Bioelectronics Corp (BIEL)

[fuente]

All I will say is that you don't understand the context of the questions asked and the answers given . . .

I understand the question asked, and the answer given. There doesn't need to be any context when the question and answer are crystal clear.

there is a lot more there than is understood by laymen, you may or may not learn of all that the testimony contains as to the finding methodology. . . . . it's all there but it is not easily understood in that context.

The questions are straight forward..no context is needed. Twisting the words of the response doesn't change the response.

Keep in mind Ms. Whelan is a highly experienced CPA and she knew exactly what she was saying and doing . . . .

I don't have any doubt that she knew exactly what she was doing.

no one asked what happened to the money; how it was used; her net income;

Really?

9 A Okay, so you want to know what was the income
10 reported on my personal 1040?
11 Q And IBEX's?
12 A I believe it was in excess of $6 million.
13 Q So you made over $6 million from loans made to
14 Bio Electronics in 2009.
15 A That's correct.

BIEL was very successfully financed for years, rather than throwing in the towel and quitting.

Successful for the Whelans only...but that's just a minor detail.