The CE Mark was allowed to expire on Whelan's watch. As a result of this incompetence, I believe that there were $0.0 sales of BIEL products last year in the UK, and everywhere else that requires the CE Mark.
It could be estimated that BIEL lost millions in revenue because of the oversight by BIEL management.
I guess it's okay because Kelly "ill-gotten gain" Whelan lent BIEL money to keep operating, lol. Of course the equity dilution of this error cost shareholders dearly.
All of my comments are based on my own due diligence and are only my opinion. Please conduct your own due diligence and research before deciding whether to buy or sell any stock. My posts are for entertainment only.