1) Great, now deliver on the no later than date. I am curious as to whether or not the new CPA will require them to restate the bill and hold transactions from 2009.
2) Again, this is great, but they need to produce results. They have been through literally dozens of distributors in the past and sales have not taken off.
3) Unfortunately we have heard the "FDA is close to making a decision" for years now. Stop talking about it and make it happen.
4) Hopefully this new product will gain faster approval than the PEMF line and will be a good source of revenue.
5) This is where things always start to go off-track. Why even say something like this? If "Major Pharma" was truly interested then they would have put a NDA in place with BIEL. There is no point in even making this statement aside from trying to pump up the PPS. When you have entered into serious discussions then make this announcement. Until the, it smacks of penny pumping.
6) Hopefully they place an order. 15,000 units? Isn't that the exact number of units Joe Noel ordered in the bill and hold transaction and never took delivery of?
7) BIEL is not generating enough revenue to fund operations. When they say the have "enough money" that means that they have entered into additional finance arrangements which will likely result in dilution. We'll see exactly what he means by enough money when the financial statements are released.
Good luck.
