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Steve
Trust you are well. Signed deals and or inked deals fall under the NDA rule, no question about it. Kelly stated that the FDA response will be prior to February 3rd, this is the first time in the company’s history that a date was posted for the FDA response.
I take it very seriously on her 180 day turnaround of the company and the share price.
March 31st is not far away! Give or take a day-lol
Let’s see how many press releases come out by then.
Any thoughts about what the team is doing at this very moment or what has been accomplished?
Mind you, I could be wrong and don’t I really know what I’m talking about so we will see.
We will soon see if I stand to be corrected.
Have a great day!
This is day 124, the gap is getting smaller for the press releases. Better still, the timeline is getting smaller for the press releases.
Trust this helps.
KN-Linkedin
This piece is a nice description of the BIEL portfolio. Its certainly going to be a great week, but more importantly a great couple of years. The head to head comparison with COX II and NSAIDS is a first in class win that presents a huge opportunity to make supported market claims. Combined with our 510k for all musculoskeletal pain it will give partners a huge product differentiator.
https://lnkd.in/eAeMDCe
What is going to make this week so great?
Could it be next week?
How many partners?
Another deal for Erin?
Who are all these partners?
Don't look at today's stock price but just keep an eye on the stock price late March early April.
Go Kelly
We let the FDA news out after the market close Friday. Didn’t want our current fellow shareholders to wait all weekend to hear the YES! PR Monday is to inform the investing public of the FDA decision.#morenewsatalaterdate #ndasstillinplace #erinisacloser #keithisonit #trustmyteam
Normal investor
Trust you are well and keep well!
Kelly is on or about day 117, so expect at least 3 pr's in the next 63 days. (approximately)
Kelly has not included any contingent deals based upon FDA approval in her timeline. Now this may mean that there could be additional NDA's on the table that we are not aware of at this time. My guess maybe another 2 or 3 on clearance. Keep in mind that we just got through January, so there is a good year ahead of us to read great press releases.
One thing very important is that buyouts usually happen when a company is growing or about to grow so keep this in mind.
Trust this helps.
Well, here we are guys.
The products are legit, the company is legit-actually they always were and will be.
The word contingent takes on a whole new meaning as of yesterday.
How many major partners will be announced in the coming weeks? Who are they? What is considered a major partner?
The pps may fluctuate in the coming days but give the pps a few press releases and the pps will only go up, how high will be determined by who the partners are and what the deals are.
I have to ask myself what is going to happen at the end of the quarter that made Kelly give herself a 180 day timeline to turn the company around.
I do believe that there is time to get into the stock but who’s to say? Right!
Congratulations to everybody on the board.
I also want to congratulate Kelly and Keith and the rest of the team for all their hard work.
Have just a little, little more patience, not that we did not have any before. LOL
God bless you Andrew Whelan, you will always be remembered.
Best to all!
Get ready!!!!!!!!!!!
Hi Steve
Does it help if I say that the deals are with Major Partners?
Maybe I should go a little more in depth?
Makes me wonder about Friday's conference call if this partner is located out of town or out of the Country?
Have a great day!
Let's do it Kelly-
Hope so! We think it’s very likely a positive response!
Hi Guys
Just so that I have an understanding, all that Kelly stated is based on what is on the table at the moment. FDA clearance is another story and it will be a great story. Let’s add that onto the table!
Talk about multiple major partners, who would have thought?
Any thoughts on how many more units will be added or should I say shipped upon FDA clearance?
Major press releases-could be as many as 5 releases in the weeks to follow!
Major partners-Who are they? lol
We will all know in the coming days.
Get ready.
Thank you Kelly Whelan!!!!!!!!!!
Kelly Whelan, she does what she does and she does it well.
You've got to love her!!!!!!!!!!!
Here's to you Kelly.
Hi Steve
Trust you are well, have a wonderful and safe weekend. It’s Family time so enjoy.
BTW, I figured out the difference between material and substantial news, it wasn’t easy.lol
I can’t see “K” sharing too much in the update on Monday. Hopefully she shares very little. Well, actually the less she shares the more she shares. It’s a Canadian way of thinking, up here we use the term less is more!
Now keep in mind that the updates tell us what the company is planning to do, (you know, the plan!)
The press releases will tell us what they did!!!!!!!!!!!
Sometimes press releases have something to do with timing, so I suspect!
Enjoy your weekend
What’s with all the holidays in the States? You have too many. lol
Update Monday!!!!!!!!!!
Steve
Top of the afternoon to you
I’m trying to figure out what is Material and Substantial News?
