Let's analyze this PR.
Current Medical (RecoveryRx) Sales
Summary: Sales suck. Safe Harbor Pump: maybe the VA will buy some. And maybe we can get back into the Veterinary market, even though we failed at that years ago and said it didn't matter.
Additional Clinical Trials
As if BIEL needed any more clinical trials that don't specifically target opioid use. We already have FDA clearance for OTC full-body pain. This Carpal Tunnel clinical trial won't qualify BIEL for NOPAIN Act reimbursement. Speaking of which: No comments about NOPAIN, Rick? Listen to your shareholders: That's their #1 hope right now.
Possible Legal Action against Mundipharma for breach of contract
They've been hyping this since last year. Tiny little BIEL is going to take on Mundipharma? How would this "litigation financing" work? Where would the trial take place, in the US or Asia? Why do they think anyone believes this pipe dream? I guess it's the only prayer for real money since Rick says "we're going to manufacture, not market."
Synergy Corporation Contract
Kelly Whelan kept saying "we will tell you about Synergy when it's appropriate." Rick is telling us that it was officially over in June 2023. It wasn't appropriate then, but you're deciding it's "appropriate" now?
Other Possible Sales Contracts
Staelin has used this line before: "These discussions are in different stages of progress, from discussing final approval and registration, to initial exploration of possible interest." It's Safe Harbor hype. Not even a hint about the deal Kelly Whelan suggested on FB that they have in the works.
Finally, I want to thank our investors who have been with the Company for many years.
Oh I'm sure you do.
No mention of the NOPAIN Act, Ilfeld's studies, the higher-power version, The Q-Submission, the expired patents, the corporation's current "NOT IN GOOD STANDING" status, the funding Staelin said the company needed because he was tired of doing it himself.....
And no mention of all that fine work towards getting BIEL's products approved for the new European MDR requirements? After all those boxes they checked?
And no mention of even ONE significant order in 2024? Staelin has always mentioned orders of $100,000 or more when they t happened. Guess it didn't happen in 2024.
The 911 trades from July through October were in preparation for THIS?
AI
