What to say? What to do? What to think? Where to g
Post# of 7787
Do I buy more shares or let it go? These are the questions, yea? These last few months really have been a firestorm of conjecture mixed w/ hyperbole. Sales were rock bottom q4 '22 and rebounded a bit in q1 '23. The bashturds have gone off the rails w/ raging, repetitive absurdites and I didn't think that was even possible. The company has forfeited its' corporate status and everybody is wondering what the eff is going on.
Before I continue, I need to say something about the bashing of Dr. Richard Staelin, Chairman of the Board. He has far too much class and is too much of a gentleman to lower himself to your pathetic level. I make no such claim on either count. You people have some nerve. First off, it is none of your g-damned business how and where he spends his money. He made it, not you. And secondly, buying shares is not the same as a cash contribution, you idiots. Thirdly, he supports a company wanting to relieve chronic pain for millions of people worldwide and you question his motives or business acumen? Good grief, what is wrong w/ you? Stop disgracing yourself any more than you already have. You are not on his level, never will be, so shut the EFF up, and PISS OFF!!
Now back to our regularly scheduled program.
The Chartmaster has showed up, shared his Technical Analysis (many thanks) and pronounced this company a buy w/ a strong prognosis. Now what? G-star says Technical Analysis on a low trading pinky is as useful as a rubber beak on a woodpecker. Not so sure about that. Ever been shot w/ a 'rubber' bullet? TA combined w/ a good understanding of the company is a potentially powerful indicator of a profitable future.
But ... BUT ... there's no denying that most of the deals and OEM partnerships have mostly, not all, have been mothballed, taken a back seat or have been put on the back burner. KT Tape and Adcock-Ingram being the notable exceptions showing some signs of life. The reason for this happening is the HUUUUGE question on everyone's mind.
Here's a great quote from Probity: With a monied, muscled, politically savvy and established company involved, the result will be absolutely ... Incalculable !!! That is some straight talk right there, cowboys and cowgirls. I don't think the forfeiture of corporate status was an accident. Like oopsie-daisy, we did it again, forget to do the darned paperwork. I think Kelly and the gang have a pretty good handle on things. Speculation has reached a crescendo, and for good reason.
Here is my OPINION, and that's all it is. I believe the company has made a deal of some sort. Could be a merger, a buyout, or some combination thereof. PEMF is on everyone's radar. Deals take a long time to negotiate and consummate, esp'ly ones involving medical devices and high profit margins. Lots of players w/ lots of money draws lots of interest. We have tons of connections and deals in place, ready to be revived vis-a-vis the Probity quote above ... Turnkey operation, infrastructure in place, FDA clearance w/ 5 indications incl'g full body, CE mark established, Viant worldwide manufacturing and distribution. We have done all the heavy lifting. Ready for launch, I say.
BIEL will sit on the backbench ... until it doesn't.
Do yourself a favor ... BUY_MORE_SHARES
Later, WBeacham