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>>>That includes financial numbers from you.<<<
Let me explain this again for you, as it seems hard for you to 'comprehend', The financials numbers do NOT come 'from me', they came from the company when they last reported financials, which was for quarter ONE 2023. We are now in quarter ONE 2024. Again I could care less if you believe me or not, but these numbers are not 'from me'. Do you really know how to read a corporate financial statement? Or are you just obsessed with posters that do know how to read them and post the sad numbers here?
Have a great day!
Did you not read my post on the financials? You do not have to believe me at all, but those numbers were not mine. They were the numbers reported by the company when they USE TO report them. Do you believe THEM? If you find it difficult to understand financial statements, contact an accountant. Because as I have stated before, any accounting student will tell you how laughably ugly they are. Just amazing how any stockholder can ignore that serious negative 'stockholder equity' amount (-$15,964,961) this company has amassed for its investors. That (stockholder equity) is your worth in this company.
And for those that are praying for some entity to buy this company or some merger of sorts to save it and their investment, these financials (notes and unpaid liabilities) gives this leadership NO bargaining power whatsoever.
Have a great day!
Yep, the 'true longs' are getting testy. But I understand ---- .0001, .0002, .0003
>>>There are plenty of people that have made money on this stock<<<
Really, WHO? Those that the 'true longs' mock as 'FLIPPERS'. Because they are the only ones here now, that could possibly be making money. And what are they flipping, from .0001 to .0002, or .0002 to .0003? With the volume this is trading, how much money can they make with those .0001 gains? Are you talking about YEARS AGO people have made money on this? Really, with the laughable slide downward of this stock price? Nobody holding LONG is making money with the stock price it is trading at NOW. This IS the lowest this had traded in YEARS. THAT was my point. But really YES, some do have comprehension problems
"Plenty of people" have made money on this stock ---- REALLY?
Thanks for the link to the quarterlies when they use to report them. Yes, this was the last one that the self appointed CEO allowed their loyal stockholders to see how the company is doing: Quarter one 2023. Here are some notable highlights(?) -----
Assets for the quarter: $170,372 of which 'cash on hand' was $6871.
Current liabilities: $3,608,809 of which 'accounts payable' was $869,024
Non current Notes Payable (as we have discussed): $11,484,453
Stockholders deficiency: $15,964,961 ------ WOW!
Forget the notes, as if that wasn't bad enough, but the cash on hand needed to pay just the current accounts payable of $869,024 is troubling, not to mention the TOTAL current liabilities of $3,608,809.
https://www.otcmarkets.com/otcapi/company/financial-report/374761/content
Honestly this is ugly, they sure better get some sales soon as this snowball downhill is getting larger and gaining speed.
So you are cheering a stock price of .0002? LOL!
You cannot make this stuff up!!
C'MON, some of these posts ARE fun!
Yep, unless you bought at .0001, all are underwater. Even the "GO BIEL - GO KELLY" crowd that are 'TRUE LONGS'. Because if you bought 'long' ago, you are definitely and seriously underwater. But no problem, nothing will deter their 'pie in the sky' optimism. Not .0001 and not the leadership stopping of reporting quarterly financials anymore. --- Whatever
>>>Also, interesting that you went back to Q3 of 2022 when there is a more recent Q1 2023 Sales figure, $158,077, available.<<<
'Also interesting' is that Q1 2023 is the last reported sales to the stockholsers. We are in Q1, 2024.
>>>...and to cap it off, have not done sh$$ to bring BIEL down.<<<
Does it really need help? The market seems to be doing a very good job on its own -------- .0003 - .0002 --- .0001.
>>>You're so full of sh@@ your eyes are brown. So pathetic.
'Nuff said!<<<
Thank you for that mature response to my post. But that doesn't answer my question about if the link proves that KT's exclusive agreement selling in the USA, is no more.
