Replies to post #319224 on Bioelectronics Corp (BIEL)

[JustGoDeep]

Always Twisting The Truth. Twist Twist Twist!!

[Probity]

Doesn’t make sense to grant exclusivity if the contractual terms relative to sales quota have not been fulfilled - assuming that is the crux of the issue - we just don’t know.

If it is the issue, would you want to give me exclusivity on your product when I’ve not met my quota for the OEM you supply to my company?

It’s not just about what you change (exclusive rights), but when you can change it, or when you choose to do so.

Change is not only in the air regarding possibilities for RecoveryRx given the NOPAIN Act and possible CMS reimbursements. It is also in the air for ActiPatch, granted that has nothing to do with RRx and CMS, as far as we know.

Why is change before us? Should RRx given the above, reach critical mass adoption or even Standard of Care, a spillover effect could extend to ActiPatch, thus increasing it’s sales to a critical mass or more as consumers may see it as the smaller “doppelgänger” device of RRx.

We will find out what fruit, if any, is borne via the new “things” in process, as has been shared by others on this forum.

If “Once bitten, twice shy”, and “What’s past is prologue” is one’s belief, I see no reason to be invested in any way.

There is no path out of the darkness of the proverbial tunnel that can be entertained if one’s flashlight is pointed backwards instead of forward.

All imo.

[srinsocal]

Everyone has an Opinion, often a Bias comes with that Opinion

IR confirmed that, "The KT agreement has been modified to no longer grant it exclusivity in North America". This was the obvious speculation several weeks ago when new ActiPatch Retailers in the US started surfacing and pretty much confirmed when the new BIEL Actipatch.com site showed up

I can't help but see this as a negative development. KT now has no real incentive to try harder. My guess is they will sell through whatever inventory they have and walk away. BIEL is now undercutting DonJoy's price as well. As stated several times before, the Wave is KT's only FDA Cleared product, without the Wave they are just a 'Wellness Products company', if KT wants to "walk away' from the Wave why did we see retailers selling a new 720 hour Wave in UK/Asia 2 months ago? More likely KT realized that their 250 hour Wave was a mistake and are fixing that error

It feels like Kelly has decided to focus solely on the RecoveryRx product. Since we don't have an established market ready for the product, the next few quarters could be rough. You said, "If one’s focus is on sales for a quarter or two or more, that’s not seeing the forest for the trees", but it's not that mine or others focus is on the next quarter or two, it's that our focus has been on the next quarter or two for several years now. It's not the forest or the trees that are causing concern, it's the lack of a clear path out of the darkness. BIEL is building a new ActiPatch website, that sure does not sound like "decided to focus solely on the RecoveryRx "

[art2426]

Chalk up a couple more failures for this 'family leadership'. Add those to a long list of all those other distributorships supposedly they signed and failed. KT Tape and DON JOY added to Mexico, Italy, UK, Canada etc, etc. -- ALL Failures

When is enough is enough? OH yeah, the NO PAIN ACT is going to be the answer!! Yeah that's the ticket! LOL! Remember UK NHS and the OPIOD Challenge?