Replies to post #13540 on Bioelectronics Corp (BIEL)

[stckdytrdr]

In the scenerio I spelled out, I didn't have the increase all coming in a matter of days...Q4 numbers out 4/15....Q1 numbers 5/15....if they're good, it'll be worth a bump there.....next in line would be Rx clearance (FDA willing), which should (IMO) push it to .10......if they were to recieve OTC clearance at or around .10, I say it absolutely runs near or over $1....certainly not out of the question.......many stocks with a lot less have done a lot more in pennyland....IMGG ran from .03 to over $1.80...on just an FDA submission , and no revenue....i'm not saying BIEL will recieve clearances on their applications, but I do believe this will run higher than you think if they do...all IMHO...GLTA

[Brabo]

Not correct, BIEL's markup is much higher.
With a production cost of at most 1$ and a retail price of 34,95 the price for wholesalers should be around 11-15 givin them at least 10 $ gross profit per unit. Sales of 10 million units would give them 90 million of gross profit warranting a company value of 1.35 billion.
Therefor, the 1 $ mark pps is not imaginary.