Email To Paul Displeasure As Shareholder(s):
Paul -
As a current share holder and someone who has emailed you on numerous occasions, I can't express my sincere displeasure in, yet again, the lack of concern for BIEL shareholders. We have been told to wait, hold on, FDA will come, We are selling in Europe, etc.......and I have done so, since 2009. To which I have lost almost 90% of my original investment, while what you and the company have been promising is ACTUALLY happening. The FDA has amended the technology and how they classify it. How are we repaid for our loyalty - total dilution of shares, no value in the press release (or any press release for that matter), and no talk of shareholder value or commitment to said holders.
At the end of the day, we have sat on our hands, waited for the promises to come to fruition, as the number of shares of this company continue to be pumped into the market by the billions. The CEO is blasted on websites and message boards and not only takes it, but gives no reason for many to believe the contrary.
We, as members of the BIEL community, are tired of waiting; tired of the promises. When will the company show any sign they care about the shareholders. Share buybacks are example of caring about shareholder value. Dumping more shares into the market is not. If the technology is that great, as described in the company description ("revolutionary devices / technology"), why are we not actively looking to be bought out (and please don't tell me we are). That is caring about shareholder value.
At the end of the day, I know you can't and won't answer these questions. However, know that it is has become very hard for me and many others to believe in the company enough to talk others into looking at this is a credible investment, while it has also become extremely hard from me not to take my money elsewhere.
Maybe you could share this with those who can make the decisions to look out for those of us who have so fondly defended Andy and the company for so many years.
Yours Truly,
