Question from my mailbox: Re: Some believe that
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Posted On: 02/13/2025 4:19:22 PM
Question from my mailbox:
Re: Some believe that success is far off...what do you think has to happen for BIEL to become profitable and remain that way?
Taking it one step at a time, initial success to me means achieving cash flow positive/profitability. BIEL is close, if not already there.
Q3 2021 was BIEL's only profitable quarter ($22,381) with $414,700 revenue (including $100k+ in covid relief funds). Seems like $1.6 million annual revenue (or a $400k quarter) should do it - and the corresponding pps should hit .01 and then increase .01 for each additional $2.5 million annual revenue (P/E = 100).
We know that Taiwan and the VA are in progress, as is Veterinary in Europe with the US pending, and New Zealand starting in March (hopefully Australia soon). These revenue streams should be in addition to the $700k+ earned each of the past two years. Seems like BIEL might already be profitable. Growing these contracts alone will get BIEL well into copper, maybe silver. Eventually, implementing a stock buyback program (after paying off the loans) to reduce the outstanding shares could propel the pps to $1+.
Everything is falling into place just like 2021. I'm a little surprised that we aren't already a week or two into a run. The technical indicators come first - the Golden Cross has been achieved and the Blue Sky Breakout is on the horizon. Then the fundamentals kick in (Taiwan, VA, Veterinary, New Zealand...). Hopefully, the Stanford Carpal Tunnel Study will show the same excellent results as the Italian study that Hawk shared on another board.
The last BIEL bull run to .0088 started at the end of January 2021. The previous runs in 2017 and 2014 were also in the same time frame. COPPER BY SPRING?
The previous BIEL bull runs coincided with OTC bull markets, like the one that we're in now. The Fed not reducing rates for now, and some money being diverted to crypto, may have dampened the OTC rally a bit for now, but I think things will start rolling for BIEL soon.
Re: Some believe that success is far off...what do you think has to happen for BIEL to become profitable and remain that way?
Taking it one step at a time, initial success to me means achieving cash flow positive/profitability. BIEL is close, if not already there.
Q3 2021 was BIEL's only profitable quarter ($22,381) with $414,700 revenue (including $100k+ in covid relief funds). Seems like $1.6 million annual revenue (or a $400k quarter) should do it - and the corresponding pps should hit .01 and then increase .01 for each additional $2.5 million annual revenue (P/E = 100).
We know that Taiwan and the VA are in progress, as is Veterinary in Europe with the US pending, and New Zealand starting in March (hopefully Australia soon). These revenue streams should be in addition to the $700k+ earned each of the past two years. Seems like BIEL might already be profitable. Growing these contracts alone will get BIEL well into copper, maybe silver. Eventually, implementing a stock buyback program (after paying off the loans) to reduce the outstanding shares could propel the pps to $1+.
Everything is falling into place just like 2021. I'm a little surprised that we aren't already a week or two into a run. The technical indicators come first - the Golden Cross has been achieved and the Blue Sky Breakout is on the horizon. Then the fundamentals kick in (Taiwan, VA, Veterinary, New Zealand...). Hopefully, the Stanford Carpal Tunnel Study will show the same excellent results as the Italian study that Hawk shared on another board.
The last BIEL bull run to .0088 started at the end of January 2021. The previous runs in 2017 and 2014 were also in the same time frame. COPPER BY SPRING?
The previous BIEL bull runs coincided with OTC bull markets, like the one that we're in now. The Fed not reducing rates for now, and some money being diverted to crypto, may have dampened the OTC rally a bit for now, but I think things will start rolling for BIEL soon.
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