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If you would like to check out the last financials that this company reported, here is the link:
https://www.otcmarkets.com/otcapi/company/financial-report/374761/content
A total of $240 traded today.
https://ih.advfn.com/stock-market/USOTC/bioelectronics-pk-BIEL/trades
Also from the balance sheet for quarter one 2023 we have:
Total Assets of $170, 372 and Total Liabilities of $16,135,333, for a net negative stockholder value of -$15,964,961. This is what shows the value of this company as of this time at quarter one 2023.
Let's take a look at some facts that so many want to ignore of the dire state that this company is in. Let's look at some numbers that came from the last time this leadership reported financials ---- for quarter one, 2023 --- as we are now at the end of quarter one 2024:
Sales have dropped to $158,077 for the quarter.
Minus $62,106 CGS (cost of goods sold) = $95,971 net sales.
Minus $193,737 general and administrative expenses = (-)$97.766 loss from operations.
Minus $111,588 interest expenses =TOTAL LOSS of $209,354 per quarter one.
Yes, that is just for one quarter. We do not know what the other quarters 2,3,4 numbers were, as they have withheld them as of now from the stockholders. Does anyone believe that those will be better since this leadership is withholding them? Are they that embarrassing or is the excuse that it was too expensive to report quarterly --- and how would that be comforting for the stockholders, that they do not have enough money to report.
Sales are declining over the years and THAT is never a good sign. How long can this continue year after year as these losses have amassed for twenty years.
These are the facts why this is trading at this laughable low price.
Check the financials on the OTC MARKETS to verify.
>>>You've been told multiple times why you don't deserve substantive argument.<<<
Yep, that's exactly the answer I expected. ----- no answer! LOL!
C'MON. this IS fun!
But it IS fun? If its not fun pointing out to all the 'true longs' who cheer this, the sad financial state of this company, why would I be here. If it is NOT fun for you and all the 'true longs', why would YOU be here? Life is too short not to have all the fun you can. C'MON!
LOL, not doing too good of job at it, are you? Kind of hard to do so when this keps trading at this rock bottom stock price. Try a little harder and maybe this will rocket up to .0004, LOL!
C'MON, this IS fun!
>>>You Are A Freaking Parrot!! Never-Stop-Squawking.<<<
Another post with no substance ------ care to talk about the company and its decision to stop reporting quarterly anymore?
And YES, the 'true longs ARE getting a little bit testy. But I do understand ----- .0001 - .0002 -.0003.
LOL, again the same poster with no post of substance --- only obsession with attacking the posters that point out the obvious negatives in this company and its leadership.
How is this not fun?
>>>Just Pointing Out Facts!!<<<
FACTS? Yes let's talk FACTS, but the 'true longs' will not discuss the FINANCIAL FACTS, will they? $10,000,000 in note/loans must be paid back. Of which all but ONE has matured already and due to lack of sales (funds) they had to be extended. So when the remaining ONE comes due soon (3/5/24), according to my records from the financials when they use to report them, ALL note/loans have matured, not paid back and extended. THAT is of NO CONCERN to the 'true longs'? That the company CANNOT pay back their loans? THAT is the kind of company that all want to invest in? REALLY? Does anyone here know even a small bit of accounting?
Read and study the financials. The PAST financials, because this leadership has not reported any quarterlies since the first quarter 2023.
>>>There is not one other person on this forum that has stated it is not real. Not a one.<<<
OH MY, yes THAT is reputable and obvious source of knowledge. The ones that cheer a company and its leadership that rewards them with a .0002/.0003 stock price! ----- WOW! This is more fun than I thought!!!!
But anyway ----- Why is this called PHANTOM? And again, this joke of a conversation started with my question of "HOW is THIS trial going to make this company profitable, when they CANNOT sell enough product for man's most prevalent pains (muscle, joint and BACK)"? Why are we avoiding the real issue and question. ---- Maybe because there is no answer? So we twist and turn and try to humiliate --- as if any would be so, from the 'futile and immature' attempts of such, from the 'true longs' posts.
C'MON, this IS fun!
>>>ART Is A Flipper. Lies To Manipulate. Uses-Moms-Computer.<<<
"Insults reflect the intelligence from the mouths who use them"
And YES, definitely the 'true longs" are getting a little upset! LOL!
Yep, the 'true longs' are getting a little upset. But I understand ----- .0002 - .0003!
LOL, you tried that before, but really ------- Why is this called PHANTOM?
----------------------------
phantom
or fan·tom
[ fan-tuhm ]SHOW IPA
an appearance or illusion without material substance, as a dream image, mirage, or optical illusion.
-------------------------------
But as I said and asked you previously, before you got fixated on this "phantom pain' issue with your laughable attempts at humiliation, ----- what is the market for this 'phantom pain' compared to all muscle and BACK PAIN. YES, this management cannot sell enough product that was cleared for the most common major human pains, and the stockholders are supposed to get excited about this trial being the difference that will make this company profitable. Yes, forget about BACK PAIN, this trial of PHANTOM pain will be the one? C'MON, let's keep this real. This is trading at ROCK BOTTOM stock price WITH BACK PAIN cleared but you want to ignore such and make this a moral issue. --- LOL, you cannot make this stuff up!
