I swear, immediately after our 3rd qtr numbers wer
Post# of 7791
https://www.youtube.com/watch?v=nQ45Q7ZuTEs
Becoming profitable is a huge monkey off the back of Biel. A big thank you to the management of Bioelectronics, esp'ly to CEO Kelly Whelan. To say they are 'gettin it done' is an understatement. I mean, what do we have here? An OTC pink sheet (current) that is cash flow profitable with two (2) products, Actipatch & RecoveryRx, that have set the multi-billion dollar pain management sector on its ear. PEMF is truly the wave (pun intended) of the future.
In the announcement, Biel mentioned research is ongoing for new applications focussed on Depression and Anxiety. I read into this a novel and much-needed relief and treatment for PTSD. The VA and its pill-popping agenda must come to an end. I'm also thinking treatment for migraines. This change in treatment cannot come fast enough.
Naturally, I cannot leave this post w/o mentioning the great omission which I hope (against hope) will be rectified in the very near future. Regular readers know what is coming next. That's right - where oh where, what oh what - is the status of RecoveryRx in the USA? Again, for the umpteenth time, no update on where we stand.
The silence cannot continue forever but Biel is making a pretty good stab at it. What? 8+ months and counting? Whatever is being put together, IN MY OPINION, will involve RecoveryRx in clinics, hospitals, wherever pain is being treated, doctors are operating, therapy is being applied or weekend warriors are self-treating. Again, IMO, whatever is being hammered out, it involves lots of moving parts, like insurance reimbursement, bureaucracies, administrators, legalities, international agreements, contracts, paperwork redesign, protocols, computer programs, etc., and finally, more OEM partners. Will manufacturing be able to keep up with demand? And, we still suffer the outrage, the entrenched evil of the scamdemic.
It is my personal belief that this investment will change the way we practice medicine and how we view medical care, generally speaking. We are the force to be reckoned with and Bioelectronics is but one small, but highly influential and effective, part of it.
all the best, wbeacham