While we wait for the Q2 Sales figures.... 1) I
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Posted On: 07/07/2021 4:52:18 PM
While we wait for the Q2 Sales figures....
1) In what year was BIEL incorporated? 2000, it went by 'PAW LLC' back then
2) In what year did BIEL have its highest Sales Revenue? 2015, $2.339 million, largely from UK sales at Boots and Lloyds
3) What was used to turn the ActiPatch on and off before the upgrade to its current version with a push button and epoxy encased, water resistant exterior? Ceramic Wafer was pushed under the battery to turn it 'off' and removed to turn 'on'
4) What was the name of the J&J Intern who joined BIEL in 2013 to help develop the current version of the ActiPatch with an on/off button? Hudson Levy, another alumni of Duke Fuqua Business School
5) What was the ActiPatch called when it received its first FDA clearance for blepharoplasty ? Actiband
6) In what year did PEMF, with BIEL as the driving force, receive an FDA Reclassification from Class 3 to Class 2, the new name PSWT, the possibility of being Cleared for OTC use, a monumental event for BIEL? 2015, it took several years of FDA evaluation to get this Reclassification
7) Who developed the UK Social Media Marketing Plan that gave BIEL its highest years of Revenue? Dr. Rick Staelin, our current COB, less than $50k spent on this Plan that generated millions in UK Sales
Who did BIEL hire in 2017 that as been instrumental in advancing BIEL to its current position in the Non-Drug Pain Relief Market? Keith Nalepka, 15 years of medical product sales experience opened doors for BIEL
9) What television show caused a spike in BIEL US Sales in 2011? Dr. Oz
10) In what country did BIEL strike a Deal with Costco to market the ActiPatch? Canada, ActiPatch was approved for OTC in Canada long before the US
11) What was the name of the company that partnered with BIEL to bring an ActiPatch enhanced Knee Wrap to 200 CVS Stores for a trial run? Protex, they made a knee sleeve with an ActiPatch Pocket
12) Who was the major Foot Care company that reportedly wanted a Licensing Deal with BIEL in 2018? Dr Scholl's, the story that leaked out was that Scholl's wanted to make their own device under License but AW said no
13) Who is the Baseball Legend that has invested in BIEL and has said as much on his social media account? Orel Hershiser, several Twitter posts mentioning BIEL
14) Who was the infamous BIEL Basher who met his maker several years ago? (hint for newbies, 'equitydastone') stockdarockk
15) What was the color of the original ActiPatch 'On LED' ? Red, changed to Green with the 2014 update
16) What was the name of the Global Company that worked with BIEL to get the NHS Drug Tariff Listing for ActiPatch? B Braun, they have been working on placing RecoveryRx in Surgery Kits
17) Who is BIEL's third US Retail OEM Partner that an FDA Database has confirmed but BIEL has not? SAI Brands, both Surgical Appliance Ind. and their Canadian branch, Airway Surgical Appliances, have registered with the FDA to be a 'Repackager' for PQY Products, BIEL is the only one with PQY FDA Clearance
18) For what two indications did BIEL first gain FDA OTC Clearance? Knee Osteoarthritis & Plantar Fasciitis in 2017, BIEL wanted Full Body but FDA wanted Clinical Data on a third body part, new 510k was submitted in 2019 with Cervical Osteoarthritis Clinical Data, Full Body Clearance in 2020
19) What prominent SUNY Professor did a promotional video explaining the Mechanism of Action and other aspects of ActiPatch? Dr. Ken McLeod, MIT PhD, he has worked with BIEL on several projects
20) Name the FDA Product Codes for both ActiPatch and RecoveryRx. PQY for ActiPatch which is for OTC / ILX for RecoveryRx which is Prescription
1) In what year was BIEL incorporated? 2000, it went by 'PAW LLC' back then
2) In what year did BIEL have its highest Sales Revenue? 2015, $2.339 million, largely from UK sales at Boots and Lloyds
3) What was used to turn the ActiPatch on and off before the upgrade to its current version with a push button and epoxy encased, water resistant exterior? Ceramic Wafer was pushed under the battery to turn it 'off' and removed to turn 'on'
4) What was the name of the J&J Intern who joined BIEL in 2013 to help develop the current version of the ActiPatch with an on/off button? Hudson Levy, another alumni of Duke Fuqua Business School
5) What was the ActiPatch called when it received its first FDA clearance for blepharoplasty ? Actiband
6) In what year did PEMF, with BIEL as the driving force, receive an FDA Reclassification from Class 3 to Class 2, the new name PSWT, the possibility of being Cleared for OTC use, a monumental event for BIEL? 2015, it took several years of FDA evaluation to get this Reclassification
7) Who developed the UK Social Media Marketing Plan that gave BIEL its highest years of Revenue? Dr. Rick Staelin, our current COB, less than $50k spent on this Plan that generated millions in UK Sales
Who did BIEL hire in 2017 that as been instrumental in advancing BIEL to its current position in the Non-Drug Pain Relief Market? Keith Nalepka, 15 years of medical product sales experience opened doors for BIEL 9) What television show caused a spike in BIEL US Sales in 2011? Dr. Oz
10) In what country did BIEL strike a Deal with Costco to market the ActiPatch? Canada, ActiPatch was approved for OTC in Canada long before the US
11) What was the name of the company that partnered with BIEL to bring an ActiPatch enhanced Knee Wrap to 200 CVS Stores for a trial run? Protex, they made a knee sleeve with an ActiPatch Pocket
12) Who was the major Foot Care company that reportedly wanted a Licensing Deal with BIEL in 2018? Dr Scholl's, the story that leaked out was that Scholl's wanted to make their own device under License but AW said no
13) Who is the Baseball Legend that has invested in BIEL and has said as much on his social media account? Orel Hershiser, several Twitter posts mentioning BIEL
14) Who was the infamous BIEL Basher who met his maker several years ago? (hint for newbies, 'equitydastone') stockdarockk
15) What was the color of the original ActiPatch 'On LED' ? Red, changed to Green with the 2014 update
16) What was the name of the Global Company that worked with BIEL to get the NHS Drug Tariff Listing for ActiPatch? B Braun, they have been working on placing RecoveryRx in Surgery Kits
17) Who is BIEL's third US Retail OEM Partner that an FDA Database has confirmed but BIEL has not? SAI Brands, both Surgical Appliance Ind. and their Canadian branch, Airway Surgical Appliances, have registered with the FDA to be a 'Repackager' for PQY Products, BIEL is the only one with PQY FDA Clearance
18) For what two indications did BIEL first gain FDA OTC Clearance? Knee Osteoarthritis & Plantar Fasciitis in 2017, BIEL wanted Full Body but FDA wanted Clinical Data on a third body part, new 510k was submitted in 2019 with Cervical Osteoarthritis Clinical Data, Full Body Clearance in 2020
19) What prominent SUNY Professor did a promotional video explaining the Mechanism of Action and other aspects of ActiPatch? Dr. Ken McLeod, MIT PhD, he has worked with BIEL on several projects
20) Name the FDA Product Codes for both ActiPatch and RecoveryRx. PQY for ActiPatch which is for OTC / ILX for RecoveryRx which is Prescription
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