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Well, apparently that ruling didn't affect BIEL, they've been diluting like a drunken sailor.
GLTA!!!
Waiting for BIEL to give us the low-down on why the FDA pulled the "delay card" again. Please BIEL, give us the true dope on the delay. A reasonable appeal from one of the disrespect!
GLTA!!!
Well, yes, a number of us bought tons of BIEL stock at dirt cheap prices. Not to state that in the pejorative, but it's a fact. Well, that's the big bright purple dilution monster lurking around in the room, huh y'all? IMO, there has to be a realignment of the share structure in order to free up PPS movement, don't cha think? That's kind of a stock principle 101! Oh! yes! The stock will get a soupçon of a boost, but no where near the lift it should get, with that ball and chain of a share structure holding back. That's My Take!!
GLTA!!!
Now board postings which state PPS of ".002", as being exciting. What? Maybe the CEO and others at BIEL are saying... Now we have them where we want them! Apparently, low expectations are slowly creeping in! Sad!!
GLTA!!!
Well, the FDA is more than 100 days late without granting clearance, and still counting. Note: it is believed, in some quarters, the shareholder should expect an explanation regarding the reason for this delay, thus, provided by BIEL. Furthermore, this information is expected to be disseminating expeditiously. Hmm! Don't count on it! History has shown that BIEL's management appears to have an aversion to providing any information to its shareholders, except when it's absolutely necessary. So, the disrespect continues!!
GLTA!!!
I'm sure we have some excellent legal minds who contribute to this board. If so, I have a question for you. Would it be feasible for BIEL shareholders to file a "class action" against the FDA, if they deny BIEL clearance?
GLTA!!!
Hopefully, we'll hear something within the next couple of days in regards to current business developments associated with BIEL. If no information comes out of the bowels of BIEL's version of Mahogany Row, then we will surely know for certain, they don't hold much respect for the shareholder. Thus, if that aforementioned assertion is borne out, then the shareholder would be remiss, if to place much trust in BIEL's management to do right by them, going forward.
GLTA!!!
That was my speculation as well!
GLTA!!!
Well, let's hope we hear something either way. Information can be a remedy for speculation and anxiety.
GLTA!!!
Do you know the timeframe within which BIEL should receive the post 100-day delay letter from the FDA?
GLTA!!!
I just have this hunch the FDA will announce the Full Body MJ and the Challenge Win at the same time. Not saying there is any degree of clearance dependency between the two items, at all. But an inkling the agency will exercise expediency and efficiency by doing it this way. Just A Hunch, Nothing More! The Raven!! Yeah! A Stretch, But All In Fun! !
GLTA!!!
Are you serious?! Didn't you post this same projection a couple of days ago? Please!!
GLTA!!!
Well, for whatever reason, it appears the FDA will not clear at this time. It's been stated on this board an expected letter will be forthcoming to BIEL from the FDA stating the reason(s) why the clearance wasn't granted. Let's see if BIEL's CEO will pass on information to shareholders pertinent to the theoretical FDA letter. IMO, BIEL's CEO doesn't have a lot of confidence held by many that he will do the right thing and inform shareholders about anything, let alone info which deny clearance by the FDA. This person (i.e., BIEL's CEO) appears to have some quirk, some peculiarity in his character, in regards to not being transparent. Just what does that mean!?
GLTA!!!
oyez! oyez! Bid the FDA provide the Nov. date for the Challenge winner announcement?
GLTA!!!
Ok! Well, let's assume that BIEL's current objectives are met (i.e., FDA clearance across the board), then what would be your estimation of PPS potential spike?
Roger That!!
I tend to agree with your assessment of the current situation, but what about BIEL's long term growth? IMO, RS or not, the future of this company could be quite bright indeed, if management plays their cards correctly.
GLTA!!!
Withstanding my recent posts, something is going on with the FDA that's not within their standard process vein of activity. Do know the nature of the anomaly, but IMO, it's occurring.
GLTA!!!
I never said they were dependent upon each other! I said maybe, just maybe BIEL and the FDA greed to announce clearance for the items I delineated in my previous post, as a one-off bundle. Is there some official rule that precludes them from doing that?
GLTA!!!
Good points! However, there is another explanation for this delay. Thus, the FDA and BIEL may have decided on a bundle approach regarding the announcement of the clearance, as per the following:
* Full Body and Muscle
* The Innovative Challenge Win
* (Has BIEL applied for Allay clearance yet?) Maybe this one is a reach!
