Bioelectronics Corp (BIEL)

[stockdarockk]

Court settlement...doesnt trump quarterly sales being a dismal...211k. Thats the lowest in 5 years. Now go look at all theyve put out in 5 years. And its ONLY EVER gotten worse. So many are happy its in the 1s, up a tick or 2. Wow. 25 Billion shares, and sales are basically, shareholder purchases of the product is NOT GOOD. Now its hype on 3 substantial orders. What is substantial to BIEL? Keep in mind their quarterly sales numbers equates to less than 5,000 units being sold. So an order of 1,000 units would be substantial, as its represents more than 20% of their quarterly sales. BIEL in infamous to spouting things like this to draw in the unsuspecting.

Many are saying 10,000, 20,000 etc.. But substantial to BIEL could be 500 based on how they sell them. I would wait till I see the amounts and not get ahead of it. Cause if you go back and look at posts when Q2 ended, the talk was we didnt expect substantial sales from NHS till 3rd Q. Then as pps dropped near end of Q3 and folks realized some knew numbers would be bad, low ball predictions in sales were touted. Like " I expect sales to be $150k or more", then say it came out higher than I predicted. Wrong. Not what was said when they had the entire Q3 in front of them. But boy how it changed near the end. Same was said in start of Q3 this was our break out Q, only to change it and then try to claim "called it". NOPE NOPE NOPE.

Even $166k in fines is going to be a HUGE pinch to BIELs bottom line. They have $7k in cash, monthly expenses, and the fine alone will take their entire quarter sales numbers. Not to mention this is a settlement. Shows BIEL pleaded guilty to breaking the law. Not, BIEL was falsely accused, by a disgruntled ex-employee, and we can sue the SEC for millions. Notice that talk vanished as well? A settlement isnt a dismissal, and will now forever be an admission of guilt.

This company is a mess. Any high teen buys will lose even more. Watch.

Sales dropped 60%...from last years Q3...Sick...$211k in sales last quarter. Teens are way too high. Those sales are almost all, if not all, investors based on what was claimed in "buying a patch" from shareholders.

OMG what a mess. This will drop well into the trips soon. Wait till this gets around.

Q3 2017 458k

Q3 2018 211k

OUCH!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

Not justified at this price. Thats 2 quarters with NHS added.

https://backend.otcmarkets.com/otcapi/company/financial-report/206758/content

Might want to get out before this gets around.

Also...

OUCH!!! They diluted 700 Million more shares last Q. In 90 days they added almost 3/4 of a Billion shares. So much for reading all Quarter how they are not diluting cause they dont need to. Oh they did big time.

19.1 Billion to 19.8.

They made 10x more money selling shares than Acti-CRAP products last Quarter. Told you selling shares is their cash cow. It appears that the only people buying the patches are those who hold shares and are looking out for their investments. NOT GOOD

Going to get ugly soon