. This company may have only a few months to remain, and if it is FDA or bust then Andrew should bring his gang back to the FDA and refuse to get up out of his chair until they give him a DeNovo (brand NEW) code!!!!