Friday, July 13, 2018 2:28:18 PM
If you filed for EAP, with your filing would you issue press release to highlight this?
If FDA (ever!) accepted an EAP filing from BIEL or anyone else, that is significant. It is basically like the FDA accepting that you have created something revolutionary, a "breakthrough" and they are rolling out the red carpet (and cutting through the red tape) to help you get your product to market faster - so it can begin helping people sooner than later.
So again:
1: Did BIEL file with EAP?
2: If not, what is the estimated time until clearance?
Do your DD. If you're going to hype this stock, know the answers.
Me, I'm satisfied with where they are and what they have at the moment. I have my expectations set. I see with the 5bln AS increase they'll get some survival money to help them with all the moving & shaking and PEMF-loop deal making.
Dilution-for-dollars SUCKS for investors, but what are you going to do really? Sell, or buy more. Do you really have any other options here? Do they? Look at their last report (ending March).
Pull their patents. Read them. Understand what is "approved" (cleared). Understand difference between class I/II/III devices and where BIEL sits. Determine if that is significant to you, compare other products in same class and same/similar technologies. All part of DD.
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