Paulie
Diamond Member
- May 19, 2007
- 40,769
- 6,382
- 1,830
I just want to be on record now as saying this thing is a goldmine, and that if there was ever a penny stock that could almost guarantee you riches, this is it.
They're waiting on FDA approval for a device that uses a technology called Pulsed Electromagnetic Frequency (PEMF). They harnessed the technology in a tiny wafer-thin wearable patch. It is an anti-inflammatory pain relieving device that's an alternative to NSAID's. Studies show 100% safety, and very high efficacy. With the FDA's recent crackdown on Acetaminophen, this product could literally revolutionize the pain relief industry. It not only kills the pain and relieves the inflamation, but it also actually repairs damaged cells.
They have patches for several indications, and the one they are waiting on the approval on right now called Allay, is for menstrual pain. The woman wears it on her lower abdomen, and it relieves menstrual cramps. My girlfriend wears it and can't live without it. You can order it online right now, but the FDA approval is for OTC marketing in the US.
They have 3 other FDA approval submissions they recently filed, for other indications such as knee pain, foot/ankle pain, and post surgery pain. They even have patches for animals.
They're literally the only company that has this product, they own the patent on the patch. The technology itself has been around for decades, but until now you had to physically go to the hospital and hook up to a bulky machine.
FDA approval for the Allay menstrual patch is expected any day now, as the 90 day wait time has come and gone. The FDA is late these days on approvals.
Current price as of today's close is just under .08
I got in initially at .008, and bought some more at .06 so I'm averaged somewhere around 3 cents.
Once they get approval and can sell this product on US store shelves, revenue potential is going to be unreal. They also just recently cleared all convertible debt levels, which extremely strengthened their balance sheet, and are operating at near break-even levels. So when approval comes, it's CHA-CHING!!
Also worth mentioning, is that they took 2nd place at a Wall St. Journal Innovative Products Expo...and they are signed on with the number one infomercial producers in the world, Schulberg MediaWorks. Schulberg has done commercials for big name companies and products, like Tempur-Pedic, HBO, Sega, Time-Life, Guthy Renker, Rosetta Stone, and Sony Music...just to name some. This marketing campaign will begin as soon as they get the FDA approval to market the device.
They threaten many big pharma corps, namely Johnson & Johnson who owns Tylenol...so my thought is that at some point when a viable valuation can be performed, J&J will buy them out. Or possibly Schering-Plough, who by the way just merged with Merck.
Their patch for heel/foot pain is specifically targeted at the condition known as Plantar Fascitis, which is what Eli Manning was just diagnosed with. I emailed the company and asked them if they could contact the Giants and see about making a move, and they responded back and said they're already working on it.
Way too many things to talk about in here, just research the company for yourself and do your due diligence if you plan on buying. All I can say is FDA approval at this point could literally be ANY DAY NOW, and after that the price is probably going to spike up considerably and never see the sub-10 cent level ever again.
Here's some links to get you started if you're interested:
This is the company who makes the product - BioElectronics Corporation
Here's their performance on Google Finance - BIEL
This is the ActiPatch product
This is the Allay menstrual patch product
This is the results of the comparative study between the patch and Tylenol showing that BIEL beat Tylenol
This is the article about the 2nd place award at the Wall Street Journal innovative Products Expo
This is the article about their Direct Response campaign they signed onto with Schulberg MediaWorks
And finally, here's a youtube clip of NBC News running a story on the Allay Menstrual pain patch:
[youtube]<object width="425" height="344"><param name="movie" value="http://www.youtube.com/v/gDIM8Wkj744&hl=en&fs=1&"></param><param name="allowFullScreen" value="true"></param><param name="allowscriptaccess" value="always"></param><embed src="http://www.youtube.com/v/gDIM8Wkj744&hl=en&fs=1&" type="application/x-shockwave-flash" allowscriptaccess="always" allowfullscreen="true" width="425" height="344"></embed></object>[/youtube]
They're waiting on FDA approval for a device that uses a technology called Pulsed Electromagnetic Frequency (PEMF). They harnessed the technology in a tiny wafer-thin wearable patch. It is an anti-inflammatory pain relieving device that's an alternative to NSAID's. Studies show 100% safety, and very high efficacy. With the FDA's recent crackdown on Acetaminophen, this product could literally revolutionize the pain relief industry. It not only kills the pain and relieves the inflamation, but it also actually repairs damaged cells.
They have patches for several indications, and the one they are waiting on the approval on right now called Allay, is for menstrual pain. The woman wears it on her lower abdomen, and it relieves menstrual cramps. My girlfriend wears it and can't live without it. You can order it online right now, but the FDA approval is for OTC marketing in the US.
They have 3 other FDA approval submissions they recently filed, for other indications such as knee pain, foot/ankle pain, and post surgery pain. They even have patches for animals.
They're literally the only company that has this product, they own the patent on the patch. The technology itself has been around for decades, but until now you had to physically go to the hospital and hook up to a bulky machine.
FDA approval for the Allay menstrual patch is expected any day now, as the 90 day wait time has come and gone. The FDA is late these days on approvals.
Current price as of today's close is just under .08
I got in initially at .008, and bought some more at .06 so I'm averaged somewhere around 3 cents.
Once they get approval and can sell this product on US store shelves, revenue potential is going to be unreal. They also just recently cleared all convertible debt levels, which extremely strengthened their balance sheet, and are operating at near break-even levels. So when approval comes, it's CHA-CHING!!
Also worth mentioning, is that they took 2nd place at a Wall St. Journal Innovative Products Expo...and they are signed on with the number one infomercial producers in the world, Schulberg MediaWorks. Schulberg has done commercials for big name companies and products, like Tempur-Pedic, HBO, Sega, Time-Life, Guthy Renker, Rosetta Stone, and Sony Music...just to name some. This marketing campaign will begin as soon as they get the FDA approval to market the device.
They threaten many big pharma corps, namely Johnson & Johnson who owns Tylenol...so my thought is that at some point when a viable valuation can be performed, J&J will buy them out. Or possibly Schering-Plough, who by the way just merged with Merck.
Their patch for heel/foot pain is specifically targeted at the condition known as Plantar Fascitis, which is what Eli Manning was just diagnosed with. I emailed the company and asked them if they could contact the Giants and see about making a move, and they responded back and said they're already working on it.
Way too many things to talk about in here, just research the company for yourself and do your due diligence if you plan on buying. All I can say is FDA approval at this point could literally be ANY DAY NOW, and after that the price is probably going to spike up considerably and never see the sub-10 cent level ever again.
Here's some links to get you started if you're interested:
This is the company who makes the product - BioElectronics Corporation
Here's their performance on Google Finance - BIEL
This is the ActiPatch product
This is the Allay menstrual patch product
This is the results of the comparative study between the patch and Tylenol showing that BIEL beat Tylenol
This is the article about the 2nd place award at the Wall Street Journal innovative Products Expo
This is the article about their Direct Response campaign they signed onto with Schulberg MediaWorks
And finally, here's a youtube clip of NBC News running a story on the Allay Menstrual pain patch:
[youtube]<object width="425" height="344"><param name="movie" value="http://www.youtube.com/v/gDIM8Wkj744&hl=en&fs=1&"></param><param name="allowFullScreen" value="true"></param><param name="allowscriptaccess" value="always"></param><embed src="http://www.youtube.com/v/gDIM8Wkj744&hl=en&fs=1&" type="application/x-shockwave-flash" allowscriptaccess="always" allowfullscreen="true" width="425" height="344"></embed></object>[/youtube]
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