Bioelectronics Corp (BIEL)

[askjsell]

LOL....BIEL increased the authorized share count for one reason...to dilute the float and dump more shares.

4 billion additional shares will dilute the float by 36%! So, expect the value of your BIEL holding to decline by this amount.

Folks, this a clear sign that no FDA approval is coming. No profitability is coming. BIEL is acknowledging weak revenue by increasing the share count by such a large amount. BIEL now has an additional 4 billion shares to dump.....this is not good.