Bioelectronics Corp (BIEL)

[askjsell]

This application was denied a long time ago. Remember, at 180 days, the FDA must provide an update as well as a revised estimated date of a decision.

If a decision was imminent or certain, BIEL would not need to increase the share count by 4 billion shares.

BIEL got bad news, from the FDA, hence the reason why management increased the share count by a massive amount.