Bioelectronics Corp (BIEL)

[srinsocal]

Did you specifically ask Paul if Synergy was an OEM deal or a Distributor deal?

Because he did not answer that specific question.

I am sure you noticed that he did not use the word 'Distributor' or 'Distribution' in his reply.

He also did not use the trademark 'RecoveryRx' name instead using 'RecoveryRX'.

Paul also said " promoting the product via a traditional device company marketing and launch plan". Shouldn't he have said, 'traditional distribution company'?

The BIEL VP of Sales and BOD Member stated, "Our OEM plan is clicking as we have added 25 new countries, SEA, APAC, CIS, Africa, MENA". There is no doubt that he was referring to the Synergy Deal.

The public relations rep, Paul, did not call it a Distribution Deal, after working at BIEL for more than a decade did not use the RecoveryRx trademark, and said the promotion would be "traditional device company marketing" not 'distributor marketing'.

I am going to side with our VP of Sales on this issue as he is the one who spent months hammering out the Deal with Synergy and knows what type of contract he drafted.