Bioelectronics Corp (BIEL)

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The Neurometrics unit is a Tens that is designed specifically for Diabetic Peripheral Neuropathy. Customers pay a monthly $30 for electrodes and $500 if they don't return the unit in good condition.

1) Tens systems block the pain signal, doing nothing to heal the cause of the pain. Unlike the Actipatch which helps damaged tissue heal.

2) The Neurometrics unit is designed for a specific indication, Diabetic Peripheral Neuropathy. It has a limited market. The Actipatch works on any type of tissue damage, head to toe.

3) Neurometrics has customers sign a contract, $30 a month and $500 charged to your CC if the electronics are not returned in good condition. Actipatch is $30 for 720 hours of therapy. No commitments and no $500 electronics to worry about.