Maybe BIEL wants to create a "Boom Shaka Laka" affect! Well, that would do it, for sure!!
So, that's the speculative nugget from this section of the peanut gallery.
GLTA!!!
What's to stop the FDA from dragging out the Full Body Clearance application process out another 3 years? The FDA should garner very little trust!
GLTA!!!
Ok, you make good points, but what's new about this technology and it's applications:
* This technology has been around for most than 30 years, as I understand it.
* Clinical trials and real world metrics show unmitigated, do-no-harm, efficacious results.
Thus, my position regarding the FDA's foot-dragging is purely political, IMHO.
GLYA!!!
DB, the FDA just might not do it! If they don't, the reason(s) they give will be very, very, interesting. Just how can the FDA not give clearance to a product of this kind, that's effective and does no harm. Furthermore, considering the FDA has cleared other BIEL products. I just can't imagine it!
GLTA!!!
No, I never said you said "after not receiving clearance". My point and question was hypothetical.
GLTA!!!
Well borrow the money. Maybe find a benefactor who will accept a slice of a company that's ready to explode. BIEL needs to do whatever it takes to get its just do. IMHO!!
GLTA!!!
Well, BIEL might theoretically owe shareholders an update after not receiving clearance, but there is nothing in place that would compel them to update the shareholders, right?
GLTA!!!
By some remote chance, if the FDA does not approve, do you think BIEL will sue?
GLTA!!!
Ok! Appreciate the feedback!!
GLTA!!!
I agree! I can't imagine the FDA not approving the clearance. On what basis would they have not to do so? Furthermore, on the PPS issue, thus, a Full Body Clearance should be worth at least the crossing of that 1¢ threshold, IMO.
GLTA!!!
Can there be multiple winners regarding the FDA Innovation Challenge?
GLTA!!!
I've criticized BIEL in the recent past regarding their overall strategy in handling this whole situation, up to this juncture. But when one considers BIEL's historical relationship with the FDA (i.e. the FDA granting clearance for two of BIEL's products, reportedly assisting BIEL with the challenge process, the technology employed by BIEL is well known and accepted, etc.), just how can the FDA pull back? I can't imagine It!! If the FDA does indeed deny BIEL, a serious investigation would surely be warranted.
GLTA!!!
Hey, this might be a fresh idea, let's pick a date and time to send a "WTH - Is Going On" email to BIEL's CEO and marketing VP. Let's demand at least a modicum of respect from these people. They have treated the shareholders with abject contempt long enough without us, at least, getting their ear. If someone can provide a common email address which to use in this endeavor, it would be appreciated.
GLTA!!!
If the FDA totally snubs BIEL, do you think BIEL will take them to court? Furthermore, if BIEL doesn't get the clearance by next week, do you think the shareholders will rear about the reason(s) why BIEL didn't get the clearance?
GLTA!!!
It should be noted that the FDA has cleared two of BIEL's products in the recent past. So what's the holdup? The subject technology, to my knowledge, hasn't changed. So what's the reason for the delay? The FDA has cleared foreign applicants well within the specified wait time cycle. But, yet, BIEL still waits! Why? Call me a suspicious cynic but BIEL just might be the cause of this delay, intentionally! Don't know how, or why, but there is a chance they are the culprit. The reason I pose this, if BIEL would issue a suit against the FDA for their goldbricking, how could they fight and win a BIEL court challenge? IMO, They Couldn't! At the outset of this post, I stated that the FDA has already cleared two of BIEL's products, so how could they justify a rejection of a subsequent BIEL clearance application? It makes no sense the FDA would take this rout, unless something unusual is going on behind the scenes. This has been such a weird experience for so long now, it's practically impossible to even imagine a plausible explanation for what is going with this organization! Logic Has No Place Here!
GLTA!!!
So what! That's not news! That's troubling within itself! The big question is, what happens after 100 days of nothing regarding the FDA from any quarters. On top of it, no information about anything from BIEL? Please, let's be honest and objective!
GLTA!!!
This is sad!
Now I read that Dec. is the new 'Eureka' month. This is insanity! Thus, doing(nah, saying) the same thing over and over again and expecting different results.
GLTA!!!
IMO, it's pretty clear, the FDA is trying to find a way to deny BIEL clearance, from yesterday forward. It's up to BIEL to crack the code. Of course, it's yet to be seem if they have the capability to pull it off.
GLTA!!!
No, I agree!!
Notice, no information is coming out of BIEL! I hate to say this, but when one invests in an entity that has court case experience (cheating), can you expect above board activity?
GLTA!!!