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Re: GetSeriousOK post# 290419

Monday, 05/09/2022 11:12:53 AM

Monday, May 09, 2022 11:12:53 AM

Post# of 331638
Pretty simple if one acknowledges the Facts and the Timeline detailed previously, reread post 209414 for details

The Timeline is not being acknowledge.

BIEL used up its Raw Materials in 2021 filling OEM orders, the majority going to KT. Fact, Raw materials at EOY 2020 - $136k, Raw Materials at EOY 2021 - Zero .
More Demand in 2021 than BIEL could meet due to Chip shortage limited 2021 Sales.

Fact, As of 2/28/2022 BIEL found enough Raw Materials to send over $200k in devices to fill 3 International customer orders per the 2/28/2022 Company Update.

There was a Chip shortage affecting BIEL's production ability in 2021. BIEL has found a source for Chips in 2022 as shown by the Q1 2022 $200k International shipment and the scheduled Q2 Launch of SAI Brands 'Powered BY ActiPatch' Products.

Companies run into problems all the time. BIEL found a solution to the global Chip shortage problem that interrupted their Chip supply in 2021 and is producing devices and filling orders in 2022.