Bioelectronics Corp (BIEL)

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Some still don't understand the OEM Business Plan

BIEL no longer "Markets" ActiPatch in the USA.

KT Tape, DJO Global, SAI Brands have taken over ActiPatch Marketing in the US.

BIEL manufactures the ActiPatch Device and sells them to KT/DJO/SAI.

That's it, BIEL is done.

KT, DJO, SAI do the Marketing to consumers.

KT is almost up to speed in the US having purchased 21,000 lbs of the Devices and placing product in thousands of CVS Stores. KT also started selling their ActiPatch product, Recovery+ Wave, in the UK last month.

DJO has been selling their ActiPatch Enhanced 'EME Knee/Back Wrap' Products online for 6 months.

SAI has yet to launch but they are developing an extensive product line covering ever joint in the body.