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art. biel is suffocating under red flags. was there any real hope for the business with andy and
how he saw things? i'd say, no. with kelly, hope finally got a decent burial. she's the perfect
storm: uninspired to clueless about growing a business, but egotistical and too self deluded
to seek help or to really delegate.
it's so too bad biel's products haven't gotten the business support they needed and deserved
because they'd really greatly benefit a huge number of people. one of the major drug
companies--or multiple companies--will come out with versions of biel's products sooner
rather than later. the tech is too good to not become a widespread option to the
problems opioids present.
oh well. i hope kelly does nicely in her life. i think she did throw herself into biel initially, and
it's really not fair to blame her for lacking the skill plus know-how to manage biel to
even minor success.
nrdc92. true about shorts winning. right now investors, what can be called, 'the market,'
does not think lebby will offer anything concretely positive at the asm.
i myself don't know what to think.
please. anybody attending the asm, please try to ask the questions that directly affect
the business of lwlg. commercialization? problems to commercialization.?industry headwinds?
where precisely is lwlg in terms of being a revenue producing company?
please try to be clear that investors who are long don't want cheerleading of any kind! don't want it, don't need it! no proclamations! no attitudinizing!
just whatever facts help us understand as precisely as possible where the business is right
now!!!!!!!!!
bobby. biel stopped being a functioning company months ago. kelly initially thought it'd be
fulfilling to bring her father's passion to fruition--what she called, 'profitability.' when actually
managing biel proved very difficult, combined with the fact that she possesses no talent
for business, her legacy idea turned into one giant headache. since she has no idea what
to do she does nothing. she does have some kind of smarts and she is a trained and possibly
very good accountant, so she's been trying to figure out how to squeeze out the most money
for herself and for her mom and maybe other 'insiders.' her entire attitude toward shareholders
is, tough shit, deal with it.
i lost a few thousand dollars because i loved the product but failed to think realistically about
who owned and ran it. the world has countless sub-par to really lousy products that are
sold/managed by shrewd, capable business people and enjoy great success--at least for
awhile. i learned my lesson. i hope some other investors did too! glta
nrdc92. it's sort've weird how you consistently post the same thoughts i'm having, and do
so very articulately. i've got such a full plate these days so my actual posting is limited to
light skepticism born out of anxiety, but one of these days i hope to return the favor. nice would be
if the tenor was altered to reflect that deals had been made. post deal posts containing post
deal thoughts.
best to you!
who says kelly isn't like her dad? constitutionally unable to make a deal. no matter what it is.
some people can't help feeling taken advantage of, always push for too much. i'd be surprised
if kelly, who really couldn't be doing a worse job, fits that to a T.
two intertwined possibilities that have bothered me ever since real progress began with the tech.
big companies decide to simply wait it out, then buy lwlg for a song. a tiny company is always vulnerable to the strategies of the big guys. also, top executives are usually shrewd and ruthless, adept at internal politics and presenting a face to the various publics--but they're often not all that smart. so it's possible they can't fully understand the advantages lwlg offers--then it's way better
to do nothing rather than make a deal that could turn out to be a mistake that costs them their job.
marcelli spoke correctly when he said, 'once we get rolling, we'll really roll.' but what if for
reasons like those above they never get rolling at all?
it's not shorts killing this. the market is reacting to another nauseatingly empty lebby pr. huge
claims, the same claims, enough wordplay to mull for those so inclined--and nothing concrete.
pure same same.
lebby's prestige and status as a scientist are not in jeopardy with his colleagues and peers--those
he lives around and whose opinions matter to him. with investors? that's a whole different
story.
he's so smart. why does he keep doing what he does to those who support him and the
company? he must be aware of the affect he's causing to happen. unless in this regard he's
not smart--great scientist, incompetent businessman? very possible--looks more like it
every month/year...
sad for us longs who might very well become bagholders...soon.
simpsonly, terrific, intelligent post. kelly like her dad is a very angry person, and would
rather see biel go bankrupt than lose her death-grip on the company. her hostility to
shareholders is palpable, and even if an opportunity presented itself that was good for the
whelans, i firmly believe if it also benefited shareholders--that is, longs--she'd either not
constitutionally be able to act on it or she'd outright sabotage it.
