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BioElectronics Corporation BIEL
(Total Views: 299)
Posted On: 08/14/2022 10:43:23 AM
Post# of 8386
Posted By: tdendzone
Re: Zattnt #5546
There is no doubt that buyback and retirement of shares by the company would be a big positive for all investors. History shows the affect (rise) it would have on the stock price. BUT our CEO has mentioned, that is not going to happen. At least not now. Personally I cannot see a buyback, only until very solid (large) continuous profits are shown. They IMO need the money for more research and trials for new and more applications and use. They have said as such. With their OEM strategy, they will be focusing on just THAT and would characterize themselves (company) as a R&D company. It does seem like that is the direction they are leaning toward. Get the clearances, manufacture and supply products to those companies that can incorporate BIEL's PEMF technology into their products, thus selling to retail. We may see variations and slight changes to the Actiptach to accommodate OEM's and even new products, as their main focus seems to be design and development. As far as sales go, the ball seems to be in KN's court in signing up as many OEM partners and distributors as possible throughout THE WORLD.

But please, there is no doubt ALL stockholders would gladly welcome a BUYBACK.













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