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Re: Patient Invester post# 262627

Thursday, 04/15/2021 12:01:05 PM

Thursday, April 15, 2021 12:01:05 PM

Post# of 329052
Posting financials with positive trends will indeed help the BIEL PPS.


Here are a few risks to investors that currently suppress the PPS.
- The Related Party Notes with the holder's option to convert the debt that they hold to 41,735,939,447 billion shares
- The AS is pretty much maxed out and may need to be raised to provide additional working capital.
- As of 12-31-2020, Current Assets were $425,167, while the Current Liabilities were $8,843,178.
- KT-Tape has an exclusive in their space. How much price pressure can KT-Tape exert on BIEL's OEM pricing?
- KT-Tape has an exclusive in this space. This limits our ability to expand sales.
- BIEL lost money in the 4th quarter, 2020, and for the entire year.
- KW and PW collected no interest in 2020. Will they in the future? Nearly $1 million in annual expenses could reappear at any time.
- Payment of the SEC fine is long overdue. There could be negative ramifications of this delinquency.
- Will other products, like Allay, gain FDA clearance?
- An inexperienced CEO, President, CFO, Treasurer, Executive Board Member.

Some of these investor risks that IMO are harming the PPS, could be mitigated with positive information and action from BIEL management.

I guess that the BIEL train has run out of fuel. Hopefully, our exclusive relationship with KT-Tape will provide the needed fuel. I am hopeful that KT-Tape can sell this product. If they can't IMO, no one can, but it is too early to tell.

All of my comments are based on my own due diligence and are only my opinion. Please conduct your own due diligence and research before deciding whether to buy or sell any stock. My posts are for entertainment only.