Replies to post #157228 on Bioelectronics Corp (BIEL)

[misanthrope]

Not sure what difference it makes, but I think the products have potential, the company itself is a mostly unmitigated disaster. There is the possibility of very positive news coming, but whether BIEL can turn that into profits remains to be seen.

A few years ago when the international markets were opening up, the predictions on expected revenue were astounding, along with the estimated climb in PPS. Virtually none of that materialized. Meanwhile, it has been 10 years of 'wait, here it comes', but 'it' just doesn't, and even when it does, the impact is minimal.

Company is about to turn in its 58th straight losing quarter (even though earlier this year we were hearing 'BIEL profitable going forward'). Share structure is abysmal, and has HUGE impact on trading patterns, regardless of market cap. Frankly, with the recent downturn, It think the current PPS is a better reflection of the company's worth than the half penny it hit a few months ago.

The impact of the product on the national opioid problem is massively overstated. The sale projections tossed around are ridiculous, and I don't think BIEL gets to a nickel without an R/S; and BIEL is not subject to Maryland law on SEC registered companies in terms of an R/S because BIEL is NOT an SEC registered company, and hasn't been since 2011 (see Edgar filings). A huge R/S or two could be painful to those holding shares at the time.

I have millions of shares, and hope to sell them when the right price hits and never look back. If longs hang around and all become multi-billionaires I would be most happy for them, but I think that is a very, very long shot. I prefer to take my expected gains and bolt. I don't think the company can pull of everything it needs to accomplish to make a lasting impact anytime in the near future. I could very well be wrong, but after reading enough posts about stuffing mattresses, and imminent tsunamis, etc., and seeing little to nothing truly happening (yet), I become less confident in the company every day.

BTW - I will be shocked if the FDA does not approve for full body use. I can't wait for that to finally materialize, and ride that 'tsunami' right out of the BIEL market.