Bioelectronics Corp (BIEL)

[RVC]

False-company-continues-to-fund-operations-from-sell-of-shares
Suggest writing to company IR and ask for confirmation if share selling is still occurring.

The response received from the same inquiry confirmed that the revenue from new channels has not provided enough income to discontinue the share dilution strategy.

So, any speculation that profitability is near are false and if you inquire with the company IR you should receive the written confirmation.