>>>Do you remember now?<<<
No I don't remember, help me do so, I am getting old. What is your link of Actipatch prove about KT and the USA exclusive deal? That now Actipatch IS selling in the USA? Your link says 'made in USA'. Did I miss something that said 'selling in USA'? Not bashing, just asking. Your link does not say where it is selling in USA. Is Actipatch now selling only on line in USA? We know NOT in retail, no?
It's not up to Bioelectronics to get them in retail stores in the USA, as KT has all the marketing rights as of now in the USA. I did see the KT Recovery + Wave in a CVS near me awhile ago, but no longer. Was it KT 's decision to not restock or CVS's? Since the management has gone silent, we really do not know what is happening with KT, but that 'exclusive' deal that they signed with KT in the USA seems to be a major mistake. Again we do not know due to lack of communication, if that exclusive deal is still ongoing. If KT decided to not stock retail shelves due to lack of sales, that is not good. There are so many red flags and with no answers, we will most likely see more, as if not reporting financials anymore is not enough of a concern for all stockholders.
2 trades at .0001 and another at .00015 today. That .00015 was for biggest trade of the day so far of over 20,000,000 shares.
https://ih.advfn.com/stock-market/USOTC/bioelectronics-pk-BIEL/trades
>>>...... when there is a more recent Q1 2023 Sales figure, $158,077, available<<<
For one whole quarter this 'publicly' traded company with numerous USA FDA CLEARANCES did a putrid $158,000 in sales. And stockholders are supposed to get excited at that? THAT quarter being the most 'recent' sales the stockholders know about. This now is the first quarter 2024, one year after that quarter. Are we to believe that the sales are much better? One would have to believe that if sales were better, they would not withhold them from the 'public'.The market knows this is a joke, thus the laughable VERY LOW triple zero stock price. Funny how the select few left here, do not not see that.
.0001 on the BID 5 times today and printed once with the biggest trade of over 5,000,000 shares.
Does it really matter? All sales figures are pathetic and declining from years ago when they were selling by themselves, before KT Tape took over all marketing. Now the self appointed CEO has made the executive leadership decision to stop reporting financials quarterly and informing the stockholders of those sales. Yes, all will have wait yearly from now on to see how the company that they invested in, is doing. She can only delay reporting those sales, for so long, so I guess she must report the 2023 annuals soon. Does anyone really believe that due to this non reporting quarterly anymore, that the sales will be good?
>>>You have to admire Andy Whelan for recognizing the tech.<<<
The self serving family friendly note conversion deal of getting 50% discounted priced common stock for their loans was devised under AW's leadership. IMO that is a major reason this is trading down at the bottom (triple zeros) for so long. There are many more, as low sales, never profitable in twenty years, BILLIONS of outstanding shares, trading on the PINK SHEET exchange, serious imbalance of asset/liability ratio, etc. ------ and NOW the stopping of reporting financials quarterly. But that self serving note/loan deal creating such a major liability coupled with minimal sales is a BIG RED FLAG for anyone seriously researching the financials.
They will need major sales increases to offset what they owe in those note/loans, to eliminate them. Not reporting the financials quarterly anymore, does not bode well for if that is happening.
>>>She made a deliberate choice in selecting Synergy, a company that isn't even known to the general public.<<<
YEAH, that reminds me. What ever happened to that SYNERGY DEAL? OH, but I know, it's ONLY over ONE YEAR late from when they said they would inform all stockholders after SYNERGY registered the products in the 4th quarter 2022. So what, they're a 'little' late! Nothing to worry about, right?
And yeah, they are not in this for small change, they are in this for the BIG MONEY!
LOL, you cannot make this stuff up! Nothing is going to phase or deter the 'true longs'. Not even .0002 stock price, unfulfilled promises (lies?) and not reporting quarterly financials anymore. WOW!
Have a great Super Bowl Sunday all!
