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BioElectronics Corporation BIEL
(Total Views: 443)
Posted On: 08/25/2021 1:43:37 PM
Post# of 8397
Posted By: Disco Bob
I am a bit confused why the sell off beyond disappointing second quarter sales figures.( now pps down 50% since release of financials)
Didn't the company get approval to sell in Europe? Haven't they all ready been selling in England ? What about the deal with Mundapharma to distribute to Australia, New Zealand and far east? Are there any sales being generated from those deals? What about the 400 trained sales people sales to hospitals, doctors, etc? Yes KT got a couple of pallets to sale which is a start but no mention of how the other outlets are doing in the financials summary? Several months back the company eluded to need to expand manufacturing capability giving impression that current supplier can't keep up with orders. So I would hope a shareholder letter would follow up on a break down of activity. Is there a problem getting finished units from Chinese supplier? Hello anybody know the answer?













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