Bioelectronics Corp (BIEL)

[art2426]

Honestly and IMO 1 for 1000 reverse split seems a little radical, leaving outstanding shares at 8 million. That is quite low considering standards. 1:100 is more of what I see. I know everyone wants to see an immediate price after reverse split qualifying for getting off the PINKS, but increasing sales should be the main motive for such and focus of this company. We are getting that encouraging news now and hopefully will continue. Nothing more exciting than reading financial statements with INCREASING sales. "GROWING company". LOVE those words!! That is exciting and should be the main concern and strategy here. In any business I have been associated with or worked the books, SALES is king. Everything follows SALES. All other numbers feed off of SALES and can be controlled. Sales JUSTIFY expenses. THAT (increased sales) will get investors interested and increase stock price and THEN be the substance for stock price appreciation to get on a higher exchange. Reverse splitting for JUST that purpose is artificially inflating your stock price. The street is NOT stupid and the price will deflate as fast. I understand the NEED to get out of the pinks and the serious damage that our stock price has taken, thus the impending probability of "reversing", but the decision on how much to reverse is critical. At what ratio does the "street" see it as damaging vs constructive? IMO, 1000 destructive, 100 constructive. All IMO.