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Re: edbi46 post# 65512

Monday, 12/07/2015 10:46:14 AM

Monday, December 07, 2015 10:46:14 AM

Post# of 330593
"How much PPS will be on approval, right after"

There is no approval coming, hence why the stock is trending lower. If approval was imminent, BIEL would not be selling off.

Remember, BIEL has received communication from the FDA explaining why approval was not granted. FDA guidelines stipulate written communication must occur at 100 days. This communication is not a FDA 'goal' or an 'objective'...this is an FDA requirement.

The stock is trending lower because as time goes on, it is increasingly apparent the OTC approval was not given and is not coming.

Just think...if FDA approval was coming, do you think the stock would be selling off?