Replies to post #167910 on Bioelectronics Corp (BIEL)

[Pineywoods]

DL you’re right, I haven’t met anyone bedsides shareholders who has even heard of Acti Patch. I’m not a big traveler, rarely leave Louisiana and Texas, and no one knows about this product. I have cousins who are nurses, never heard of it. I have asked both doctors I use, never heard of it. They can’t say that now because I gave them some info on it. I have bought and gave away several patches, all of the recipients claim they worked for them. Some of them are now shareholders. There’s no CVS near us that carry them yet. And even if they did, without some education I don’t know if people would really understand what relief they could get from this product. We need to get this to the people with a combination of advertising and education. Then we can blast off. BUY HOLD RETIRE!!!

[Blatcherone]

Very logical answer. They aint got no money to advertise. Why would they advertise BEFORE the product was available in more locations than the 200 cvs stores in the U. S.? Why would they NOT advertise if it meant more sales? They aint got no money and as of now, no partner. Sorry, thats the reality. Sending products to media outlets is great, but we cant force them to promote them. Theyre working, just not as fast as some would like.

[pinhigh]

Nice post DL. I suspect that the cost of advertising has always been the overriding obstacle for Biel. Longtimers might refute that, just my impression. A Shaq commercial has probably always been beyond their reach. A big partner is hopefully in the works for this very reason. Consumer education will also need to be ramped up. Your average consumer might be expecting pain relief an hour after strapping on their Actipatch. In fact it may require days of continuous use to fully appreciate the product. There is one feature that gives us all hope though...Actipatch Really Works!!! Go Biel$$$

[art2426]

>>>Practically no one knows BIEL exits! This situation has to change before BIEL can make any progress in the way of improving sales. Thus, that responsibility my friends, should be placed at the doorstep of the individual at the top.<<<


Yep, if one (CEO) wants to take the praise from company success, they must accept the criticism from failure. Never seeing green on the bottom line of an income statement IS failure. Until then, the market WILL see this as such and we will be hovering in the anemic stock price area we are now. Green (profit) will change everything. 10 years of RED speaks for itself and IS the responsibility of the CEO who must answer WHY to his stockholders. I agree, if this were any larger corporation, 10 years of RED would result in firing and getting a new CEO who could get the job done. Unfortunately, this corporation is run like a sole proprietorship mom and pop shop. He will avoid any communication with his stockholders as seen by lack of conference calls, which is predictable due to the 'heat' he would get from the continuous triple zero stock price resulting in so many in the RED with their investment.

Watching all this over the years as a stockholder, it is no wonder and understandable why we are now seeing so many wanting to see him step aside and let one more qualified lead this company. Like it or not, bottom line has said he has failed up to this point!