Bioelectronics Corp (BIEL)

[Simpsonly]

Great post - Let's do that Math 101 again with a little juice to it MMB:

Your post;
You Currently own 5,000,000 shares @ 0.0012 = $6,000
If there is 1 for 10 reverse stock split:
You will own 500,000 shares @ 0.012 = $6,000
A reverse stock split doesn't impact the dollar value of your position.

Market Cap is much more meaningful figure to worry about.

My post with Math 201 juice;

You Currently own 150,000,000 shares @ 0.0012 = $180,000.

If there is 1 for 100 reverse stock split:

You will now own 15,000,000 shares @ 0.12 = $180,000.

A reverse stock split doesn't impact the dollar value of your position.

Except - Psssst - BIEL is now trading on the NASDAQ OTC:BB - FDA has given OTC Clearance for BIEL products in the USA - BIEL just announced a deal for international distribution with a major player like a J&J. BIEL is now running . . . .

Stock is now trading at $1.20 and headed up = $18 Million

Same as 150,000,000 shares at 12 cents = $18 Million

Market Cap is the only figure to consider.

There has been zero talk about a RS, I responded earlier today to a posted rumor intended only to distract, with my circumstances under which one might consider a RS, namely to make BIEL more attractive and qualified to jump up to the NASDAQ OTC:BB. The only sensible RS in BIEL's case is in conjunction with very good news.

Common sense tells me that if BIEL management were scoundrels, they would already have done a RS, they have not and BIEL has produced nothing but positive and welcome good news for 3 years. BIEL is doing exactly what it said it would do.