>>>I will consider the source on that opinion, who has the following strikes against him:<<<
Strikes against them? BY who and what pitchers? The 'true longs' that are throwing 'wild pitches' day after day at any batter that doesn't say "GO BIEL - GO KELLY" and points out the sad and dire state this company is in, FINANCIALLY?
LMAO -- Go back to the 'dugout'!
C"MON, this IS fun!
LOL, hmmmm why do they call it ------ "PHANTOM" -------- PAIN
C"MON, this IS fum!
NOTHING at all bobby!. Go for it, I have nothing against flippers whatsoever! The true longs are the ones that mock them. The stock market is all about making money -- however you want to make it! LONG, SHORT or FLIPPING (ie. TRADING). But again, 'the 'true longs' don't like that 'flipping', they think that is evil and harmful to them.
I, myself have recently put some on the 'ask' of .0001, but have not filled, even though it has hit there a couple times. A nice double or triple is the goal. But SHHHHH, don't tell the true longs, as we are not supposed to do that because they don't like that, ---- LOL!
LOL, you forgot the three zeros in front of that 2. YES, the three zeros that make this a laughable pathetic stock price. But no problem right? This will trade at the 'very high' .0003 soon! WOW, we ('true long' stockholders) are really trying to find SOMETHING (anything) positive about this, ---- aren't we?? --- LOL, .0002/.0003!
OH YEAH ---- and the whopping amount of $37.50 is traded so far today!
It's going to take some major news to move this stock price up from where it has descended to now. The product testimonials and trials are not working anymore. The news to move this cannot come from the company and its leadership, as IMO they have lost all there credibility. No more updates from a major loaner will work either. Stockholders have undoubtedly become apathetic toward these company updates, as so many of those updates were and are, all air. "Fool me once shame on you". "Fool me twice shame on me".--- ie. SYNERGY deal announced - CEO stating "2022 will be the year for Bioelectronics!" - announcements for years of distributors all over the world (UK, Australia, Italy, Mexico, Canada, South Africa, Singapore, etc etc.
Looks like only the actual proof of SALES and profitability from verifiable and certified financial statements would be the ONLY thing that might work. Now NOT reporting them to the stockholders quarterly anymore, is undoubtedly not helping with any investor confidence.
>>>The fact that you're spending EVERY DAY here looking at BIEL is telling that you care deeply about this company.<<<
WHAT? Not come here and miss all this entertainment????!!! ----- NO WAY!
"GO BIEL - GO KELLY" --- for a company and leadership that has rewarded their stockholders with a .0002, .0003 stock price? --- WOW!
>>>Totally And Utterly FALSE!! You Ingnore Great Positive Posts!!<<<
LOL, not at all, I'm still waiting for those 'Great Positive Posts' that can rebuttal and answer the dire financial state this company is in. 'Posts' that can find ANY 'positive' in the fact that this company must payback over $10,000,000 in loans when they have nothing near that in sales for years. In fact that feat (payback of loans) would be truly and honestly remarkable since they have NEVER shown a profit in twenty years. Well maybe the family will dilute some more and take in more stockholders so they CAN get, at least THEIR loans, paid back. Because what is a few more BILLION shares when you already have 25 BILLION OS already.
C'MON, this IS fun!
>>>Keep up the good work, team Biel.<<<
THIS is exactly why I come here!----- "GOOD WORK TEAM BIEL"!!!
.0002/.0003 stock price, LOL!
Great entertainment.
Never said that the company paid! It is quite obvious that this company that has NEVER shown a profit in their TWENTY YEARS of existence, cannot afford to pay for all these trials --- even after receiving those GOLDEN USA FDA CLEARANCES. They need all the grants and/or university funded trials they can get, to do those. If you have enough connections in those areas that can get the government or university funding for trials, GO FOR IT. But its what you do with those clearances (sales) that matters to investors, NOT how many trials they can do. And what they have generated in sales from them is ------- well. you know!!
LOL, again no post with substance about the company or an investment in this, just feeble attempts at mocking posters that point out all the negatives in this company and any investment in it.
Numbers don't lie, perhaps one should look at the financials and discuss them. ------ OH YEAH, that's right, they haven't reported them since quarter one 2023. We are in quarter one 2024. Most reputable companies that are publicly traded, care enough of their stockholders that they will report financials quarterly. Not this one. What one might want to ask ---- WHY? ---- I think the answer is obvious.
>>>You Flipper Make Burger And Beer Money!!<<<
If that is true for flippers, then they're doing better with that 'burger and beer money' than the 'true longs' who must be in the RED big time if they truly are holding LONG! ie .0002/.0003
LOL, I would not keep attempting to paint the flippers as negative and/or evil. Seems like they are making more money than the ‘true longs’ right now ———- .0002/.0003 ——- ya think??!!
Studies, Studies Studies ----- Trials, Trials, Trials!!
