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With 3 1/2 hours left, we are only a little less than 18 million shares at the ask before .02! $1.00 is on deck after the .02s are filled!
Lol that’s what my calculator keeps coming up with. must be a note holder diluting the Amazon rank.
It’s funny you say that, when your comment is right below the pinned post of a 463% increase in sales for this unsellable product.
Buttt... this was your comment two days ago...
06/18/2022 - KT~Wave dropping to #49 on Amazon muscle stimulators. Sales dropping like a rock now for KT~Wave.
Declining Sales Cheers!~~
I'm no math wizz but even I know that means it's climbing the charts.
Just found this link on the actipatch.com website. It has a map of all the current global distributors for the actipatch. This isn't even inclusive of all the RecoveryRX distribution partners.
https://www.actipatch.com/distributors/
For those who remember when you couldn't even get this product in the United States a few short years ago, that map FULL of NEW countries highlighted in green debunks that whole "worthless, placebic junk, dilution scam, note holder run up, blah blah so on and so forth" -lies- that SOME on this board continue to post!
It's bottom of the 9th, 2 outs, bases loaded, down by 3, and BIEL's prescription rx insurance coverage is at the plate calling their shot! Hope you got your tickets cause the next pitch is one you will be sad you missed!
Yessir! It was really close today! A PR announcement during trading hours today could have finally put us over the pennny mark with ease. Even an average volume day would and we'de at least have gotten a glimpse at .02!
When you hear about BIEL getting insurance coverage, you will have ALREADY BEEN LEFT BEHIND. Get your tickets while their cheap!
Thanks
Well however you interpret it, the fact, and the point, is the only thing standing in the way of BIEL's path at this very second, is less than 17,000,000 million shares at the ask from arriving at not 1 but 2 pieces of copper.
Like those that followed Moses, BIEL investors also knew their path led to a reward worth travelling through the dessert in sandals to get to.
True, it is going to take consistent communication from management to create sustained northward movement. Press releases are an expensive/necessary form of marketing for public companies. My bet is that as production issues from covid start to subside, BIEL will be able to manufacture their product faster without part shortages. When the supply chain issues from covid start to subside, BIEL will be able to deliver ordered product with a much better turnaround time.
As those two things happen, regardless of profitability, cash flow will be in a much better situation for BIEL. When they consistently have cash on hand, they can consistently release PRs.
You really have to look at this stock from the beginning of their OEM business plan. If you look what is happening there, and can see what has happened on the macroeconomic scale since February of 2020, then you should be able to see the writing on the wall that this company launched a game changing plan at probably the worst time in American history but they stayed afloat through the complete global shutdown and now we are finally starting to see the light at the end of this long dark tunnel!! I can hear the fat lady clearing her throat in the distance.
Biel Town’s turn IS coming! Now you’re starting to see it!
Exactly! The last leg of an extensive path to success!
Can you even think of any U.S. based company manufacturing a tangible product that has actually increased their product sales over this timeframe? How about a staple of the US economy, the automarket, how has the pandemic affected their abiity to produce more product sales? Have you been to a car dealership lately? Not much more than a sales brochure to look at. I guess that means Chevrolet has no consumer promise..
If Mr Big brought it to market 10 times as fast it would have taken 10 times the money and wouldn't be near the ROI as buying a company that's already broke through the red tape that could become the likely name brand of it's tech. ie... what kleenex is to tissue, actipatch is to pulsed shortwave therapy.
Companies with promise like this are a dime a dozen. It takes a lot of money, time, legalities, etc. for a company to go from - I have a product I know works - to fully FDA cleared for musculoskeletal pain relief, OEM status with name brand distribution partners, prescription level post opperative pain relief..
Why would this "Mr Big" buy a company's idea before they jumped through all of the hoops to turn it into a sellable product?
-I've watched this board and this stock for years and honestly, prior to OEM status, I was starting to agree with what you've been proclaiming for all these years.
