New Audio Interviews – BioElectronics Corp. (BIEL), Medical Alarm Concepts (MDHI) and Patient Access Solutions (PASO)
We are starting a new CEO audio interview program. The first three up and running on the blog are, BioElectronics Corp. (BIEL), Medical Alarm Concepts, Inc. (MDHI) and Patient Access Solutions (PASO). To listen to these interviews, simply click on the company name in the audio section on the right side of this blog page.
As many of you already know the BIEL interview was very positive as it answered many of the long standing questions from investors. I also think it did good job in explaning the importance of the new form factor that has been introduced and the growing international pipeline.
Both the MDHI and PASO interviews are also very positive with both CEOs stating the businesses are strong and that 2010 is expected to be their first year of major growth.
Expect more of these type of interviews from other CEOs to be posted our our blog over the coming days and weeks – Additionally, we will soon be adding video-based interviews, many of which will also show investors the corporate locations. Good luck to all – Joe Noel
{ 26 comments… read them below or add one }
Joe,
Has BIEL filed the PMA yet, or is reclassification still pending? Please answer.
PJ…not trying to be a jerk, but please go listen to both parts of the interview. The CEO clearly states that the PMA has NOT been filed yet…
Thanks,
tvanyo_2000
And the PMA may not be required at all as the 510k’s filed previously are still open with the FDA.
Josey – the 510k’s were never rejected. Get your facts straight…the management team is still working with FDA on these 510k’s. If you stand by your ludicrous claim provide proof. If not do not make these types of “claims”.
Really Josey?
Wow…then the CEO just flat out lied to us a couple of days ago…
a) He said the 510k’s were still in submission with the FDA
b) He said that the PMAs were NOT yet submitted
But by all means…please site your sources…as your allegations are in direct contradiction with the CEO!
Proof it josey I think u r full of it!
Tvanyo – You are correct – there has been no PMA filed. The 510K process is pressing on. joe
tvanyo
I’m not trying to be a jerk. The moron said he talked to a company insider who told him the PMA had already been filed, which means the reclassification was rejected because PMA’s are for Class 3. Now, I think the moron is a liar, but if he was actually told the PMA was filed by an insider, meaning the ‘De Novo’ was rejected, and this wasn’t common knowledge, woulddn’t you be angry? If Moron is telling the truth, that means Arnon Hrov told his old student insider info, and his old student is blasting it all over message boards. This sounds like criminal crap, and Hrov be going to court. However, the moron is a known liar and a bufoon, so just to discredit the moron, I’m asking Joe to answer a simple yes or no question, has BIEL filed a PMA yet?
The answer to which I would have read above if I hadn’t been on a rant. Thank you for answering, Joe, I really appreciate it. The PMA has not been filed, we are still up for reclass, and the moron can add liar to his list of life’s accomplishments. All the best to you.
His proof was that his long responses were deleted by Joe.
they were up for all of two hours
Josey gave his proof, and then mysteriously his email was deleted.
odd eh?
I love that I give 100% FACT comments that I have heard directly from the company, and my posts are deleted by the moderator, and i’m called a liar and a moron by everyone still drinking the kool-aid.
I have nothing against Joe, and in my post i also stated that I believe BIEL can still push forward with the PMA. I was under the wrong impression that the PMA HAD been filed, when it was merely “an intent to be filed”.
I am only repeating what I was told. Nothing more.
No problem at all PJ…I think you are spot on with denouncing an obvious smear campaign…it just simply frustrates me that one week ago, the CEO spends 30 minutes describing the entire BIEL situation in great detail and yet here we are chasing unsubstantiated rumors by anonymous chat room posters…people need to take the time and read and listen to what the CEO is saying…that is the essence of DD…
Joe looks like my post was deleted so I will post it again and again if necesary and all the mb boards too if required. So here it is again .
One thing that appears common with all your stock recommendations is the following major prs, huge price jump immediately, than major dilution and rock bottoming share prices…just look at biel, cskh, bmgp to name a few. Can you explain this common theme amongst all your stock picks… This is costing honest people with families big dollars and everyone should do their own dd but ur picks don’t appear to be anything individuals should put money toward bases on the perfoancrs of your stock picks. Can u explain your horrible record of Late? An honest answer would be appreciated.
