Bioelectronics Corp (BIEL)

[mtoronto]

Makes me wonder what the statement below in the update really means?


“ Our channel partner has expertise in creating custom orthopedic appliances and has been asked by a global provider of high-quality orthopedic devices to develop a product for proposed post-operative use, and two other anatomical sites which fall under existing OTC indicationsf”.


Our channel partner may be also considered to be a third party that seems to or maybe has the rights and license to either redesign or develop a product for post-operative use and two other anatomical sites!


Now who is this Global Provider? How big is this company? Could this company be one of the top ten big Pharmas?


Lot of questions to be answered from BIEL or should I say a lot of answers from BIEL.


I do believe there is some type of message in this update. What do you think?