Sorry to hear about the loss. I take it you missed the run a few years back then. I sold when it spiked so got out of the hole I was in. But, I've also bought back in, though my motivation was just wanting to see a working product not focused on drugs succeed, so not as frustrated. GL to you.

I think I remember people saying that when I was posting more frequently about 10/11 years ago.

I figured BIEL was a long play, so just selling where there's some profit along the way. That spike up to .007 was nice. Would love to see that again, assuming before the gain I'd prefer to see (if it does) some day.

Didn't expect to wake up today and have my .002's order filled already. I just tossed that in at random and let it sit. If it gets back down to trips, I'll load up more. No big deal, been in this about 10 years and already profited, but the goal has always been to buy in and acquire more. I wouldn't worry about the drop, this was always a long play to myself and many others and things are rapidly improving for the company now.

GLTA

Bought up the last 3m~ of the .0037 from the sell about 40 min ago but you know how it goes.

I grabbed this info from somewhere else since it was simpler than writing it all out myself. The gist of what is written below is that it's usually trades that are handled before or after typical trading hours for various reasons but are still listed to maintain transparency.

Same same, I just don't spend the energy to post much anymore. I bought it when this was .01 many years ago, but have also bought in at the trips. I've profited after years of loss and now have gains that I spent back on the trips (after the previous run, not this most recent one). Ultimately, I'd be happy with a run tomorrow, sure, but Chado's take is more on point with my own thinking. Long and strong.

GLTA

Yup, consistent with what I said yesterday too. All good. This can consolidate and create better stability for upward mobility with some follow-up positive news.

I'm not talking about the legitimacy of the company on any level. I've stuck to it and added regardless of how things were. I also understand that there is more substantial news now if comparing BIEL a year ago. I just don't expect something to rise continuously on more solid speculative news, that's all. That doesn't mean I am saying it will stay down if it does indeed drop a bit. If anything, a drop and balancing will provide more stability for a continued uptrend. That's all. It doesn't even mean it's going to happen, it's just what I could see happen in the short term.

If people are taking this as negative discussion from me, please make note that it is not and I would suggest not looking at it that way anymore either.

Continual onward and upward would be fantastic.

And that would be amazing. That'd be super exciting with where the stock has been over the last several years. As I've said a couple of times, I hope everyone mentioning the uptrend is correct. I invested in the stock years ago because I believe in the product and what it does and was a big proponent of spreading the word, so I could only hope things continue to prosper.

I couldn't be happier if it went that way. :)

There was a gap down in the .0020's so I wouldn't be surprised if they dropped back down there. I am just not sure if it'd happen in a single day or over a couple of days. Again, I would be very happy to be completely wrong. A chunk of what I have is at .01 so it would be nice for it to reach that again.

I would normally agree but since we have so many shares on the market, I think we're at about what the valuation could be to be considered generous. Like I said, it'd be great if I'm wrong and we just continue to see a climb. I've been in this for almost 10 years, I'd love to see it grow more and more.

Really? After three days of up, I expect a day of down and balance. I could see it hitting .0050 early and perhaps a bit past that but I more expect it to drop back down tomorrow.

I can only hope you are right. :)

Honestly? It's a bit hard to say. The stock would have to hit .50+ for your number of shares to be meaningful in that regard, but there will likely be a R/S long before that and then some balancing out of the market.

I'm not being negative, just more realistic. To get things back on track with the company, once it's become profitable, reducing the float will help them greatly but they likely wouldn't even wait for the stock to hit 50 cents. That is of course assuming it can even get that high with the current share structure.

If you consider the level of shares at the moment, a 20:1 reverse isn't really out of the question. So... provide you with a nice retirement pay out, no. But contribute to overall retirement, possible.

Alright. Well, best of luck to you I hope it pays off.

I sold all but 1 option back when this was still "up" a few years back. Just took a look at my account to see this continues to remain at .0001 and thought I'd come check the board. I wouldn't have expected anyone to claim they are still buying a stock for a company that completely lacks any communication, whose website is down, whose twitter account has apparently also not had any activity for 2 years. On top of that we even have someone else saying the building the business use to be in is empty.

Buying stock in this for an expected run has me baffled, especially considering this stocks history.

For your sake and all of your shares, I hope they 1. they don't reverse split, and 2. give you the run you are banking on. Best of luck.

Uh.. it's been in the Rx category for years now, for one very specific use.

Been only lingering here and there for a long while now. From the company updates though, this doesn't mean their product will get classification approval on 10/13 correct? They still have to go through the 510k process and be given that classification, right? So it could take more time. Or did I miss something?