Still working on what the statement below means, hopefully, I will understand it better after I read it a few times.
As adjectives the difference between material and substantial
is that material is having to do with matter; consisting of matter while substantial is having to substance; actually existing; real; as, substantial life.
As nouns the difference between material and substantial
is that material is matter which may be shaped or manipulated, particularly in making something while substantial is anything having substance; an essential part.
As a verb material
is (obsolete|transitive) to form from matter; to materialize.
Trusting that we get both a few times over again!!!!!!!!
Trust this helps
???
Normal investor
Believe it or not, the only thing expected by me in the coming weeks will be at least 3 press releases.
BTW- It really doesn't matter what I believe. LOL
Stay well, stay calm, we did it!!!!!!!!!!!!!!!!!!
Well guys, here we are!
P.K. update coming
P.K. update of FDA clearance coming either before the bell or after the bell.-(momentarily)
FDA is a given!
#_ _ _ is a given!
Drop shipments from the manufacturer to our partners impending. Branding and trademarks included.
NDA’s to be lifted. Additional NDA’s to be in place with partners.
We’ve only just begun!
Have a very Happy and safe New Year!
Merry Christmas and a very Happy New Year to All.
#ABC
KN quoted-“I like our chances at providing relief” on twitter.
Question to all is, “Who gave KN the chance???????????????
Great afternoon All
Press release (s) impending!!!!!!!!!!!!
The only statement that I will make is “Here’s to you”
Top of the morning to you Steve
Well, here we are waiting on another update to be posted by the company. I don’t believe that any names will be mentioned in the update. Company announcements and only company announcements through press releases will tell all.
At the moment NDA’s are in place! The NDA’s which mean more than one, so who’s to say or who’s to know how many?????????? These NDA’s are in place for confidential reasons, made by two parties. I’m not using the word-secrecy or mystery. It’s time for a new word, confidential sounds appropriate.
The NDA’s are in place to protect both parties. They are designed to restrict any information or knowledge from getting to the public or should I say competitors?
We as shareholders that also include KW, KN and even the good Doctor are one of the parties. Let’s keep in mind that this is protection for all! We do count! Is it imperative to have NDA’s in place? Yes!
We’ve had it tough for many years, more downs than ups which is a huge understatement for many of us.
Strange as it may seem, what we thought we were going to get, we did not get but now we are getting them. Go figure.
Upon FDA clearance we never thought that we will get???
The products work, they are great but how great they are will be determined by the partners and deals that are impending.
Yes, there are facts in evidence but then again there are other facts that are not in evidence yet!!!!!!!!!
So we didn’t get NVS, leaves 8 left on the list. The list is getting shorter!!!!!!!!!!!!!
Steve, trust you are well.
It is no secret that Erin has just closed a huge deal. Maybe I should not use the word secrecy a better word would be mystery to the names attached to the deals happening.
We did not get PFE, so that leaves us with 9 to go.
Have a great weekend.
Well, here we are in December.
CE mark is a given.
FDA response will happen when it happens. I verily believe the response will be positive. Keep in mind that the neck study supersedes the back study with great results from the neck study. Sometimes I wonder whether there was an error by a certain organization that led them to accept the neck study for full body clearance? How could this be?
Deals are closed, deals are happening at this very moment and more deals to close upon FDA clearance. These impending deals only need to be inked, they will happen fast!
Will there be any announcements prior to year end with any names? Good question!
Once announcements are made, I myself will understand all the secrecy and why.lol
Hawk
This is all that I can say at the moment.
The only thing that matters is Family, Friends and Loved ones. It’s that time of year again where we should really appreciate what we have. Happy Thanks giving to you and all the posters on the board and my American neighbours south of me. Have a great weekend, stay safe and healthy.
Justgodeep
Two things to look for.
If financials are on time and the new CEO certifies the financials, things can't be too bad at the company.
Let's see who certifies this statement below.
1. I have reviewed this annual disclosure statement of BioElectronics, Inc.
2. Based on my knowledge, this disclosure statement does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this disclosure statement; and
3. Based on my knowledge, the financial statements, and other financial information included or incorporated by reference in this disclosure statement, fairly present in all material respects the financial condition, results of operations and cash flows of the issuer as of, and for, the periods presented in this disclosure statement.
Waiting on news...……….
Steve, there is a new CEO. You will all know via press release or financials.
All positions are filled.
Trust this helps.
My apologies, Do you think that the new CEO will sign off on the financials???????????
What comes first? The press release or the financials.
It's really getting exciting, lots going on.
Trust this helps.
NO!
Makes me wonder what the statement below in the update really means?
