Replies to post #273845 on Bioelectronics Corp (BIEL)

[Pineywoods]

Right you are Pennytiger.

[Steve43]

The other problem is that KT may have inadvertently made the Wave product gender specific in their packaging and athletes endorsing. That kinda limits the consumer base for the product. It’s the little things coupled with being silent and invisible. JMHO GLTY and have a good one.

[TAZZER]

I guess that’s a good sign only 45K net loss and OEM hasn’t started national advertising campaign. Most companies have budgets since product started selling in February I assume that they didn’t allocate the money at beginning of year. Most companies reassess budgets mid year. So I am thinking they will do more national advertising second half of year. It’s also they will wait till next year given how new their product is. We are so early in the game with OEMs to even worry about it. I would say KT is going to be the bread winner for us. Probably 10 million plus in sales once they start doing national advertising.

Personally all you all are doing is trying to lower price to flip shares. As a long I just sit back and let successful companies do what they do. No dilution and 405K cash on hand is what I want to see.

[srinsocal]

The pandemic is mentioned as a consideration in your post but the obvious major pandemic related issue is not.

There is a pandemic caused shortage of electronic components. It has been all over the news for the last year:

Electronics supply chains are stuck between a pandemic and a trade war. Where do they go from here?
Published July 23, 2020

How COVID-19 Has Impacted the Electronics Supply Chain
Jun 2nd, 2020

Apple Is Said to Face Shortages in Power Chips for iPhone 12
Nov 4, 2020

Why We’re in the Midst of a Global Semiconductor Shortage
February 26, 2021

How a Chip Shortage Snarled Everything From Phones to Cars
March 28, 2021

Global Shortage of Computer Chips Hits US Manufacturing
Paul Caine | July 29, 2021


No company is going to spend big advertising dollars rolling out a new product when the ability to supply that product is in question.

KT decided to move ahead with a online campaign and BIEL has done a good job suppling them under the circumstances. KT's expansion into the UK could not start shipping devices until a month after their launch there.

DJO is doing very little promotion.

SAI delayed their launch all together.

We wonder why there is no news on the new International Partners. A lack of devices to sell seems like a given with the Chip Shortage.

The increase in 'Cost of Goods Sold' is because the parts that BIEL can get are more expensive due to the world wide shortage.

When BIEL can get the parts it needs to supply devices to all of the OEMs and Distributors we will get the promised Sales growth that the Pandemic has delayed.