Bioelectronics Corp (BIEL)

[Daytime_Lantern]

If anybody on this board defends, or makes excuses for these latest financials, they shouldn't be taken seriously. Furthermore, if BIEL does not launce a serious AD campaign a few days after receiving FDA Full Clearance, then we should logically assume that management is not working in the company's best interest. It's a real shame to have a product with such potential as Actipatch, but have an incompetent management group in control of its future. Folks, this is truly ridiculous! This has mismanagement written all over it! You have to advertise to get any sales traction regarding any product. Do you think that "My Pillow" guy had a ton of money when he started out? Chances are, he didn't! It's a good bet that he leveraged his advertising via a financial institution, or he partnered up with someone/some group with deep pockets. If he utilized either method, he incurred debt. Maybe that's the reason AW doesn't have funds to advertise, he has an aversion for debt. Well, how has that working out for BIEL, so far? Hey! Folks! Do you realize BIEL could go out of business if this keeps up! This company has huge problems. But whatever the problem, AW is driving this company into the ground. I've seen bad management destroy a promising company before. By-the-by, I was heavily invested in that company. So, man (AW), go out and get a line-of-credit with some bank, if you can't get money from anybody else. Then Advertise! Advertise! Advertise! Enough is enough!!

GLTA!!!