Replies to post #152885 on Bioelectronics Corp (BIEL)

[China Cat Sunflower]

Study - 24,000 cleared devices from 1/1/06 to 12/31/13. What was the average time it took? 6 months. Radiology devices are the fastest but not much faster and dental seems to be slow. Takes about 5 months for the application to formally clear.

Lots of talk on this board about the 60 day period and the 90 day target. Those are only guidelines. The data shown on this link is much closer to reality IMO.

The talk of $0.18 by Christmas is a pipe dream. Not saying it won't happen but certainly not by Christmas...2018. I think we get approval by Christmas and the stock price at the end of the year is around a penny.

Link to study -
insert-text-here

The sales opps in the pipeline are exciting but they won't hit until Christmas as well. As a long, I am thinking I am in this a few more years. However when I am out, I do expect the price to be a few shiny gray coins per share.