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Srinsocal wrote: "Yes Dr Staelin is a "very smart man"
With his $450k in loans in 2022, with no conversion option, he has well over a million $$$$ invested in BIEL.
In his position as Chairman of the Board he is one of 3 people who know exactly what is going on at BIEL".
*** Absolutely agree.
Pro Wrote: "Adcock Ingram WOULD NEVER TAKE ON THE RECOVERY-RX PROJECT IF THERE WAS THE SLIGHTEST HINT OF BIEL'S DEMISE".
** Absolutely and without a doubt, Correct.
Thanks for that clarification. That's actually a good thing as we can also expect announcements, at some point, from other distributor launches.
"A launch" announced by a distributor seemingly implies that they have received shipment of product from BIEL. As opposed to just announcing another distributor.
THAT, is AWESOME! This is validation of all the hard work going on behind the scenes by BIEL management.
In my opinion, this is where sales begin to ramp up, quarter after quarter.
Hey Hawk,
Great DD on your part! I just noticed that the video was less than 1 full day since Adcock Ingram posted it. ALL is ALIVE and WELL!
This must be part of that Multi Nation deal that Keith discussed in the web conference last Fall.
I would think that with Adcock Ingram beginning the ad campaign, that they already received the shipment from BIEL and are ready to fill orders.
My guess would be that shipment may have occurred in 1Q 2023.
I'm thinking that we will get a PR at some point soon that will shine some light on all this.
Would be great to see a projection of future sales based upon the diligent work going on behind the scenes these last few quarters.
Good to see a post from you Simpsonly. I agree that success for this company is near.
Its been a long hard road but they have had to overcome some really tough obstacles along the way. The path for wide spread acceptance and delivery to millions is clearing. It IS Time, and that time is SOON.
Is this post about store availability of the KT Wave product CVS stores?
This is an older ad I believe. The Smart Insole is a discontinued,(for now) no longer manufactured product isn't it?
I think that this "product use' for foot pain, is going to be a HUGE market and I really feel that "The Dr" will be involved with taking this to market at some point soon. There is NO WAY that this market is being purposely ignored right now.
The New International Order and the New Multi Pharma Renewal order (Bangladesh) total over $200,000.
Curious to see if this will be recorded in 1st quarter sales figures.
Isn't 2021 4th quarter report due Feb 15th 2022?
The OTC Professional Orthopedic Complete Line of Products specifically designed for ActiPatch is an absolute Home Run development. I am wondering when the Awesome PR will officially announce that OTC is now actively selling product. When this happens, look out!
And all of those other products have had DECADES to market and become known to consumers.
KT and DONJOY have had MONTHS to just barely begin and they are ALREADY in the top 2% of those 4000 listed products!
Perfect explanation 3P! All of these highly successful top name Retail Brands have invested their hard earned and very well established reputations on BIEL products and pain technology...why? Because they must believe that ITS A SCAM! And, these companies often risk their reputations, and their careers, investing heavily in SCAMS. Anybody reading any of these posts that even remotely questions this companies future success should just simply sell their shares and move on.
nice early volume. 24 million in first hour.
Excellent response from KT Tape on future packaging.
GG Wrote: "Kelly stated update NOT PR".
** Exactly correct GG. It certainly was a "promise" or a "contractual obligation" or even an Almighty pinkie swear.
KW wrote: "We will have an update soon! planning to have something out before year end". END QUOTE.
** "plans" are oftentimes governed by circumstance and can deviate depending on any number of things. I wouldn't blame her, and I would actually prefer, that she "rethink that informal plan for an update" and provide the update next week after the New Year Holiday.
It's not difficult to understand your frustration Steve.I've been with BIEL about a dozen years myself. I still feel very strongly about where this is going and that we will all be very happy about our investment somewhere in 2022. Yes, the time is now very near and I know you've heard that before. The 'true" time clock for me is from the day BIEL received FDA approvals, which wasn't really that long ago. Much has transpired since then which will lead to success and a HIGHER share price.
There are many "traders' down here in the pinks and they don't wait around as true long term investors do. They sell quickly when they see that 'waiting' for BIEL isn't making them money today or tomorrow.Hence, PPS trends lower and lower to .001. This too shall pass.
I agree that written correspondence can easily be misconstrued without a facial expression or tone of voice to make the meaning clear. I did re-read the conversation that was transpiring that preceded the KW post several times to get a feel for the potential meaning for her expressive punctuation about the upcoming PR update. For that reason,I'm thinking we will have a very enlightening end of year PR and a forecast of a great 2022 for our team BIEL. We should know in the next few days.
KW Quote:"We Will Have an Update Soon! Planning to Have Something Out Before Years End" End Quote.
*** There is an Exclamation Point to the above Statement by Kelly Whelan. In my opinion, this is going to be a very positive Press Release worthy of the Enthusiastic Exclamation Point and may also include a Preview of the 4th Quarter Sales Report.
I wonder what affect the huge backlog at USA shipping/receiving ports is having, if any, on the ability of BIEL to fill orders as needed.
