Bioelectronics Corp (BIEL)

[RVC]

How-can-SEC-filing-be-categorized-as-"unimportant"

Suggest reviewing key terms as stipulated in SEC filing:

Pertinent keywords/statements as stipulated by the SEC
--> http://www.sec.gov/litigation/admin/2016/33-10036.pdf

....inaccurate public disclosure
....unlawful distribution of securities
....falsely recognizing revenue
....overstated BIELs revenue by $366,000, or 47%.
....engaged in an illegal distribution of unrestricted securities
....unregistered transactions at a discount
....orchestrated the illegal distribution.
....half of the proceeds .....was retained by the entities
....offerings were not registered with the Commission.
....constitutes improper professional conduct.