More like 6 years.

I was here long before you were. Whether or not I believe in BIEL has nothing to do with my statement.

Got the email today.. haha here we go again. I'm surprised there was any action today with the number of times FDA approval has been mentioned over the last 5 years.

I think this needs a recalculation. I believe it was around 500 million OS when it ran to 12 cents. I was around when the OS was at 1.5bil and it definitely wasn't 12 cents. I recall it being about a penny at 1.5 billion OS.

Looks like? I think it IS in that mode. It was GOING into that mode back in the teens. :)

Yup, from increase just a few months back to RS. Glad I got out of this. Hope people didn't put too much into the pos. Nothing about their business model seems to be changing. Quantity for cost is still terrible, they aren't making new deals, their initiatives have shown no progress. I stopped following this a few months ago. Thought I'd take a look-see. Glad I didn't follow it, gave more of a clear picture from my perspective. I wanted this to succeed because of what they made but this has just continued to drop. They'll RS and then drive the share count back up again just like most other penny's.

What boom? Why do people always say that when there clearly isn't going to be an actual increase boom to the stock price. We've known about this for weeks. So has the rest of the market.

Well, to be realistic here, QASP is not a MJ stock. They are a stock that can affiliate with the MJ industry, but they're as much an MJ stock as they are an organic veggie farm stock at the moment.

Thanks for that update. If they announce by end of the month that'd be great. IMO we'd see somemore traffic shortly after.

Has the FDA made/announced the class change decision yet? I haven't been following this much lately. Thanks.

Especially from here, I'd be happy with that.

Sorry thetruth3333 but this time it looks like you misunderstood. This isn't 550k+~ profit, that's the total sales. Which leaves the 39% currently at $84k~ to play with when all is said and done, at the current revs. When you remove more for other expenses, this is pittance. Like I said yesterday, this is nothing that'd move the pps in a positive direction unfortunately.

Well, they could be worse I suppose. But when projected expectations were in the multi-million, hitting less than $150k per quarter isn't something that's going to move the pps in a positive direction. That's the reality unfortunately. Especially when the initial 'MJ' play for the company (if successful) would have easily put the company in a 50-100k PER DAY range. This also means that the contracts the store already had, aren't that impressive.

Well, to be fair, we don't know that. All we know is the words Ms. Vigil has said and any CEO will paint things optimistically. As of right now, it's hard to believe the revs are very high if the company was sold for $250k. To me, that just meant Vigil bought the potential and wants to take this in a direction she thinks the company can profit greatly from. While that's great, the company itself hasn't had a very positive track record so far. Hoping she can make things happen to expand this part of the business. I'm not bashing the company, I'm being realistic about the situation. Still holding my shares.

Honestly? I imagine people understand the potential but nobody wants to wait that long.

Where does the buying back shares bit come from? She hasn't stated that. Don't get me wrong, I'd love that, but curious where that came from.

That estimate seems pointless now as the estimate was around a different store that'd give different revs. For all we know, the store that was actually acquired pulls in less than $200k.

That doesn't make any sense. The post from joe is very convoluted. Not how he usually posts. I can't tell if that's a copy/paste that should have been quoted or something he actually wrote.

EDIT: It's an exact copy from packerfan but no reply to what packer said.

I don't know if it'll effect pps much. We'd be going from virtually none right now to some. But if it isn't $1mil+ then I could just see it continuing to trade sideways. IMO of course.

I guess it is pretty tough to swallow that she claimed (via Facebook) one thing just a short while ago on June 4th; this deal was for a premier store in Denver and 12 days later one was then announced definitive and is a different store. But, at the same time, her ultimate goal was to enter this space however possible. I believe she's doing that. I didn't jump in here thinking the profits would be instantaneous so I'll hold, but it is concerning that we've run into this status change as well. Ah well, only bet what you can afford to lose.

I don't really think I agreed, but I guess you can take what I said as you like.

Also, as per your question about the deal being done, this was in the PR:

Well, to her credit she did actually state that if this didn't go as planned that she'd be pursuing other avenues. That she wouldn't just sit on her thumbs for that one deal. She did exactly that. Am I underwhelmed? You betcha. But, you can tell she's actually doing what she can to drive this initiative forward and is making some progress (clearly, since this grow store deal is done now).

That may be, but fact of the matter is the news wasn't big enough now. Remember, everyone always says (because that's reality) that news trumps all else. This then implies that this news was not significant enough to the market for this to shoot up. Shorting wouldn't matter yesterday or today if the news meant more to the masses.

Still going to hold, but I also like to look at reality too.