Bioelectronics Corp (BIEL)

[Daytime_Lantern]

Now, I'm no fan of how BIEL is being managed, I think the bulk of my posts will attest to that. But, I think I recall reading at least one post on this board which described the contract offered by Protex and/or CVS as having a "perpetual" clause within it. Now, if that contract offered by Protex and/or CVS had a high profit margin ratio, even with the perpetual clause withstanding, then IMO, BIEL should have led with a handshake and then immediately applied pen to paper. But, if the profit margin was a joke, then that perpetual clause becomes a lead yoke around BIEL's neck, in perpetuity. If the latter was indeed the case, then BIEL certainly did the right thing by rejecting that potential white elephant. Hopefully, I got the premise correct regarding the perpetual clause. But if I didn't get it right, then... Oh! Well!


GLTA!!!