Bioelectronics Corp (BIEL)

[RVC]

February-5th-the-SEC-took-a-small-action-against-the-Company

Can you say glass is 1/2 full?

Before investing for long term results evaluate SEC past/present filings:

https://www.sec.gov/alj/aljorders/2016/ap-3761.pdf
....motion is DENIED AS MOOT
....request is therefore DENIED

Seems aligned with previous legalese being applied:

Pertinent keywords/statements as stipulated by the SEC
--> http://www.sec.gov/litigation/admin/2016/33-10036.pdf

....inaccurate public disclosure
....unlawful distribution of securities
....falsely recognizing revenue
....overstated BIELs revenue by $366,000, or 47%.
....engaged in an illegal distribution of unrestricted securities
....unregistered transactions at a discount
....orchestrated the illegal distribution.
....half of the proceeds .....was retained by the entities
....offerings were not registered with the Commission.
....constitutes improper professional conduct.

https://www.sec.gov/litigation/complaints/2011/comp21813.pdf
....simply misappropriated the money they raised from investors...
....took steps to prop up .... stock price by manipulating trading in ..... stock.
....personally placed at least two of these matched orders....
....coordinated the timing and the prices of the bids....
....place buy offers at the same time that others placed sell offers....