Bioelectronics Corp (BIEL)

[JustGoDeep]

Repost of a post I made I Do Not Fear A Reverse Split


Long time reader, first time poster. Been here since the first run when it was .026 and ran to .12.

I really see no fear for investors in a reverse stock split. The market cap is low and really way undervalued (Imo) should this get FDA approval. Heck if they can ramp up sales to 100,000 units shipped per month in the next 6 months to a year imagine what the market-cap would be. Do the math.
The company must survive first and foremost. Last we know there are 4 billion shares authorized and I am guessing they may be all out. So lets say the company needs to authorize a total of 5 billion shares, one billion more to fund themselves. The market cap would still only be 18.5 million at current price of .0037. A reverse split will not alter that cap except for those that have fear, and cause the stock to drop from that level of market cap by selling. It would be a potential great buying opportunity for true longs with more capital to invest.
It really does not matter if I have 1 million shares at .0037 or
100,000 at .037 or
10,000 at .37 or
1000 at 3.70 or
500 at 18.50 or
100 at 37.00
the market cap remains the same and so does the price appreciation for each quantity as it relates to the market cap. It opens the door to institutional investors also. The real question is where is the market cap is going. If I were a CEO of a Pharmaceutical I would be knocking on the door to buy this company right now. I see the potential. Imagine for a minute 4 million unit shipped and sold a year. Do the math for yourselves. Me, I bought and am holding for long term capital gains should this get FDA approval and ramp up as I hope and believe it will.

And a special thanks to REDZONE, as I was one of the lucky ones that saw his post February 21st and bought more that day. Should have bought even more!!
Hoping this pans out. All in my humble opinion Madp, relax