Replies to post #42300 on Bioelectronics Corp (BIEL)

[yankee55]

I thought that I would treat Team Biel and Simpsonly to a special Labor Day research finding.....what ya all think? I think Biel is standing to make millions when they sign a licensee agreement with a LARGE PHARM.....that is what I think!

http://www.tmcnet.com/usubmit/2013/01/08/6836322.htm

"With the planned acquisition of Pulsed Energy Technologies, we will be entering the multi-billion dollar pain management medical device market," stated Alan Collier, CEO and Chairman of Hanover Portfolio Acquisitions and IP Resources International. "Pulsed Energy Technologies' proprietary device has a reputation for efficacy and is being used by some of the most internationally recognized sports figures. We look forward to closing this transaction, which we expect will be accretive to shareholders through immediate revenue generation and strong prospects for growth in the U.S. and numerous international markets.

"Upon completion of the acquisition, Hanover's wholly owned subsidiary, IP Resources International, will seek to establish distribution and licensing agreements in multiple international markets for the Pulsed Energy Replenisher (PER 2000) to augment current U.S. sales. This transaction would further expand Hanover's IP portfolio, which addresses the market for worldwide royalty and licensing fees estimated at $237 billion in 2011 according to the International Monetary Fund (IMF)."

"Pulsed Energy Technologies is the developer, ISO-certified manufacturer, marketer, and distributor of the Pulsed Energy Replenisher (PER 2000), a proprietary Pulsed Electro-Magnetic Field ("PEMF") therapy device that is used for pain reduction for a broad range of indications by athletes including basketball superstar Shaquille O'Neal, NFL Superstar Terrell Owens, and multiple American professional sports teams."

[jdolby32]

Open for discussion, and I am sure this subject has been talked about before. BIEL at one time closed in the .12¢ range with pending FDA chatter.That was of course many moons ago and here we are with the FDA finally looking like they may reclassify this technology. So my questions are . . .

What does the PPS get to with just reclassification alone?

Where does it go if FDA approval is granted - and how likely is that with the relationship that Andy and the FDA have had in the past? Reclassification is one thing, but approval is another.

I know we have seen continued dilution and I am sure we have twice as many shares outstanding.

There seem to be several board contributors that have a handle on this company, and I would appreciate anyones thoughts.

BTW, I have owned three different patches and they are fantastic in cutting healing time in half.