>>>pathetic<<<
I know!
https://ih.advfn.com/stock-market/USOTC/bioelectronics-pk-BIEL/trades
Just wait til the family note holders get their converted common stock for their loans. Wait til they start dumping THAT. And they will. The only problem with THAT is, to get their shares of stock, they will have to announce an increase in the authorized shares to accommodate. THAT potential and eventual dilution is never perceived positively by the market. All of the notes issued by this company have already matured except for one that will mature at the end of February ($60,000) and another in early March ($50,000). The good news (if there is any) is that this seems to be the last of the notes The BAD news is that none of these note/loans were able to be paid back at maturity. We must then assume that all had to be extended. It would be nice if the stockholders were informed of HOW these maturities were handled. That SHOULD be in the financials that the company reports, but since they stopped reporting, we really do not know, do we?
This has so many RED FLAGS, that a couple pallets of boxes is not going to help the serious big picture.
Check the past financials ---- when they use to report them, to verify.
I am sure this was said by the same poster in the triple zeros many times as stock price declined to the sad low price it is trading at now
Looks like the market did not get too excited seeing those skids of boxes. Wasn't this tried before? No raise in stock price. Pretty sad that any company has to post a skid of boxes to instill a little excitement from their stockholders. How many companies need to do that? --- Oh yeah, the ones that are trading at .0002.
But you all make it FUN ----- Thank you!
AND .0001 back on the bid today!
Have a great day!
https://ih.advfn.com/stock-market/USOTC/bioelectronics-pk-BIEL/trades
.0001 back on the 'BID'
>>>He is a chronic complainer, BIEL could land a deal with Pfizer and he would find a problem with it.<<<
LMAO, Who's complaining? I am having FUN!
And PHIZER???? That's a good one!
C'MON, this IS fun, ----- especially with statements like THAT!
.0002 - .0003 --- yeah the market sees THAT 'deal' happening.
>>>If you can't grasp that concept, why should anyone listen to or believe ANYTHING that you post?
You've proven yourself to be incompetent on this board time and time again. Then you get upset that other's won't engage you in substantive conversation?<<<
---------------------------------------
This gets more FUN by the day!
I put out a link to prove what the stock traded. if you choose to NOT 'listen' or 'believe' the referance, that's fine with me.
And UPSET? When have I got UPSET? LMAO, No, as I have said many times I am having a FUN time with this entertainment
And "substantive conversation" ? ----- your kidding right??? Do you read your own posts? I cite factual financial data that the COMPANY reports about the dire situation this company is in, along with unfulfilled promises by the family leadership. You only attack the posters personally. ---- WOW!
C'MON, this IS fun!
Have a great day!
LOL, another post with no substance, only comments about posters. Care to talk about the company and all the accomplishments (?) they have achieved to warrant a stock price of .0002 for their 'true long' investors.
Just amazing that the few left here see that as 'no problem'. That and the fact that this leadership has stopped informing its investors quarterly, of how the company is doing. It definitely seems like nothing will deter their 'pie in the 'sky' outlook on this.
How many companies last over twenty years NEVER showing a yearly profit. Well I guess the only ones, are the ones that that dilute their stockholders to death. Sound familiar? 25,000,000,000 and counting! -------- .0002/.0003
Have great night!
https://ih.advfn.com/stock-market/USOTC/bioelectronics-pk-BIEL/trades
One trade at .0003 (ASK) for 10,000 shares so far today. 6.7 million traded at .0002 (BID).
Deprived of the opportunity???? LMAO, you have got to be kidding! You do know that .0001 is rock bottom? What is the stock trading at now? You do know that there is not enough A/S to satisfy the note/loans? LOL, the way this is going, what is a 50% of discount of nothing?
I bet all that took that deal, wish they were "deprived of the opportunity".
Deprived of the opportunity!!! ---- C'MON, this IS FUN!!!
>>>* BIEL's Goal is no further dilution<<< LOL, no dilution because the A/S is maxed out. ie There are no shares to dilute. Wait for the word on increasing the AS to satisfy the family's shares that convert from their note/loans (at 50% discounted stock price). OUCH!
