Bioelectronics Corp (BIEL)

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This just in from the President:

BioElectronics has great potential and we are focusing our limited resources on the key areas.

The CVS sale was a test as part of store remolding program. Our product did very well without an advertising and promotional campaign. We have been included for evaluation by another chain. It’s the strength of the product.

Our focus right now is on the following:
• FDA market clearance for musculoskeletal pain for the entire body and relief of postoperative pain which will also cover chronic wounds.
• Rebuilding our sales in the UK behind the counter at higher margins.
• Recruiting marketing partners for ActiPatch®, Footcare, and the wraps and sleeve market.
• Actively discussing with an international pharmaceutical company product distribution internationally and the US orthopedic market.
We will be more communicative in the future.
Regards,
Andrew J. Whelan
President
BioElectronics Corporation