Bioelectronics Corp (BIEL)

[Simpsonly]

Great post Patient.
I have known Whelan always thinks he's the smartest guy in the room for some time, from folks who know. Guaranteed. And speaks ill of most when they are not present. Not a winning style to demean the absent, because people present wonder what's to be said of them.

How we humans do one thing is often how we do most things. It is never negative, in business, to critique the performance of a CEO of a public company and hold him or her accountable. I believe it's inviting disaster not to. One doesn't 'raise' a CEO, like one's child, with the patience of Job. There's no nurturing, building or time to love. Change 'now' is critical or you lose your shirt!

If BIEL is not a winner, the Whelan family will be the biggest shirt loser. Based on the chain of disasters in the past 30 months, since FDA cleared the foot and knee, if you owned 55% +- of the company, with your whole a$$ at risk, wealthy or broke, would you want a winner steering or not

Watch the share price, if he's not a winner it will stay where it is and the company tanks quickly. IBEX, Whelan's daughter owns it, is pledged the BIEL IP (ActiPatch patents) as collateral on the Convertible Promissory Notes it holds and that would lead to litigation and seizure to protect all shareholders. If he simply and quietly retires to chair and can't interfere, no fanfare, it may rise immediately and significantly and everyone does very, very well. We shall see, it's all been said.