Bioelectronics Corp (BIEL)

[pennytiger]

"There’s a lack of mass advertising from Biel and their OEM partners."

BIEL never had the funds for mass advertising, they barely had money to get FDA approval. That is why it was so vital that they partnered with someone with money and resources.

IMO it's up to the OEM partners now to generate massive sales for the Actipatch, I think right now they are a little tentative to do so. We are in the middle of a pandemic and companies are leery when it comes to spending money.

Some of the setbacks we've had, definitely BIEL's fault, and some is just bad luck. BIEL finally makes headway, and we get hit with a pandemic! And because of this we don't have a good assessment of how well the Actipatch would do, sales wise.

Without a massive advertisement push, products do not sell, it's just reality, even Coke still advertise, and everyone already know they exist!