Tuesday, August 30, 2011 7:46:10 AM
No, he didn't say that at all. The F150 is by far Ford's biggest selling vehicle. Does that mean the rest of their lineup is useless?
Being available online is great for investors that know about the product. Until they are able to advertise their products in the U.S. and it is available in-store we won't know how much demand there is for their products. You may be right and there might not be much demand. Or you may be wrong and it could be the game changer that some hope it will become. There is no way to know for sure until BIEL gets OTC clearance and starts marketing the product.
Once again, you are wrong and you are demonstrating how little you actually know about the company. They were never able to attain regulatory clearance to market the product in Japan. In fact, I'm not sure JN ever really tried to obtain clearance. IMO, that whole Japan farce was an excuse to book the bill and hold transactions in 2009 which artificially inflated the revenue numbers to make it look like they sold $1 million in product that year. Those transactions have since been reversed.
I have seen no evidence that JN is back on BIEL's payroll. His disclaimer states that he's received 2 million shares for prior service. I think he still has a bunch of free shares that he wants to dump so he's been taking advantage of the recent runup in share price.
I don't think anybody is arguing that the price will move back down if they fail to obtain approval.
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