Bioelectronics Corp (BIEL)

[Probity]

Your intentions are honorable DTL, but enables and may have repercussions if put into action.

We shareholders are not the owners of the company in the sense that we are the proprietor/proprietress, possessor of the company, that we can make advertising decisions for the company, walk into the company and see what’s happening, or be a part of internal discussions within the company, and so on.

We simply own shares in the company with limited rights. You don’t even own your own home, even if paid-in-full, in the pure sense of ownership. Skip taxes and find out who really owns it.

It could be very costly for any shareholder that is a part of a formal advertising campaign that is not sanctioned by the company.

So be sure to set up an LLC because any stupid thing that happens via some sue-happy p-i-t-a people, or even the company itself, will be on shareholders involved in this. You’d be surprised what people dream-up to sue about.

In today’s litigious society? That’s asking for trouble.

You can lead a horse to water…

Class action? The lawyers monetary buffet; all else get to eat the leftover crumbs if any.

Just my take. Extremely frustrating for sure. GLTA.