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Re: srinsocal post# 275389

Tuesday, 09/14/2021 8:37:14 PM

Tuesday, September 14, 2021 8:37:14 PM

Post# of 331669
Exactly. if BIEL is thriving and profitable, MM's are powerless to manipulate the price.

The jury is out, as far as I'm concerned. I don't like the overly optimistic speculation about BIEL suddenly generating millions of dollars in revenues and achieving a multi-billion-dollar market cap -- I think that is the same bullshit that's been shoveled for years, so I often express an overly pessimistic viewpoint in protest -- but speculation is all just fun and games. FDA clearance is ancient history. BIEL is going to record big profits or they are going to fade into oblivion.

I think Q3 and Q4 will be diagnostic. These OEM Partners can either sell the thing or they can't, and after Q4 2021 sales are in the books they will re-assess and decide the fate of BIEL. Q4 should be bigger because of the "Christmas effect" that has historically raised BIEL's revenue numbers.

I want BIEL to succeed and I hope these OEM Partners show huge sales in Q3 and Q4. But I also want the "rocket ship to the moon, double tsunami, nuclear explosion" nonsense to stop. BIEL has some hurdles to overcome, the main one being the huge pile of convertible debt owned by the Whelans. Yes, they are deferring interest and payments and salaries, but I think that is only because they see a huge paycheck on the horizon, and that won't be possible until BIEL shows a profit.