Replies to post #246421 on Bioelectronics Corp (BIEL)

[JustGoDeep]

That Is False Information, At Least One

More OEM to Be Announced and At Least

2 More International Partners!!

Biel!!

Accumulate!!

Time Is Very Near Now!!

MONSTER!!

[Steve43]

I believe Scott Specialties is now a part of DJO. I also believe ActiPatch can't be sold by biel in North America, anymore. We don't know what these deals mean or what margins are there. IMO more news will be let out or leaked out after 01/04 this coming week. The Q is supposed to be out the end of March. It should be good. What will unfold is whether we gave up more than we got. The pps is still drifting as the jury (Market) is still deliberating what it all means. KT Tape "may" generate more interest than DJ as it will be more visible IMO as it gets worn and will most certainly create curiosity. The two DJO products are barely visible with only the powered by ActiPatch logo visible. There are a lot of interesting aspects to these deals and how the OEM's compete against each other. One aspect is the 250 hour device up against the 720 device and their costs. I'm sure more people know the details and will correct any errors in my posts. Next week should be interesting. JMHO GLTA The Gold Mine is in the hands of new operator's.

[srinsocal]

All one has to do is reread the 8/10 COB Letter

"1. We now have signed long term contracts with, and received initial stocking orders and cash deposits from, three major companies. These initial orders total more than 120,000 ActiPatch devices. These three companies will be selling our devices into the United States over-the-counter (OTC) consumer health retail market. They will differentiate their offerings by utilizing different retail channels, branding strategies, and attachment systems (to affix the device on to various locations on the body). Their retail launch dates vary but are currently scheduled between Q4 of 2020 and Q2 of 2021, reflecting industry practice for retailers to plan launch times six to nine months into the future."


Scott signed the original deal but realized, after the Full Body Clearance of 1/31/2020, that they needed Marketing help to get the most out of the new Clearance. Scott made a proposal to bring DonJoy in on the Deal and BIEL said yes.

The first sentence of item #1 is very clear, "received initial stocking orders and cash deposits from, three major companies".

Scott is making the Knee and Back supports for DonJoy to Market. There would be no separate orders and deposits from both Scott and DonJoy.

There is a third US OEM Partner still to be announced.

[art2426]

It was proved here in a post with a link that Scott Specialties and DonJoy are the same.

Yes I do agree that financial statements will tell the truth. We will see what they say. Hopefully we will see increased sales like we did last reported quarter over previous quarter.

And I am serious, OK!