Bioelectronics Corp (BIEL)

[uksausage]

those words have nothing to do with BIEL but the accountant who is I believe in similar trouble with other stocks - and raises the question about why the SEC has taken so long to flag him.

BIEL's motion was GRANTED IN PART and the Agenbcay asked to "Therefore,
the Division shall identify, in the form of a spreadsheet, if appropriate, each transaction it believes supports its Section 5 claims by the date of the transaction and the buyer and seller"

then consider this statement and tell me how this isn't a kangaroo court:
"respondents are not entitled to a disclosure in the OIP of what
evidence the Division intends to rely on at the hearing."

BIELS attorneys are specialists in this type of process and will get the whole case thrown out for lack of due process according to the United States Constitution.

Many people are questioning the fundamental existence of these administrative processes. The SEC will be looking for a "get out as quickly as we can looking like we achieved something" which hopefully BIEL will offer. They certainly will not want a formal hearing.