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Simpsonly

04/17/23 5:24 PM

#312091 RE: chsmoke #312081

"simpsonly. well said!
and don't forget, kelly was raised by andy. unlikely she'd be anything
but combative, stubborn, unwilling to consider anything beyond her compulsions. in other
words, she is her father's daughter, which undermines the potential of biel the company,
is devastating for shareholders and is a sky blocking red flag for investors.
she's rather die than change..."

Thank you for the compliment chsmoke. Couple of points, in my opinion....

I have cut the current CEO slack, at every turn of this dismal saga. She is 100% a victim, absolutely no question in my mind. DNA and parental influences can be a curse and very much beyond our control!

You use the words, 'combative, stubborn, unwilling to consider anything'. Allow me to add, smart, and about 15 other descriptors, positive and negative, that caused much strife for many; shareholders, family members, regulators, lawyers, suppliers, employees, you name 'em.

BUT, the obnoxious DNA also meant the guy never, ever quit, while being pounded by inexperience at the regulatory processes, little money and the overwhelming oppression of Big Pharma. It's easier, but much more expensive and harmful to take drugs for pain! He didn't have ALL the tools, the DNA and the personality to take BIEL into the billions. And his DNA restricted him from saying, 'I can't do all this on my own, I need help, I need to trust and let a well motivated and talented team make it happen'.

Confusing it even more? He was a good guy! Drove everyone crazy, but I knew him well. Met him, ate with him, talked to him on the phone a couple of hundred times, laughed with him. I grew to know he was governed by Founder's Syndrome, could not get out of his own way, horrible negotiator and terrible deal maker. And he loved to fight with people....blew me out of my chair, when he actually said it. Many times, and he would laugh!

So, what was the attractor? Actipatch!

Time to fix this puppy and create wealth. Various, well-meaning, knowledgeable people have chatted with the decision maker. Perhaps the passage of time since 2019 will allow common sense to influence the outcome of BIEL. I don't know, I'm out of the loop. I hope so. Some have said there's a book in it, maybe they're right.