Bioelectronics Corp (BIEL)

[Gailm]

Ah the most important paragraph in the 10K
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NOTE 3–GOING CONCERN

The Company has incurred substantial losses from operations. The Company sustained a net loss of $2,988,344 for the year December 31, 2018, and a cumulative net loss since inception of $34,761,351.

The Company is currently seeking financing to provide the needed funds for operations. However, the Company can provide no assurance that it will be able to obtain the financing it needs to continue its efforts for market acceptance, and to maintain operations, and thus there is substantial doubt of the Company’s ability to continue as a going concern.