Bioelectronics Corp (BIEL)

[Simpsonly]

See posts 204871 and 205111 for my opinion.

This ship is changing course and you cannot turn a ship on a dime. No excuses, but it is a new journey.

Only things left are:
1. Expand number of Directors on BoD to help dilute toxicity from the past;
2. Whelan family surrenders and cancels 28 billion of its amassed 35 billion shares, accumulated through incestual revolver financing scheme that was only supposed to be for 2 years, 2008 to 2010 and lasted for 11 years because of, well, we all know the story - a new day, but it must be rectified. They need to do it or suffer the share bloat standing between them and immense wealth; and
3. Keith Nalepka and BIEL team complete US retail deals!

Probability? There is now nothing standing in the way of success, except lack of common sense on #2!

Whelan family gets very wealthy by retaining 7 billion shares and reducing total from 62 billion to 34 billion or so. Smart now versus dumb like before.