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BioElectronics Corporation BIEL
(Total Views: 395)
Posted On: 04/20/2021 11:53:04 AM
Post# of 8436
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Posted By: swordfish
Re: Supernova #3731
I certainly hope Q2 provides info on multiple Partners SN

Important to remember that our International Partners have to clear Regulatory requirements in each of the markets that they want to sell in.

IMO Q1 was slowed by Device supply issues.

KT only sending 2 devices to a limited number of CVS stores, taking orders for the UK Launch with a 1-2 week delivery estimate a month ago and still showing Sold Out.

DJO holding back on a Retail Launch, they were ahead of KT in the online Launch by a month and still online only.

SAI Brands, who in late February said they were Launching in mid March, still not on store shelves.

You add up those bread crumbs and they point to supply issues.

Many possible causes, raw material shortage, delays at the CICD factory, maybe BIEL did not have the capital to place large enough orders to satisfy all of their OEMs.

Growing & Covid pains that will get sorted out.














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