Replies to post #175252 on Bioelectronics Corp (BIEL)

[TheRealHeisenberg]

I understand what you're saying misanthrope but the potential of the Actipatch is so big, $250 million will soon be a drop in the bucket so to speak. I don't think AW developed Actipatch so that he could sell it for a mere fraction of it's still unrealized value. We're just now turning the corner. Give it a couple quarters and see where the sales are trending. We're looking at a global phenomenon in the making, don't be in such a rush to sell it short. It's definitely taken time but regardless of where you got it if you hang in there you'll make money.

TheRealHeisenberg

[CopperMining]

The company would either go for a multiple of profit or sales. There are no profits...so we have to go to sales. I understand investors feel there is incredible potential here...but the best case would be 10X - 15X Sales. Base that off of a bullish 2 Million for 2018 and you get 20 Million - 30 Million. That gives us a share price of .001 - .0015 based on current outstanding shares. Sounds about right.