Bioelectronics Corp (BIEL)

[RVC]

You-have-no-way-to-know-how-much-money-may-have-been-diverted
RE: After all, the people who gave money to Biel have not recovered their money yet.
There is no way to assess how much or if money has been diverted away from company efforts and instead allocated to funding family & friends standard of living.

The fact the SEC has suspicions of illegal actions the door is open to discovering that the toxic dilution strategy has not benefited the company in the manner expected from investors.

Whats even worse is now, investor capital will be diverted to responding to the SEC legal filings instead of funding the critical efforts with the FDA.