BUT - BIEL is legitimitley working right now on the final piece of this puzzle. Once insurance covers this RecoveryRx product for prescription use, they will have jumped through the final hoop. "Mr Big" and all his cousins, brothers, sisters, friends of "Mr Big", will all be in a bid war over the actipatch technology.
I'm pretty sure you're right. Mary Whelan was the owner of HealFast and she passed away. BIEL now has control of HealFast, and their facebook page but none of the websites from what Kelly said. I believe the goal is to rebrand the trademark HealFast to the new trademark Acti-Loop so they can streamline advertising. She said focus was, and still is, RecoveryRx.
Her's why I disagree..
This is my valuation of why we are where we are.
This stock would likely still be @ or above .003 had it not been for the increase in global production/delivery transportation issues that continued to plague most companies including BIEL through 2021. They, like most everyone else, couldnt deliver product consistently. This fact led to unrealized revenue in the second quarter causing the unprofitable 2nd quarter. In turn, dropping the pps back down to a consistent .001-.0012 (pre oem contract level)coming into 2022. Then production seemed to ramp up with new contracts signed but we missed a form when reporting financials in April that had us delisted for a couple of days. That event is what just took us to the .0005 trips but the time we've spent relisted and the attractive 000s brought back those investors who dumped and corrected our pps to pre 1st qtr announcement averages.
Speculation But..: The next press release, which I'm betting shows up sometime prior to the due date on these notes you keep talking about, I bet is partially to announce those notes are extended.
Hopefull Speculation But..: it will include a clear plan with a viable ETA to get RecoveryRx covered on insurance policies. This and increased sales to our new distribution partners should make for a total round trip back at least to the .003 levels again.
Well I may have spoke too soon lol, looks like somebody is trolling this board and just signalled not to let run almost immediately after the post.
It looks like ONE BIG ASK SLAP could really make things interesting. Not much manipulation going on here today by the market makers. I think they have their eye off the ball here dealing with the selloff.
Sorry I miss read your first reply, I thought you were correcting what I was saying but you were adding to it. I do understand what your saying about the gross margins though. I was a gm at a multi point powersports franchise for a long time we sold Polaris, can-am, etc, I paid parts employees bonuses based on their sales and margin %. It was a way to encourage increased sales but not at the sacrifice of profit margins.
Yes, reference post #292624 where I have already given you the answer and proof with the links to verify the math yourself.
78% margin % is based on the actual sales of products by biel and the costs directly associated with the manufacturing/production of those sales (cost of sales). That tells you the profitability level of a product a company sells.
What I think you are calculating as costs are total operating costs which include things like; the loans they have made over the years to get to this level of sales, facility costs, electricity, employee costs, etc.
Using those costs will determine the overall profitability of company. Using the margin % calculation I'm talking about is to take a look at exactly how profitable it is to produce and sell the product that the company is in business to sell.
if you started making actipatch today and I told you for every $1 of materials/labor that you had spent making it, I would give you $1.78 for it, then you would have the same situation biel was in last quarter. It is BIELs job to take that .78 per dollar to pay their light bill, management, rent, etc to be a profitable company.
yes, 78%. How is that not abundantly clear? for every dollar of cost that went into selling each actipatch during the qtr ended 03/31/22 BIEL returned a profit with an average margin of 78%.
To be exact, their margin % totaled 78% once all sales were in for the most recent quarter that ended March 31, 2022. That is
The most profitable quarter they have ever had by percentage of margin calculations. "for reference; the average % of margin on the KT/DJ deals were between 45-49%"
*Margin % = gross profit / gross sales.
*Gross profit = gross sales - cost of sales.
Copy/paste the link below to find the gross sales, profit, and costs for biel. https://www.otcmarkets.com/stock/BIEL/financials
Seems like BIEL leadership feels they are moving in the right direction with their decision to become an OEM. 2 Reasons
1. They are showing improvements in their decision making as an OEM as evidenced by the second round of distribution contracts sales team have secured being extremely more profitable and requiring substantially less production costs than the first contracts were with KT, Donjoy, etc...
