Bioelectronics Corp (BIEL)

[RVC]

Per-company-released-financials-more-stores-infers-larger-losses
Bottom line, losses are funded by TOXIC Dilution stock selling campaign, every share sold is ~50% pocketed by entities noted in Per SEC filings:

http://www.sec.gov/litigation/admin/2016/33-10036.pdf
....sold purportedly unrestricted shares in unregistered
transactions at a discount to then-current market prices........
orchestrated the illegal distribution. Approximately half of
the proceeds of these sales were then “loaned” to BIEL and the
other half was retained by the entities.