Bioelectronics Corp (BIEL)

[DewmBoom]

Massive Quarter for $BIEL -Q2/2017 Just Ended on June 30, 2017 could be a Massive Quarter for BIEL

If you look at historical quarters, the second quarter is the highest in sale even before the FDA recently cleared the product for OVER THE COUNTER sale in the USA. Remember that Biel added recently the TESCO sale in the UK but toward the end of the quarter, and also updated their product line in the USA to comply with FDA requirements.

Q2/2016 was unique because of the major article published in the UK about the Actipatch on April 23, 2016.

http://www.dailymail.co.uk/health/article-3555221/The-20-pulsing-skin-patch-end-misery-chronic-pain-arthritis-sufferers-diabetics.html

It will be great if Q2/2017 beats or matches the figures below. With more stores OTC access, especially in the USA, the best quarter expected for this year is Q4/2017. Biel needs something on the order of 1.2 million in quarterly sale to breakeven. It is definitely achievable before or by the end of the year. Dewmboom predicts profits in Q4/2017 for the quarter. Also Dewmboom predicts that Biel will become profitable starting with Q1/2018. That is why I am forcasting an early retirement in late 2018.

Invest in Biel and don't trade it!!!!!

Sale:

Q2/2015: $ 675,348
Q2/2016: $ 689,659