Bioelectronics Corp (BIEL)

[RVC]

Unable-to-extrapolate-the-correlation-increase-sales-infers-increase-cost-of-goods

Sorry, limited ability to respond, given restricted number of posts allowed.

Using the same "general accounting principles", struggling to explain
inability to perform expected correlations.
IE: Increase items sold should equate to increase cost of goods sold.

If cost of sales is based on increasing items sold then should correlate to increasing cost of goods sold.....

How do we explain Cost of Goods Sold being flat/decreasing, yet Sales increasing?

....................... Q3-2015 ... Q3-2014
Sales ............... $499k ..... $231k ..... 216% ...... 2X increase
Cost of Goods .. $180k ..... $181k ..... (0.01%) .... Flat

This is example of where company needs to provide greater transparency to reduce speculation
and increase investor confidence.

Would also be interested in the "quadruple your sales as being forecast by increased retail outlets"
Have not seen the data from the Company that suggest revenues are expected to increase 4X
If this were expected then would have expected the company to have provided similar forecast.
Again an example of lack of transparency from the company leads investors to resort to speculation.