“ Our channel partner has expertise in creating custom orthopedic appliances and has been asked by a global provider of high-quality orthopedic devices to develop a product for proposed post-operative use, and two other anatomical sites which fall under existing OTC indicationsf”.
Our channel partner may be also considered to be a third party that seems to or maybe has the rights and license to either redesign or develop a product for post-operative use and two other anatomical sites!
Now who is this Global Provider? How big is this company? Could this company be one of the top ten big Pharmas?
Lot of questions to be answered from BIEL or should I say a lot of answers from BIEL.
I do believe there is some type of message in this update. What do you think?
Yes, there is a B.O.D., they are just filling in vacancies. Who do you think is running the show? Kelly????? It doesn’t work that way! Yes, her input will be heard so let’s just wait to see or hear.
J.M. is one of the authorized persons on board. Any idea if someone else on the Medical board or the Management team is also on the board?
One of our channel partners has finalized a deal with an American multinational health care services company to place ActiPatch in 1000 independently owned stores and launch under an initiative for alternative pain therapies. This program is set to launch late in the first quarter of 2020. Yes, the first of many program launches to come or should I say product launch?
Any idea how many channel partners there are? Who will distribute to Walmart, CVS and so on?
Don’t expect any big names to be announced until the deals are confirmed. It won’t be like last time where some people actually called the potential partners to get some type of confirmation, that’s for sure!
There is no mention how many units are going into the 1000 store launch, any idea? Yes, we are now aware of the 15,000 from Mundi but no one knows about the 1000 stores.
We will have to wait until March 31st, and May 15th, 2020 to get an idea about sales, numbers by itself do not give the complete picture yet.
We are all very lucky to hold shares in this company, it’s going to be huge!
If you think that you are good on this stock well a better word is that you are great on this stock.
I just want to say thanks to all the great posters on the board and I do enjoy what I read. Keep it up.
In most cases, directors either,
Have a vested interest in the company
Work in the upper management of the company (so-called "executive directors and VP's)
Are independent of the company but are known for their business abilities
Trust this helps...………………….
Hi Guys, lovely day, beautiful weekend so far.
I learned long ago to open my eyes before I open my mouth, it comes in pretty handy at times.
For those of you that believe in the products, believe the products work and believe that the products are great. Just remember how they got there. Was it the leadership, the team, how?
Board of Directors will meet and vote as scheduled but sometimes conflict with their availability dates. Not an excuse just part of life. The new CEO either male or female, insider or outsider will be updated on all the company info if need be. Depending who the person is. The CEO will continue to execute on actions already in place and will execute new and potential actions upon FDA clearance. The CEO will address the shareholders.
The company protects their intellectual property throughout the world with new patents and constant innovation which in turn extends the life of the patent!
Read the updates, it’s important to understand what they mean. I don’t expect any press releases about Walmart, CVS, Walgreens or any other huge retail chain. Instead I will focus on a 3rd party or party’s taking the products to market. Future 3rd party’s on FDA clearance. It would be mathematically and financially impossible for BIEL to take on this venture! Product launch must include everything from A to Z.
It’s not a very good idea to underestimate the team or for that matter try to second guess them. Fruition goes and spreads a very long way.
I understand the pain, anger and frustration that we are all going through and God forbid that I use the word ( waiting) but that’s the way it is!
Everything is in play at BIEL. Andy and the team have now gotten all the wheels in motion. Strategic moves have now put us on the world markets. It's a long story but a great story!!!!!!!!!!!!!!!
There is a Board of Directors!
There will be a letter of introduction.
The shareholders do not vote!!!!!!
Check SEC filings to get the correct information when they become available, don’t take my word for it.
The new CEO will not inherit any mess or fiasco. Quarterly reports clarify the company’s financial position. Will the new CEO be an outsider or an insider? that’s the question of the day!
BIEL has never been a one man show. How many experts were always involved in the FDA submissions in respect to stats and scientific facts? One man show has never been!
I say this with sincerity. “The ends will justify the means”
Happy Thanksgiving to my Fellow Canadians on the board.
Hawk
The new CEO will be voted in shortly by the Board of Directors. Then again, if there is no Board of Directors, there will be no CEO announced! I just have trouble believing that the SEC, FINRA will accept a self-appointed CEO in an public company.
I could be mistaken?????????
Sorry guys, very bad news today. My condolences to the family.
Andy was and still is a great guy and a great CEO. In a few days, the new CEO will send out an introduction letter. Andy’s legacy will continue through all the actions that will be taking place at the company in the coming months.
I last spoke to Andy on Friday, this is very difficult for me, to say the least, I'm flabbergasted that this happened.
