Bioelectronics Corp (BIEL)

[User_347763]

More often than I realise I am wrong... but I have always thought this was the perfect money making machine for the Whelan's...the more time it takes...the more delays...the more lending from the family at very generous terms...and of course this conversion of notes...preferably at extremely low pps.
Time has always been on their side.
Whelan must realise that he missed out on this recent FDA window of opportunity...the next one at least being 2 years from now...furthermore he must have figured out that he is even less competent at implementing FDA and NHS as he is at his brilliant staying the course strategy.
In short he has run out of time and resources.
Would't selling the company right now be the best move...saving face