Bioelectronics Corp (BIEL)

[Probity]

We do not know the nitty-gritty of any negotiations of the past.

No company in their right mind would partner with BIEL with only partial clearance in effect unless they have a right to expand on that partnership when full clearance happens. A first right of refusal clause.

Why spend monies, royalties, scaled up payments as sales increase, personnel time and effort by “X or Y” company with a partial clearance, and after all of that, full clearance happens and your competitor gets its all in a signed deal with BIEL because company “X or Y” didn’t have the clause.

Should and could BIEL have done better on its own with the clearances we already have? Of course. But there is no question in my mind that partial vs full clearances is a big difference in perception of value and much more likely to spur actual deals, sales, and even a buyout.

I can see no reason why we have clearance for use after blepharoplasty surgery, over the eye and near the brain, for well over a decade. And since then only clearance for plantar fasciitis and knee? Laughable! How does that impact the perceived value of our company? Is it a nothing burger? Is it BigPh influence? What happens with their massive lobbying monies? All conjecture and opinions.

It is about perception like you say. Full clearance creates a vastly different perception in the market and with prospective partners. Partial and full clearance is a world of difference IMO.

I guess for want of a better analogy, ask a teenager if a learner’s permit or permanent license has more worth.