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Re: Steve43 post# 28698

Monday, 03/11/2013 11:43:01 AM

Monday, March 11, 2013 11:43:01 AM

Post# of 330579
To your comment about 2 to 3 cents being a touted exit price - IMO, if BIEL gets to 3 cents, it will get to a dime, or more, because it will have been a result of one or more of five reasons:
- real progress at the FDA creating optimism for timely OTC approval;
- a major retail chain in the US, or one of the other countries where it is already approved for OTC sale, adds it to its SKU listing;
- the founder gets out of his own way and the company announces a dynamic new CEO;
- Gro-International is successful, almost a month since that announcement; and
- a merger, or acquisition by a major player in the pharma or device spaces.

BIEL ran to 12 cents plus a few years ago on fictional rumor, if any 2 of the opportunities above become reality, I'm happy shareholders will win. As you essentially said, this is a company ready to leave the nest and fly. How many companies do not have the product line BIEL has?