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Re: None

Monday, 11/16/2020 11:20:20 PM

Monday, November 16, 2020 11:20:20 PM

Post# of 330571
Why Rock a Boat that is headed in the right direction and picking up speed?

KW took over management of BIEL 13 months ago.

She brought Dr. Staelin back to BOD as COB.

She brought Keith Nalepka onto the BOD.

The BIEL 2.0 Management Team has:

Changed BIEL's focus to OEM and Licensing.

Achieved the elusive FDA Musculoskeletal OTC Clearance for ActiPatch.

Achieved the CE Mark for both ActiPatch and RecoveryRx.

Signed long term OEM Contracts with 3 Partners for US Retail Market.

Signed a Medical Professional Marketing Deal for RecoveryRx in the US.

Signed an International Licensing Deal for ActiPatch.

Signed a RecoveryRx Distribution Deal for Europe.

Signed a RecoveryRx Distribution Deal for Asia.

Signed a RecoveryRx Distribution Deal for Latin America.

Signed a RecoveryRx Distribution Deal for MENA.

Brought 2 OEM Products to Market under the iconic DonJoy name.


All of these accomplishments and some want to Rock the Boat, starting a power struggle for control of BIEL. This would be an unforced error with serious negative consequences.