if she was aware of these feelings it might make a difference. as is, there is no possibility
that these wonderful products will succeed. many scenarios lead to bankruptcy, i'm unable to
imagine a single one that would change the fortunes of biel for the better as long as she or
someone like her is running things.
x99, yes to all you say. but!
there has never been a deal. no deal, not one. that this doesn't seem strange to the point of
baffling is strange and baffling in and of itself.
the market doesn't believe. the amazing potentials--they're disregarded. that is, as reflected
in the pps.
there is a vast disconnect that is vastly disconcerting.
would someone, anyone explain. it baffles me. how can anyone have any interest in this
company?????
biel doesn't communicate. has no transparency. has a pps in the toilet for years, has a ludicrous
share structure owned by the ceo and her family. and has not shown one single real sign
of doing anything to affect it's possibilities while by law publishing a record of decreasing
sales?
other than providing income for the whelans while maintaining a connection to andy, the
dead pater familias, what possible prospect is there except bankruptcy? which could
be declared literally any day!
i own millions of worthless shares and have been baffled for years, first by andy, then by
his looney-tunes daughter, kelly.
what's the deal?????
nrdc92. you said it better than i could.
after years of nothing, the idea that something literally unprecedented for lwlg will materialize
this may is pipe-dreamy. those holding on to this idea will experience more anxiety and
anguish as the asm approaches. then we'll see a huge drop in the pps, after a 75% drop these
last months. lebby's inability to communicate to shareholders is a serious problem, and
very unfortunately it's echoed by a variety of management red flags. it's a pretty grim, nervous
time. will lwlg ever really succeed? i've no idea. no one does, including mr. ubiquitous. the
serious spinning is just beginning to warm up. lebby will remain every bit as brilliant as a
scientist if this fails, he will remain every bit as much in demand, his life will continue to
be charmed, and to those who matter to him, his reputation will remain stellar.
honestly red, i don't know what any of it means. i'm clueless about a great great many things,
what goes on with lwlg is just another. deals first, of course, but what i'd like and want to
hear from management, that would fill me in, give me a clearer idea of what to do as an
investor. right now, could i recommend lwlg as an investment: no! would i discourage someone
from investing: no!
to anyone i'd simply offer a big shrug and a shake of the head...
glta!
micro. yes, another red flag. and not an insignificant one. it's entirely possible that brilliant
scientist lebby, has no business acumen. that nobody wants to be in business with him!?
lovelwlg. yes. it sure does.
lebby is having a wonderful time, a great life. does he have a single thought about the
long-suffering longs who've made his experience possible? who knows? there is
nothing to go on either way. not even a tweet...
nrdc92. management has paid lip service to investors, value. otherwise, nothing. proclamations
that look more absurd by the day. by the asm the pps will have dropped to lord knows what
and nasdaq will soon drop them too.
the silence is scary and infuriating. they've got their salaries and their suspicious bonuses,
us longs have nothing except the sinking feeling of losing everything. holy grail? ubiquitous?
patience? omg!
nrdc92. it sure does. these are very smart people. they'd sell if they thought good news was
going to increase the pps? i don't think so.
time i stuck my head in the sand. the situation, it's too much for me. i can't stand it.
glta!
best approach for me is to stop looking. the day after day is scary and yes, a little painful.
i do wish the smart-knowing posters would stop posting until a deal is made, or...that
would underscore genuine confidence; everything now just sounds defensive or worse:
liars and the guilty are always the loudest and most adamant. it's a very tough time to be
a long significantly under water. my head is going in the sand as of right now.
good luck to lightwave and any longs!
proto, thank you for taking the time! you are a star in your own right!
proto. what happens if nothing happens in may? then june, july, august etc.? what will you
think?
the stock is not acting one bit like any kind of grail, let alone the holy grail. i'm not doubting
your understanding nor acumen, but do you think it's possible science will not win out?
so much of this world, and so often in business, is science ignored, 'trumped' by other
considerations.
anyway, what happens if nothing happens in may?
it's always such a pleasure to get conned. if somebody stole 20 bucks from anybody on the
street, people think that criminal belongs in jail. people who lie and swindle and con us out
of thousands of dollars, somehow we feel, that's on us. but you know what?
