Bioelectronics Corp (BIEL)

[mtoronto]

No deal is a lot better than a bad deal! It’s a fact!

Deals can be described as dumb, bad or even stupid and to the point. The shareholders were not privy to the offers made so any descriptions of any deals are for certain people only. When a big pharma shows BIEL a beautiful cake in the first paragraph of their offer and the last paragraph a little crumb, what would you describe this deal as?

Andy and Keith are now in a position to decline, refuse and even terminate any offers that are not acceptable. This means that the offers must be in the best interest of the shareholders and the company as well. Selling the rights to a product can mean a great return on a great deal or a very poor return for a desperate deal ! Just imagine the lifetime rewards on a great deal. That is the action taking place at the moment! Check the timeline with the Walmart meeting and when the product went online. If only we knew how many huge companies are lined up to take this product to market???

Leadership in any company is achieving great deals for their shareholders not desperate deals. Are shareholders going to be satisfied with a not too bad deal or a great deal?