Murphy – There are no guarantees with these small company stocks. I like to pick the long term trend and identify companies that can work over the long term. If you are going to count on my recommendations or anyone’s for short term gain you are going to be disappointed. There are many issues relating to trading these stocks over the long and short term. There’s the fundamentals and the short term trade. Many times there are short term traders that capitalize on the recommendations I make in order to get out of their positions. Additionally, they have other motivations. This has been the case with CSKH for example. The company is on a roll – the shares were undervalued at $.15 – they are an even bigger bargin now. Traders hit the stock to liquidate their positions and others to drive the shares down so that they could offer financing to the company at a lower valuation. It sucks, but that is what happened. BMGP has been a good stock for us. We started looking at it at around $0.09, it ran to $0.25 – and has been trading at around .12. The company has incredible technology, but they are dealing with the government lab, which is slow to react. This causes investors heart burn so the shares have sold off a bit. The long term trends is excellent however – I believe this company considering its partnership with one of the leading labs in the world is significantly undervalued – we will have a new conf call with the CEO on the blog later on Monday – listen to it and tell me if you agree. With BIEL, we started looking at the shares are well below a penny, rode it to $.125, back to below 2 cents a few weeks ago and hit it hard last week and it went back to almost 4 cents. Again, there are delays at the company mainly with FDA. You need to look at what I write as being mainly information flow to help you make your decisions, not as you stock picking service. Anyone who cannot risk loses should be in T-bills and not in these stocks. You can make some great gains following the companies I write about, but you also need to watch yourself and make sure you are playing with your risk capital and not your rent money. Thanks for the question – And one other thought….no one hates being wrong more than I. The business of writing on stocks/investor relations and covering companies in the small cap space is full of thieves and criminals. I have a stong desire to help both companies and small investors be successful. That is why I do what I do- there is no one else in the entire financial services industry/analyst community that does anything close to what I do. Sure, it pays the bills, but I do it to help build companies and make investors money. There have always been rough patches over my 25 year career doing a similar function. But my following is larger than ever because most know I am an honest guy who cares about both investors and management teams. Joe
Josey – I can’t post every comment – way too many – sorry, but yours really did not add to the discussion – so I zapped it. Always happy to answer what is asked. I think BEIL’s shareholder communications is really strong relative to 99% of pink sheet companies. Joe
Frank the Tank- Can’t post all of the questions as the blog would have too many posts – It really was not a question – I do my best to answer all. Will try harder for you and Josey – joe
Joe thanks for the attempt to alleviate my concerns. Obviously investing in pennies is a risk and if you as an investor don’t know that then you need to stop investing all together. Having said that the fact is that your recommendations of late have pretty much all tanked which is just stating a fact. And the major reason for the tank for most of these recommendations (i.e. Biel, cskh, bmgp) is due to dilution which u never give seem to address. That’s my concern that there is a runnup on these stocks and wham major dilution. U don’t seem to want to address this as a major concern which is concerning.
Murphy. Why would you assume it is dilution because the pps drops? I think Joe explained in another post, some of the issues that might have an impact on the pps.
Mommoffour- the dilution in the examples I have provided is huge more than 100 percent in some cases. Dilution is a huge issue in these stocks and the concern is that they companies are pumped and then dilution happens and gives the management teams tonnes
of cash! Huge concern and of u aren’t concerned with the dilution u should do some additional research.
HI Joe,
You stated above regarding CSKH: “The company is on a roll – the shares were undervalued at $.15 – they are an even bigger bargin now. Traders hit the stock to liquidate their positions and others to drive the shares down so that they could offer financing to the company at a lower valuation. It sucks, but that is what happened.”
Does CSKH have any recourse to this situation (as you know, their PPS has gone from .15-.16 to now .7 in 5 weeks)? I understand that small cap companies are more prone to short term trading fluctuations in PPS, including ones that defy logic (i.e. fundamentals), but at one point do these price “movements” become outright manipulation? As I figure, the company is nearing a break even point for 2010, they’re closing on contracts, the market for solar, particularly financing is opening up, and yet are stock value continues to plummet, on a SUSTAINED daily level–almost vertically downward. Does Ezra have a backup plan or strategy to help mitigate this and/or bring some stability back to the PPS? We hear contract news is coming but very little has yet been officially released.
Don’t get me wrong, I still support the company and hold a sizable position, furthermore, I still appreciate the work you do–despite the obvious flack you are and continue to receive. I just worry that traders and even shorters (possibly naked shorts?) have hijacked this thing and are running it into the ground–unimpeded.
This is where my previous post about communication comes into play…the only counterbalance to this short terms chaos seems to be solid contract news, which again, hopefully comes sooner than later.
Tvanyo-thanks for your reply.
Josey-Joe might have done you a favor by deleting your post, since you more than likely broke North Carolina law by recording a phone call without informing the other party. Add possible felon to your resume, except you made the whole thing up. Post your link, I dare you. You’ll probably like prison.
Murphy…has bmgp diluted? If so when and how much…unless I am missing something that is one of the strengths of the stock is the fact that there are not a lot of shares…I guess we will find out when the audi tis complete…
No problem, Joe.
You know that I’ve been a staunch supporter of BIEL in the longer term, I’ve simply become quite concerned lately with certain corporate divergences in direction.
I have a question for you.
At the present time, regarding the FDA, would you say the BIEL’s primary focus is the reclassification (therefore hopefully utilizing the existing 510ks) or a future submittal/approval of a PMA?
Thanks
Tvanyo – There are approx. 64 million shares. There has been minimal dilution. Most of the 64 mm are restricted. Joe
Thanks…and that is what I was tracking as well Joe…Murphy indicated that BMGP’s dilution was a huge issue…I was a bit stunned by that statement as they really do NOT have a lot of shares for a Pinksheet trading Company… in fact the CEO has made a point out of saying that they are currently fine with their capitol and should not need to dilute their stock to raise funds!