Bioelectronics Corp (BIEL)

[Jimzin]

The most common reasons that a business is not in good standing are:
A missing Annual Report and Business Personal Property Return, also called a Form 1
A monetary penalty resulting from the late filing of a Form 1
A check or other form of payment that was dishonored
Not having an active resident agent
An issue with the Maryland Office of the Comptroller
An issue with the Maryland Department of Labor, Licensing and Regulation

I'm sure BIEL has ALL OF THE ABOVE. So there is your answer Bobby1151.

Also you mentioned Whelans (1 Billion shares)? Not even close...If the Whelans converted all of their Notes today, if would be +/- 35 Billion shares "owned" by the family. They probably never spent more than $1M to acquire all of these shares...that's what a revolving note/selling scheme will do for ya.

Probably doesn't matter anyway...we are toast, they are toast...just waiting to see how bad we are burned. But it will be very ugly...very soon.

Bankruptcy any day now...so sad