it's them who belong in prisons. being dishonest smart vs desperate, as a society we cage the
desperate while driving past the big houses of the moral reptiles? what a fine state of affairs...
it's always such a pleasure to get conned. if somebody stole 20 bucks from anybody on the
street, people think that criminal belongs in jail. people who lie and swindle and con us out
of thousands of dollars, somehow we feel, that's on us. but you know what?
it's them who belong in prisons. being dishonest smart vs desperate, as a society we cage the
desperate while driving past the big houses of the moral reptiles? what a fine state of affairs...
dude. the bonuses, jim's selling behavior, the lack of insider buying, these are terribly
worrisome.
there are lots of reasons to be skeptical about lwlg's commercial future, but nothing worries
me as an investor more than those issues.
we continuously build anticipation, then pffft--nothing, not even a pr. why is the asm going to
be any different? because if it isn't, this will get creamed. not even proto will be able to
spin that as the goal posts move back beyond the horizon.
shorts have been ascendant for so long, there hasn't been a single sign that things are turning
and they're even wavering. us longs, we have belief and hope, the shorts, they're making
money, quite a lot of it actually...
oh boy!?!
simpsonly. well said!
and don't forget, kelly was raised by andy. unlikely she'd be anything
but combative, stubborn, unwilling to consider anything beyond her compulsions. in other
words, she is her father's daughter, which undermines the potential of biel the company,
is devastating for shareholders and is a sky blocking red flag for investors.
she's rather die than change...
thanks lightning. that makes sense.
jeunke and proto and others. i'm confused about the participation in investor conferences.
i've no idea what's holding deals up, but if lwlg has customers close to readiness to do
business, why participate in these conferences? what's in it for them?
thank you.
daytime. a debacle, yes. it has been the whelans, it has always been the whelans. no company and no product no matter how fabulous would survive their ownership/management style.
they've squeezed what money they could out. andy was at least passionate--a super bieliever,
but a poor businessman. kelly? she's just a smart, very angry piece of work who might be
a good accountant--which is the job she belongs in.
art. short of the sort of thing that people call a miracle, like steph curry or tom brady saying
repeatedly, publicly that they've been healed by actipatch; that or a branch of
the military deciding to spend millions
for this non addictive pain reliever per annum, the only possible scenario for a significant
rise in the pps would be if the whelans turned complete control of the company, including
their 20 billion (20 billion!!!) shares, over to a competent, dedicated, honest, creative person
or group. and that ain't gonna happen. kelly would rather die or see biel disappear--which is
what's coming. maybe not soon, but up the road a piece.
and when i say significant rise, i'm not talking, .005--that's way high for this ludicrous share
structure and all those note holders...more like, .0015. that's 3x what it can't really hold
now...
very very few companies rise from where cbdd has sunk to. it happens, but it is
rare. besides the pps, there is nothing except confusion and dilution. neither marcel nor
paul could get a grip on a serious business plan and communicate how it was being
executed ongoingly. what happens generally with entities such as this is a few people
do whatever they can to squeeze as much money as they can out, which is the only
reason they keep it alive, albeit barely breathing for as long as they can.
if there was a definite, clear-eyed, determined, hardworking, competent, and thoroughly
honest, above board person at the helm, at this level the company would be an attractive
investment for those who like pinkie longshots.
as is, well...
glta
yes ddls. you have been right all along, wasting god knows how much of your life being right
about something that is of zero consequence to anyone not in the whelan family.
the chance of being struck twice by lightning is greater than the chance that the pps
of biel will ever rise to .001 again.
kelly whelan's responses to valid questions belong in the ceo hall of fame.
xena. the market has been manipulated for as long as...and with computers, the
manipulation has gotten easier. it's more manipulated than ever. but what is going on
with lwlg, this speculative stock that rose on the wings of pure belief and hope without
having earned a dollar of revenue, without receiving venture capital money--basically with
nothing except the brainy proclamations of its brilliant ceo...what's happening actually is
comparatively rational and sensible. investors think there may be no there there. except
for all that jacked up hope and belief, there is not a single reason to think otherwise.
i hate what's happening. the buyers are gone. belief, even among the diehards, it's either
wavering or turning 180.