Steve Wrote: Why we don't see up front money on these deals is confusing,
*** Many factors come into play when it comes to Upfront money when negotiating a Licensing Agreement on a Patented Product.The Licensee assumes the financial risks associated with how successful the product will eventually become and with the investment and associated costs to market the product. I've done a handful of these on my Patents. Being too firm on demands for Up front money, on a Brand new product concept that is going to take alot of capital to get off the ground is often shot down pretty quickly. Licensee is already making a huge financial commitment in hopes of future success. Licensors often times are thrilled to have a Licensee come in to start paying for marketing and all the costs of getting the product into the market. Any impulse to hold out for upfront money is soon overtaken by the happiness associated with the financial assistance that the product will be getting to move forward to success.
Nice DD Hawk.
Completely agree with both of you. It wont be long, and this will prove to be a major, solid investment strategy by us.
GSOK Wrote:
"Q4 sales are going to be $400k or less and sales are going to continue declining in 2022".
*** Soley on the basis of the utter nonsense of this statement, which is announced as if this False Statement is a Factual Statement, is enough to absolutely disregard anything that you post here under the guise of being factual. Your goal and attempts to influence the weak handed are obvious.
9 Months 2021 - $1.4 MILLION +
OEM Strategy and Profitability. Bring on the 4th quarter!
DDLS wrote: It won't do BIEL any good. Sales growth is what matters.
And this one has a limit because of it's a placebo.
*** Yes, DDLS knows more than the multiple independent studies and clinical trials that provided clear evidence of the pain relieving benefits of BIEL technology. Not to mention the FDA who reviewed all of this information.
Not sure if 3rd quarter report will be out prior to end of day or not. PreMarket would be nice. I'm hoping for around $800K and a PR of updates from BIEL.
Long term investor here as well, but I'm not cashing out at the very beginning of what is going to be the most exciting period of this companies success story. What is just starting to become reality NOW is exactly why I invested in BIEL.
ssmmss wrote: If the numbers are not in the millions, I dont wanna hear about it.
*** I'm more than happy to see over $800K for 3rd quarter. Each quarter after will increase incrementally over time. I doubt that "millions" will appear this quickly as BIEL is just getting going in retail outlets.
GetSeriousOK Wrote: Yes I know that KW didn't take pay in some quarters and she didn't collect or accrue interest on the loans.
*** Those ACTIONS speak loud and clear. Words are just words.
DDLS Wrote: 2015 was BIEL'S best sales year. It's history now!
2.34M
*** And that was PRIOR TO being in the BEST Retail Stores in the USA like they are just beginning to do NOW with Multi-Billion Dollar Corporations utilizing BIEL technology. Thanks for bringing that up! Was that the year that you bought BIEL shares for 40 cents? Potential investors must be lining up to take your advice.
Once BIEL share price gets into PENNYLAND, the volatility that we can see now will stabilize and we should see good steady growth that long term investors have been waiting for and KNEW would happen at some point. This is the early stages of the moments in time that we have been hanging on for so long for. Sell now??? Are you kidding me?? I'm going to own my shares when I'm watching TV and a Commercial comes on advertising how effective this product is for your plantar fasciitis. How sweet that will be.
Exciting time to be a BIEL Shareholder.Just getting established now in the BEST Retail outlets there are in the USA and also just getting established with Recovery RX sales reps moving the product into Hospitals.
The more time that goes by, the bigger quarterly sales will become. Speaking for myself, I'd be happy to see $800K for 3rd quarter and Up from there moving forward.
A million in sales at this early stage, since FDA approvals is definitely not "nothing". This is just in early stages of positioning into marketplace and getting into retail outlets. The multi millions will build as time goes by.
Agreed edbi46. If I was BIEL management I would be sitting back with a smirk on my face in anticipation of waiting quietly until Monday to release these 3rd quarter sales numbers. Whatever this number is, we know its more than the $550,000 that is certainly on the books from shipment early 3rd quarter.
DDLS Wrote:
Q3 tic toc tic toc.
Q3 2020 sales 155,818.
*** You may see Q3 2021 with over 500% increase from that 2020 Q3 figure. We shall soon see as 15th is coming fast.
Really excited to hear about this upcoming 3rd quarter sales figures. We know its OVER $550,000 as this was deferred into very beginning of 3rd quarter.
I actually think that there's a chance that BIEL posts information on sales figures prior to November 15. Same reasoning that they did so for 4th quarter 2020, and 1st quarter 2021. Maybe not, we'll see...
We already know that 3rd quarter sales will be over $550,000 plus as that was the deferred income figure from 2nd quarter.... correct?
I think that we will receive news of 3rd Quarter 2021 sales figures prior to the deadline of November 15. Similar to the manner that they were released early for 4th quarter 2020, and 1st Quarter 2021.
I'm guessing somewhere between $800K and $900k IMHO. We've got alot of great news events to look forward to in the near future,including profitability announcement, new partnerships, and BIGGER and BIGGER Quarterly Sales Reports. I'm not worried in the slightest about my investment in BIEL.