You really had to know him to understand what a great person Andy really was.
Thank you Andrew Whelan you will always be remembered.
Hi Hawk
Hi Guys, just dropping in to say hello, no real value to what I’m posting until after the announcements. Lol
The FDA, CVS, Dr. Scholl’s and NHS which were negative factors have now caused a very positive reaction. While most if not all investors believed that the actions were negative it’s safe to say today that these were blessings in disguise. Sometimes things change for the better and maybe even greater.
You will know soon enough what kind of blessing this is.
If I was to say that we’re in the top ten, involved in the top ten, made the top ten, that’s for all to find out what this means. You have no idea that we are now in a league of our own!
Investors have been and are still blessed with a very low pps, take note it could and will change the lives of many financially!
I mentioned that I would not post until after the announcement but I would like to clarify when the announcement may be made.
The announcement will happen on or just before the product launch by the new partner. This will certainly start the revenue generating wheel.
The product launch will be a very important introduction to the American market. First impressions can only happen once and it better be perfect. As long as the partner covers everything from A to Z in their launch, a everything will go well.
When? Good question!
How huge the product launch? Great question
This will be the first real product launch and more to follow with other partners as well.
Yes, the next few months will be crucial to get into retail in 2020 but also crucial is the FDA response to the impending 510K that will be submitted. There may be a relationship to the FDA clearance and the 2020 retail.
Bioelectronics has entered into a license and supply agreement. This is a done deal! Signed, sealed and delivered. The impending announcement of the company or should I say partner, will be disclosed shortly. This so called company or partner reaches out to over sixty-thousand OTC outlets. That’s who it is! Guess who it is? LOL
My understanding is that upon contracts being inked, a cheque (Canadian spelling) must be issued to BIEL for the initial order.
THE FEE!
There is also the license fee! Now what is the fee based on? The fee is usually based upon the costs that the company accumulated bringing the product to market. The costs include trials, FDA, soft costs and other expenses that were incurred. Plus a little incentive for BIEL. Now pending on the size of market the partner takes on would be the ratio of what the fee would be. This will be no desperate measure from BIEL to just take any amount offered to them. It’s all numbers.
I don’t think too much of the selloff yesterday, one’s loss is also one’s gain.
Talk to you all after the announcement.
gimmee greenbacks
I just added something at the bottom which did not get pasted right.
No deal is a lot better than a bad deal! It’s a fact!
Deals can be described as dumb, bad or even stupid and to the point. The shareholders were not privy to the offers made so any descriptions of any deals are for certain people only. When a big pharma shows BIEL a beautiful cake in the first paragraph of their offer and the last paragraph a little crumb, what would you describe this deal as?
Andy and Keith are now in a position to decline, refuse and even terminate any offers that are not acceptable. This means that the offers must be in the best interest of the shareholders and the company as well. Selling the rights to a product can mean a great return on a great deal or a very poor return for a desperate deal ! Just imagine the lifetime rewards on a great deal. That is the action taking place at the moment! Check the timeline with the Walmart meeting and when the product went online. If only we knew how many huge companies are lined up to take this product to market???
Leadership in any company is achieving great deals for their shareholders not desperate deals. Are shareholders going to be satisfied with a not too bad deal or a great deal?
This is my last calling card, the pps will not be at this level much longer.
What’s constantly overlooked here is that the SEC , Finra and OTC has not found an issue here with the CEO, the product or the company performance.
No deal is a lot better than a bad deal! It’s a fact!
Deals can be described as dumb, bad or even stupid and to the point. The shareholders were not privy to the offers made so any descriptions of any deals are for certain people only. When a big pharma shows BIEL a beautiful cake in the first paragraph of their offer and the last paragraph a little crumb, what would you describe this deal as?
Andy and Keith are now in a position to decline, refuse and even terminate any offers that are not acceptable. This means that the offers must be in the best interest of the shareholders and the company as well. Selling the rights to a product can mean a great return on a great deal or a very poor return for a desperate deal ! Just imagine the lifetime rewards on a great deal. That is the action taking place at the moment! Check the timeline with the Walmart meeting and when the product went online. If only we knew how many huge companies are lined up to take this product to market???
Leadership in any company is achieving great deals for their shareholders not desperate deals. Are shareholders going to be satisfied with a not too bad deal or a great deal?
Bioelectronics will become the major player in the OTC space (medical devices) . As I mentioned prior, investors have days and or maybe a few weeks to get in.
Today’s press release mentioned so little but in fact mentioned a lot!
Act accordingly
Trust this helps