Replies to post #284095 on Bioelectronics Corp (BIEL)

[TAZZER]

Time to get the party started slap that ask

[JustGarden]

Well said!!!!

The Whelan's didn't and still don't have a clue about running a business. Million dollar company being run by dime-store clerks.

[srinsocal]

Pretty obvious if one examines the facts

<<<<<< KT Tape and DonJoy aren't doing enough to promote or advertise their ActiPatch products >>>>>>

* Only one of BIEL's OEMs, KT Tape, is doing much promotion, still not 100%

* Scott/DonJoy is probably at one tenth of KT's promotion effort

* SAI, after planning a 3/2021 Launch, did not launch at all in 2021

* Auto, Gaming, Computers, Medical Devices have all had to reduce/suspend production due to covid caused Chip/Labor/Transport disruptions

* BIEL's 'Raw Materials' in Q3 2021 were down to $44k, they have been as high as $574k over the last 10 years


Those are the facts.

Does anyone really think that BIEL would not have the same issues as other manufacturers?

Does anyone think that KT or DonJoy would spend $500k on a new Product Launch with no guarantee of Product availability?


The good news is that it takes a lot fewer Chips to produce an ActiPatch than a Car or Computer.

KT's recent expansion in Europe, Scott's/DonJoy and SAI's renewal of their 2022 'FDA Establishment Registration' are all good signs that 2022 will bring BIEL greater Production Capacity, OEM Promotion and Sales Revenue.