Bioelectronics Corp (BIEL)

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You get what you pay for

BIEL went with an Economy distribution package for today's PR.

A Google search showed a half dozen sites running this PR, one of those being BIEL Facebook.

This was a placate the existing Shareholders PR, not a bring in new Shareholders PR. The news was a solid "B" but the distribution was a "D", a step above a Shareholder email. I get it, BIEL is still pinching pennies until the OEM revenue pipeline has a steady flow.

In BIEL's role as a OEM Supplier they don't get to throw a party every time they sign a new Partner. IMO, if BIEL could divulge all of their existing Partners socks would be knocked off from NYC to LA.

It must be rough, signing a Contract with an iconic company everybody would recognize and then having to sit on it for 3,6,9,12 months until the Partner is ready to Launch their ActiPatch Enhanced products.

Remember life before KT and DonJoy came out of the closet. It was a lot of 'If BIEL had significant Partners they would tell us the names', 'the NDAs are a scam to deceive shareholders'.

It is time to give the management team that landed KT, DJO and SAI Brands their due and let them continue with their impressive results.

BIEL has little control over delays caused by the pandemic, the global shortage of chips, and Partners changing their timelines.