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  4. BioElectronics Corporation (BIEL) Message Board

What Raises & Sustains SP is Revenue & Profit B

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Post# of 8446
(Total Views: 489)
Posted On: 04/27/2021 3:04:32 PM
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Posted By: swordfish
Re: viking_50 #3764
What Raises & Sustains SP is Revenue & Profit

BIEL tried the Retail Business Plan for 15 years and never showed a profit.

BIEL switched to the OEM Business Plan last year and closed down its US Retail Sales.

BIEL's US customers are now KT Tape, DJO, and SAI, they buy devices by the tens of thousands and have the resources to Market Nationwide.

BIEL grows its OEM Business by finding more companies who want to Market ActiPatch Enhanced Products and supporting the Product expansion of existing OEM Partners.

The February bounce in SP was exciting but not sustainable as it was caused by speculation on Reddit. Their Day Traders were in for a week or two and then off to the next stock du jour.

BIEL's path to an increased and growing SP is OEM Revenue & Profits.



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