2. The fact that after a year of sales history with the first distribution partners, there is a second round of distribution partners signing up is huge in itself. This second round being more profitable than the first says even more. BIEL's demand is growing and leadership is making intelligent decisions to increase their profitability as it happens.
When you hear about them being accepted by Insurance providers.. It's too late.
Depends on the distributor, each contract is different. It seems these newest distribution contracts, we arent having the added cost of repackaging product, have been highly profitable. If you look at margin %s from the most recent sales on DDLS' company financials links that have been repetitively posted below you will see a HUGE increase YOY.
Obtaining Insurance acceptance is the KEY,
once you've heard about it, it's too late.
At this point, if you look hard enough, just about everything that can happen to a stock to effect it negatively has happened to biel over the course of that 17 years. BUT.. the absolute biggest thing about this company, is that in the course of those 17 years, they have never filed for bankruptcy. They are still here growing awareness of their technology and have realized the next step is recoveryRx being accepted on insurance policies. If it were'nt for 'covid caused' global production issues, this stock would probably still be hovering around the .003 level it had stabalized at after the full fda clearance and oem/distributor contracts run up to .008.
If/When this company obtains insurance approval for recoveryrx, we may get to see what some have waited on for over 17 years!
-IMHO GLTYA
We've been over 60 days without a PR but there has been an big increase in consistent daily posts on facebook and twitter over the past month. Kelly mentioned on facebook the other day that a social media campaign cost roughly $10,000. I wonder if they are trying advertising on social media in place of a monthly PR announcement?
300 signal (taking stock down to load shares) came in about a minute before all those .001 and .0011 sells came across.
MMs loading up.. Get ready, this thing will be northbound soon!
-IMHO
Somebody is trying to load up between .001 and .0011
https://www.facebook.com/RecoveryRx
Been following this board and shareholder facebook page for a while now and I have never seen any mention of a recoveryrx facebook page. Apparantly they've had one for at least a year that I just found. Doesn't look like there has been much activity on it in the past but recently they have started making posts directing people to the recoveryrx.co website.
I see what you're saying, look at the the first order that filled when the market opened @8:30, (shares x100@.0011ask) thats a MM signal that they are in need of shares. Then it looks like someone slapped the ask and bought up all the .0011s to move the mark to .0012. After that there was an abnormally large volume of shares traded in between the bid and ask @.00115 (almost the same volume as the ask slap @.0011) and it looks like a broker dealer has been accumulating since in between the .001135 and .00115 prices. I think what is going on is brokerages that do not normally hold many BIEL shares are accumulating shares to prepare for a spike in volume. I think that may be the reason behind this slow stairstep up we've been seeing.
I think what's happening today is retail purchasers are buying shares from their broker/dealer at the ask price (ex: .0012), and the broker/dealer's MMs are covering those orders by purchasing shares between the bid and ask price(ex: .001135, .00115). They are then filling the retail buyer's .0012 orders with the shares they purchased at the .001135 and .00115 price to make the profit on the spread of the transaction.
JMHO but that's what it kind of looks like.
Today is the first day since Monday, that there hasnt been an MM 1000 signal at the beginning of the trade day. That signal alerts other MMs not to let a stock run. On Monday we closed up from the prior Friday. We have closed flat everyday since with a lot of resistance at .001 and .0011. Today without the 1000 signal .0012s are printing! IMHO somebody is wanting this stock to slowly stairstep up. GLTYA
Actually... there's over 40 million shares up for grabs on the orderboard right now so somebody is trying to load up.
Judging from the signals MMs look to be keeping resistance between .001 and .0011 to load shares.
Thanks, I definitely agree with that!
Thanks for the reply!
Thanks, been in this stock and following this board for about 5 years now, but I just never post.
How were 35,714 shares traded at 7:00am, prior to market open this morning?
We are currently sitting one 12,000,000 share ask slap away from 60% gains on the day!