Bioelectronics Corp (BIEL)

[misanthrope]

I don't think the FDA has any reason to deny full body clearance; mostly it's a matter of the usual over exuberance providing false (premature) hopes. I think BIEL will get clearance, whenever the FDA is ready.

I don't buy any of the massive sales/profits/etc. predictions, even post approval, and certainly none of the PPS prognostications. Eighteen cents by YE 2018 looks about as likely as unicorn sightings. This company has a long way to go for revenue and profitability, and despite claims to the contrary, share structure matters, and it's abysmal. When this hit a half penny earlier this year it dropped nicely afterwards, and proceeded onto a steady decline. Too many shares, so too many flippers, etc.

But hey - the laser focus is on mattress stuffing, so don't be distracted with facts.