Bioelectronics Corp (BIEL)

[misanthrope]

I am not really suggesting a theory. It is a fact in the case of Biel. Dilution is their business model to borrow money and it has been successful to the point where they can dictate how to get money in the very near future. This is a fact. Take it or leave it.

It's neither theory nor fact - but it is ridiculous. Dilution is a way to get money - but that is not a business model. A business model is the 'why and how' of a company. Its structure, strategy, and operations, sales, marketing, etc., etc. I will grant the following, however: it could be a business model, IF the sole purpose of the company is to sell shares. Is that what BIEL is in the business of doing? Selling shares? Ah, didn't think so.....

It's a way to get cash; if it becomes the only way to get cash, BIEL investors are screwed. Pennyland is filled with companies that have sold nothing but shares - and littered the landscape with disgruntled, and poorer, shareholders. I am not even objecting to BIEL's dilution at this point - but continued, sustained dilution, without results on the actual business model - ultimately and always ends in failure.