BioElectronics management has tried since 2004 to convince doctors to use their miniaturized PEMF gizmo. That failed and all their preceding attempts failed with ActiPatch devices since. 18 years of operations and not one penny profits! They did go from 500K authorized shares at their start to 25 billion authorized share currently though.
2019 sales were 950K (rounded) and to equal that in 2020 they need Q4 to come in about 650K. 2015 sales were 2.34M.
If investors think management's current efforts are going to grow sales they have another thing coming. Donjoy makes all kinds of knee braces, and only one of them MAY come with ActiPatch.
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