Bioelectronics Corp (BIEL)

[art2426]

Well done and very good analysis tgitm working with the numbers to make an accurate comparison to the time when this was selling (valuated by the market) back in 2009 at .12/share. Correlating that to the present, I agree that a very doable price of the low pennies figure you state, could/should be our comparable valuation when FULL Clearance is granted.

I am one of those that bought at that .12 back in 2009. And with the power of averaging down considerably in the triple zeros, I am now safely in the green. Don't always recommend the averaging down strategy but in this case, I believed in the product so much, to me it seemed comfortable to do.

Still NOT selling one share, yet! Not with all the expected good news coming soon. May start thinking of selling some at that comparable price range you state.