Bioelectronics Corp (BIEL)

[Dubb10]

To clarify, that's $7.8M (conservative minimum) in addition to other costs. While I don't have the experience you wish, I do reiterate that I'll believe the M&A talk when I see something official.

Now for the rant...

Tell me, why is openly questioning about speculation of M&A's off limits esp when we've seen Groundhog's Day documented in the links I've provided? If you follow the discussions in the links I have provided, the talk is eerily familiar over the past 5 years now. I do have experience with OTC and FDA-based stocks and know that some CEO's don't always tell the full story of what is happening, and investors sympathize with them - whether they're wrong or right. Too many CEOs (not all) are just trying to win the argument with angry shareholders. That is why I take precaution (and advise others to do so too). The red flags are raised especially when I hear the same conversation come up over and over again with a particular CEO and company, all while shareholders are left dangling. I've criticized Andy on some topics, but I've also give him the benefit of the doubt b/c I think he's a bit desperate at this point and trying to do what he can.

I repeatedly see that the default argument on many of these types of boards is usually, the FDA is in the pocket of Big Pharma when the process doesn't go as quickly as many hope. I also see the scam arguments. Between the "pumpers" and "bashers" on a messageboard, (the saying is) the real truth is somewhere in the middle.

If general questioning and discussion about everything relating to this stock can only be dependent upon experience, how can any (past/present/future) investors on this board without Electronics knowledge (there are a few with knowledge) freely talk about anything concerning this topic and hence criticize the FDA? Especially about:
-how electronic tech should be approved by the FDA without knowledge of how that stuff works plus general AC/DC hazards,
-how the specific testing works for the devices manufactured,
-the manufacturing standards as stated by various agencies/organizations,
-what specific questions the FDA has about the safety/efficacy data or clinical testing in general,
-the basic issues raised by various government organizations/agencies (not just the FDA) that revolve around the human tissue's absorption of electromagnetic energy without sufficiently researching the documents of the concerns raised

To play devil's advocate a bit: some on this board have said ActiPatch/Allay are perfectly safe from the reviews of customers and themselves. What about those with critical medical devices such as a pacemaker where ElectroMagnetic Interference can be a serious hazard?

The answer should be: there should be no limitations in civil, respectful discussion. That is where messageboards can be beneficial, b/c there are experts in varying fields with varying experience. At the end of the day, we can agree or we can agree to disagree.

Even with my 18 years of experience of AC & DC Electronics in the classroom and out in the field, this particular subject has taught me some extra things over the years about Electromagnetism.

Here's a secret for all investors who think otherwise: experts don't know everything. I personally know an expert in the field of medicine (PhD from an accredited university in public health and holds a management position with a medically-related global trust), and she will readily admit she doesn't know everything with her years of clinical studies in medicine. They have to be re-educated at times b/c technology and conventional thinking in some areas is always changing. In many instances, they have to learn about other fields of study. They have to be persuaded that conventional thought may have to be altered, but the onus of proof should rely on those making the argument. Otherwise, the FDA is spending countless man-hours trying to figure more things out. As I've tried to show in my previous posts, (IMO) Biel was making things more difficult, and the FDA still didn't agree after all was said and done.

Is there corruption in the FDA? Probably yes, as in any organization there will be a few bad apples.

Does that make everyone at the FDA crooked? No - refer to the saying about a few bad apples spoiling the bunch.

As a note for clarification: I'm not questioning Jizmin. I fully believe he is trying to recall everything Andy told him in their conversation to the best of his ability. That can be hard to do when one has a lengthy conversation with another person. I'm questioning Andy's overly optimistic views that we've repeatedly seen over the years, all while the share structure has sky-rocketed.

My rant is done for tonight. These lengthy rants are why I try to keep some of my responses short, sweet,and sometimes vague.