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Friday, April 24, 2020 2:49:47 PM
Nah....Biel is moving forward.
Really...?
It's nearly May of 2020, the latest in a string of five consecutive 'Years of BIEL', not one of which has materialized or benefited long term investors.
Full body FDA approval is behind us, and the predicted tsunami resulted in a share price now flirting seriously with .0005 - a drop of 44% in value from the pre-approval price.
News of the CE mark's reinstatement? All silence on that front.
#Igotthisdad ? #180days..etc., etc., etc. All silence on those fronts as well.
The story is the same year after year after year. B. Braun was going to make the company millions. Didn't happen. Mundi was going to make the company millions. Didn't happen. The VA was going to make the company millions. Didn't happen. Remember all the posted pictures of ONE patient wearing an ActiPatch after knee surgery? There were going to be thousands or millions of those patches being worn post surgery! Didn't happen.
Remember reading how easily BIEL gets to a penny? Three cents? Five cents? Eighteen cents? Dollars even? Please refer to today's trading for an accurate valuation - .0005/.0006. The 'price that will never been seen again' is in reality the price that never ends.
Remember all the CVS stores being added to the test run? Suddenly that deal was 'bad for BIEL'. Bah - apparently it's better to sell next to nothing than have a major retailer carry your product. CVS - another money maker that didn't happen.
The 180 days is over - the same 180 days about which KW stated the virus would not impact. OK then - so? And yet again....DIDN'T HAPPEN!
No deal - no announcement - and so conveniently a pandemic to divert attention from the root issue - the company's leadership is perpetually abysmal.
The BIEL train has been boarding for 16 years now and never budged from the station. BIEL isn't moving forward - it's going absolutely nowhere, as always.
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