OK Steve - in the last couple of hours, diarch asked in a post what BIEL might be worth in a best-case scenario and asked if perhaps 2 bits might be a realistic number.
yankee55 asked about thoughts/reasons for the recent upside move.
My last post set out some, not all current goings on like - the Gro-International deal Feb 14 for the EU and Africa, London England Gala BIEL received runner up device award to the Boots no-touch thermometer, the recent publicity at Johns Hopkins gala and it was just that - good publicity bought or not, the upcoming public meeting hosted by the USFDA in a couple of weeks on April 5th and the fact that the FDA apparently admitted they did not have the scientific horsepower in-house to assess electronic devices and were going to hire 200 people (I liked the honesty of that, if true!)....
Then you opined in your last post about 20 cents, without FDA approval.
Would you please share your thoughts if BIEL does get OTC approval for its devices? Remembering that so much of the regulatory approval process is avoiding getting a permanent 'no'.
In other words, "we ain't dead yet". And if your opinion is 1 cent, 3 cents, or $3.00 WITH FDA approval, in other words, the best-case scenario diarch asked for, please be frank.
You may wish to couch your opinion with a 2-stage scenario. For instance, the public meeting doesn’t produce a yes or a no for the numerous companies applying for OTC approval for their devices, but the FDA takes everything under advisement which, in essence, means we ain’t dead yet and the company lives to fight another day in the painful approval process. Ughhh.....
Give it your best shot steve - thanks