>>> OEM remains BIEL's main business model<<< It is their ONLY business model because they have failed selling on their own and have no sales staff.
>>>Adcock Ingram and Stada have not begun sales yet<<< Why not? How long ago was THAT announced? Are they going to sell or was this another Synergy?
>>> Don Joy will now operate under the Enovis name<<<. How does THAT help the lack of sales? A name change will be the difference? LOL
>>>KT Tape is getting a new CEO<<< See previous answer
>>>>BIEL's OEMs are reporting good efficacy<<< Where did you get that information? From the company? The same ones who announced the SYNERGY DEAL? But forget that, where are the sales from that 'good efficacy'. Enough with good reports and testimonials, where are the sales? Just like all these trials they do, they are great at getting them done, but where are the sales from those trials. They have numerous USA FDA CLEARANCES from their trials, where are the sales? Have they not had enough YEARS after getting those GOLDEN USA FDA CLEARANCES to show some substantial sales?
>>> BIEL is currently operating with 7 employees<<< Yep, Mom and POP shop. Maybe they should add a few more and add a sales person because the only one they had has exited. Maybe he saw the writing on the wall about these products not selling. As the head (only) salesman of this company, he would be the first to know. --- ya think?
>>>I have more trust for Rich than I do for some on this board. He made the following statement:
“Most of the funding has come from inside investors (mainly myself).”<<<
Wasn't it RICH (Staelin) who proclaimed the SYNERGY deal? Weren't we supposed to hear about that deal when Synergy registered Bioelectronic products in all their client countries? That was to be completed in quarter 4, 2022. We are in quarter one 2024.
That's who you trust?
And yes, most of the financing HAS come from inside investors, as he and the 'family' are the most invested. Does THAT guarantee a positive outcome for all stockholders. Does THAT mean this cannot fail? Some of those investors have a deal to get 50% discounted stock price for their loan conversions. Are they trustworthy since all others have to pay full price for their shares? And there is the matter of EX IM Bank loan for $500,000 that matured November 2023. That was a sizable loan from NOT an 'insider'. How was THAT handled? Due to the size of that loan, you would think that stockholders would like to know.
They will never admit to the mistake they made and the failure this company and of any investment in it is --- even with the stock price plummeting to basement levels. This has traded at the lowest it can trade at (.0001) and with even that happening, they will not see all this as a failure.
"Whatever"
>>>Thanks for the report.<<<
Your welcome, I'll keep watching to inform all when .0001 prints again!
LOL, oops, no need to post it twice. LOL!
Is this correct? .0001 printed today? Trade #2. Bid was .0002, ask was .0003 and it traded at .0001?
,0001 was on the 'BID' five times today
https://ih.advfn.com/stock-market/USOTC/bioelectronics-pk-BIEL/trades
Again, another post not about the company, but always only about the poster.
>>>Shill<<< ----- and now name calling. WOW!
Again, another post NOT about the company, only about a poster.
When you are ready to discuss the financials, I am all ears. ---- By the way, where ARE those financials?
C'mon, this IS fun!
>>>Why would anyone treat you civilly? Just remember, you chose to be a paid shill.<<<
LOL, you know that for a fact? Please keep believing that, as it makes for great entertainment.
And another response NOT about this company, only about the poster.
C"MON this IS fun!
>>>The interest on BIEL's convertible loans has always been added on to the loan balance it has never been paid on a Quarterly or Yearly basis.<<<
Hmmmm, so the non paid interest when notes mature are added back onto the principle balance due and carried forward thus creating compounded interest til the notes can be paid off. ie. charging interest on that unpaid interest until the note/loans are paid off. --- OUCH that's not good ---- ya think?
>>>You aren't worth civil discourse.<<<
I thought so, as you have proven. No civil discourse, just personal childish attacks and insults.
But when you are ready for some 'civil discourse' and address the financials and the lack of company progress along with the many reasons for this anemic stock price that the market sees as fair company valuation, I'll be all ears. In the meantime --------
Have great day!