Bioelectronics Corp (BIEL)

[3331]

PATH TO $1.

1000 Veterinarian Clinics (USA):
Conservatively assume each office orders 10/mo. @ $100 each for BIEL (Vet sells for $200, a bargain compared to Assisi):
1000 x 100 x 10 x 12 = $12,000,000 rev/year.

100 VA Hospitals:
Conservatively assume each hospital orders 100 RecoveryRx per month ($100 each for BIEL):
100 x 100 x 100 x 12 = $12,000,000 rev/year.

Using profit = $20 mil and P/E = 100 (reasonable considering some stocks like PLTR have a P/E = 500):
PPS = .08!

Additional revenue could be generated from new FDA clearances, vagus nerve patent, NPA, UK/Australia contract rumor, etc. Initiating a stock buyback program after all of the loans are paid off would propel the pps much higher (pps = .25 to $1?).