What more will these STUDIES and TRIALS bring, when they already have numerous USA FDA CLEARANCES for YEARS on all muscle and join paint. YES, that includes the NUMBER ONE human pain ----- BACK PAIN!. That was supposed to be the the GOLDEN USA FDA CLEARANCE and look what happened. They cannot generate enough sales from those GOLDEN clearances to be profitable or find a buyer or merger partner with those clearances. But now the stockholders are getting excited about clearances that dwarf that muscle and joint pain market???? ------- C'MON people, get real!
I know, remember when the 'true longs' would say the stock price was being manipulated by those 'shorting' the stock? That was supposed to be the reason for the decline in stock price and not the sad sales and financials. Who is shorting now and how much can those 'shorters' make, as this stock price is at rock bottom right NOW!
LOL, EVERYONE is a flipper to all the 'true longs' when they point out the true sad state this company is in and the lies that management has stated to its stockholders over the years. They call them that (flippers) because they have no counter for these stated failures and lies. The 'flippers' (LOL) calling out of the factual decline in the stock price, due to the market's knowledge of all these failures ----- is because some are FLIPPING???
LOL. C"MON!
>>>art2426 Is A Flipper.<<<
LOL --- And the 'true longs' are 'pumpers that have been 'pumping' a financial disaster of a company to all existing and potential investors and never talking about the sales (lack thereof) and the laughable financials. YOU are the ones that must be working for this company or part of this 'family' that has rewarded themselves with 50% discounted priced stock, because who else with defend what this company has FAILED to do for over twenty years. Please don't tell me you are all just normal investors and the YEARS of failures selling product to make this company profitable, does not faze you. Because the market sees this as a failure (.000X stock price), and you all do not? ------ WOW!
But anyway ----- GO BIEEL - GO KELLY! LOL!
C'MON this IS fun!
>>>You go tell these 44,000 people suffering phantom limb pain to the point of suicidal ideation that their pain doesn’t exist<<<
"In 2020, low back pain (LBP) affected 619 million people globally and it is estimated that the number of cases will increase to 843 million cases by 2050, driven largely by population expansion and ageing (1)."
https://www.who.int/news-room/fact-sheets/detail/low-back-pain#:~:text=In%202020%2C%20low%20back%20pain,expansion%20and%20ageing%20(1).
LOL, my point was that this company cannot sell enough product for the NUMBER 1 human pain that it has been cleared for, YEARS ago! And this 'phantom pain' use of Actipatch (for 44.0000 as you say) will be the difference in saving this company financially? Let's get real!
But please, keep trying to twist and interpret my posts for your personal purposes and make this a 'moral' issue.
Thanks for the continuous reinforcement of my posts.
C'mon this IS fun!
https://abcnews.go.com/Health/PainOverview/story?id=4034145#:~:text=Answer%3A%20The%20most%20common%20types,to%20joints%20whether%20it's%20accidents
Back is #1. Notice 'pain in the joints' is one of the most common pains also. The Actipatch has clearance for all joint pain. Seems to me that 'phantom limb pain' did not make the list.
Have great night all!
Ditto again. Thanks for verifying that ditto!
Care to talk about the company and the financials? ------ I didn't think so.
Have a great night and thanks for the entertainment!
>>>BIEL is in whale watch mode…..<<<
Is that 'whale' riding that 'tsunami' wave that the 'true longs' said was coming --- many YEARS ago?
Ditto my previous post!
This IS fun!
Keep going, this is fun. LOL, another post only about a poster. --- But your NOT obsessed, LOL!
Gimme a break, you know what I meant by "anyone". We are talking about stocks and investors. When they cannot sell for BACK PAIN, how is the market going to get excited about this clearance?
Again, let's be real. Nobody is investing in this for the 'good of mankind'. You are ALL 'in this' to make money. EVERYONE!
AGAIN, your crazy obsession with posters is obvious. Try spending less time on that obsession and more time on researching the financials, then get back to us for some conversation on that and how you and all the 'true longs', would defend those numbers ----- if you can understand them.
>>>The PR is out there for anyone to see…<<<
Doesn't seem like too many are seeing it (ie stock price)!
And even if they do see it, how is this news of a potential new use for the Actipatch on 'phantom pain' going to excite anyone, when they cannot sell enough product to be profitable, when they already have had, FOR YEARS, a clearance to sell this product for the number ONE human pain ---- BACK PAIN?
What is the number of potential users for this versus BACK PAIN?
Is loss of limb pain a bigger market for knee pain, neck pain or the most common pain --- BACK PAIN? Or any other pain that this company has a clearance for. Now we are hoping and praying that they will make BIG MONEY on a product that will take away 'phantom' pain? Yes, they will make BIG MONEY on taking away pain that doesn't even exist.
They cannot sell enough product with all those other common pain clearances to be profitable. Now this will do the trick. C"MON!
Like I have said many times, they are good at doing trials and getting clearances ---- not so good at making money from them. OH WELL, maybe the 'next' clearance from a trial will do it.