i'll stop now. i'm hurt and angry and a lot poorer. and it's entirely my fault, which makes it
much harder to take.
good luck!
and so, the scramble to get out begins. not quite yet, but on the verge. from ugly to uglier and
possibly omg...and i'll bet we do not hear a peep from management. after all, they own
hardly any shares...
nrdc92. i do not think management has anything positive from an investor's standpoint
to step up with. depending on your perspective, lebby's proclamations are either those of
a pie-eyed optimist or a blowhard or...well, i like and respect the man too much to accuse
him of possibly being anything worse. i wanted to believe so i believed. i had plenty of
opportunities to sell and make a nice profit. it's me and how i operate that i better worry
about. presumably i can have some control and learn from my mistakes.
sad. there's no bottom. what investors want from a ceo, we're not getting. lebby enjoys
his life immensely. he's completely disconnected from what a lot of us longtime investors
have been going through. watching lwlg sink and sink and maybe sink back to the days
when it couldn't get to a dollar is awful. not for him, but for those of us who've made it
possible for him to enjoy himself the way he does. on his part there's no malice, no sickness of any kind, just the typical human ability to rationalize and be self involved. asking him to feel our
pain and do something about it is as absurd as waiting for the asm. that day of reckoning
is going to be the real bottoming out--of so many hopes and beliefs. but it'll only be temporary.
enough people, oldies and newbies, will find ways to spin this forward. lebby will roll on, as
will the company. probably.
youngkim, thank you for posting what in an oblique way says everything anyone a little bit
sane needs to know about biel and who and how its ceo, kelly whelan, operates. she is
just smart enough to not be prosecuted throughout her career in business, but is an
angry, unhappy person from whom it is utterly absurd to expect anything positive. in the
executve ranks there are plenty like her, some of whom get what's coming to them, most of
whom do quite well or very well in their business lives. their personal lives are another
matter. i feel bad for kelly, i just wish i'd never invested in the company she and her family have
mismanaged to their own advantage since the beginning. better for me would've been to
have simply written a check, rather than agonize for years over biel's sad history and sad present that will soon finally come to an end.
carlinnm. sounds good. you're the sort of investor i'm comfortable with. i apologize for
posting my distress; doesn't do anybody a lick of good, but your sane response makes
it worthwhile.
best of luck with lwlg and everything else! chsmoke
carlinnm. opinions. beliefs. hopes. understanding. ignorance. frustration. anger. humans
have them, are them, feel them.
in the next two months this will fall between a buck and a buck fifty if there is no announcement that's very different than anything that's come before.
if lebby then doesn't deliver at the asm, it'll go below 50cents, possibly way below. some will
view all this as a wonderful buying opportunity.
others will view it as another tech start-up speculation that didn't pan out.
that's what makes horse races.
good points pitcook!
i'm not going to address your query and consternation because as things stand i'm simply
too worried about the company and my significant investment. until lwlg either succeeds
or fails, not one person knows how this is going to play out. in other words, everyone
including lebby is in the same boat--i'll call it the 's.s. hindsight is 20/20.' so basically, mums the
word...
time and time again i've told myself that i'll never again invest in a speculative start-up in tech or
pharma, but evidently i've got hearing problems.
vein. he would if he could. complaining is a good way to cope with your very
justifiable anxiety. the way this is trading, it's a scary speculative investment. that
insiders hold so few shares and don't buy more. that the great big world of techies
aren't jumping in, it's scary. i could go on and on about the nervous making signs,
but that wouldn't make me or anybody else feel better about how things are looking.
for me, worst of all are ceo lebby's big pronouncements versus his complete silence
about concrete business guidance, including any mention of the headwinds that thus
far are blowing this thing backwards.
i liked steve43 too. and there aren't a lot of positive anythings to say about death. but
biel being the company it is, with the management it has, and at this point its virtually
inevitable death, is not something steve43 would've liked to be around to see. as it was,
the company frustrated him completely, as it has and as it does anybody with even the
remotest connection to the reality of its history and the whelans.
now it's struggling to maintain a pps of .0005. i think kelly will declare bankruptcy on twitter
before it reaches .0001. though she's a strange bird and who knows? get your patches
while you can!!!