My PPS Goal for Biel is $.36, written for all Newb
Post# of 7807
BioElectronics has a Great Future in sight!! And IMHO $.36 is possible! And this by selling around 41,000 Actipatches a day.
My calculations go like this:
41,000 Actipatches x 365 days = 15,000,000 a year, let's count $5 profit for each Actipatch. Total profit is $75,000,000.
If by then we reach a PE of 120, the companies value will be an estimed $9,000,000,000... Divided by 25,000,000,000 Authorized shares, and we reach $.36 a share.
In Belgium, annually there are 1,300,000 surgeries done. Let's say RecoveryRX is used in 10% of these surgeries with each patient recieving 3 Actipatches. That's 390,000 actipatches, for a tiny country.
What about Allay, Migraine, ... much more to come!
Remember, Apple sells +800,000 IPhones a day at an average cost of $900 each. How much will people pay to cure their chronic back pain, for example?!
This is why I am buying shares for 5 years now, and only shares from this company, I am all in!
Thanks for reading, Go BIEL, go Kelly!!!