Replies to post #238855 on Bioelectronics Corp (BIEL)

[4toSchool]

Why does Intel spend tens of millions of dollars in advertising their brand and products if "OEM Revenue removes 90% of the 'Sales Support Expense' because all Sales and Marketing is the responsibility of the OEM Partner as the end products are not BIEL's but the Partners."?

[GetSeriousOK]

I remember the hype about how the UK market was going to make BIEL shareholders rich. Boots, NHS, etc etc etc, to the moon.

But then we learned that BielCorp didn't have a clue about how the NHS operates or how much 'Sales Support Expense' in the UK would cost. We learn that all BielCorp's hype about the UK market from Andy and Staelin was BS - they just didn't know what they were talking about.

And I remember the hype about how FDA OTC clearance was going to make BIEL shareholders rich. But that happened in February 2020, eight months ago, and all BielCorp has to show for it was the worst sales performance in company history in Q2 -- a 90% dropp from Q2 2019.

Now I'm hearing hype about how OEM Partners are going to make BIEL shareholders rich.

I see no reason to believe this hype any more than the previous hype.

In less than three weeks we'll read Q3 financials, where we'll learn how much money these OEM Partners actually gave BielCorp.