Bioelectronics Corp (BIEL)

[MightyLion]

MASSIVE dilution, no significant revenues, YEARS of PR's about dozens of new distribution agreements all over the world yet still no significant revenues generated from them. Expensive trips to multiple overseas destinations like Monte Carlo for the CEO and his friends (supposed distributors, lol) all on the shareholder's dime, questionable financing with 'finance' companies in family member's names set up from shell companies. Claims of reclassification and FDA OTC approval "right around the corner" have been touted for YEARS but never materialize. This stock absolutely REEKS of being nothing but a cash machine for the CEO's family at the expense of shareholders. Why people keep throwing money at this is stupefying. I've come across some shady businesses in my time, but this one takes the cake for stretching it out the longest with MASSIVE dilution and an apparently never-ending stream of rubes more than happy to hand over their money to these people. Come on - SIX BILLION SHARES now - and a 95+% drop in share value over the last 5 years. Repeated fluff PR's to pump, immediately followed by dilution, over and over and over and over again.. how can you "BIELievers" not see what is going on here? I just don't understand how anyone can not see how badly they are being screwed here. It's just bizarre. Absolutely, stunningly, mind-bogglingly nuts.