Bioelectronics Corp (BIEL)

[Simpsonly]

"I have a different take. I think there are deals on the table. I think they take more time than most want to wait. Some will choose not to believe this and play armchair CEO. Some will believe there are deals and move forward in faith that the technology is real, the team is competent and that there is a keen interest by multiple companies at this very moment. I’m in the latter camp."

We are in roughly the same camp. I don't "think" there are deals on the table, I am convinced something is up, as I detect an almost imperceptible change in the winds of communication coming out of BIEL, in source, quantity and tenor. The wind change is there!

That leaves, in order of priority, the critical toxicity in the pain space of the Former/current CEO name, the outrageous share structure and the management bungle on the CE Mark. The CE Mark is an operational issue and will get done and I assume everyone is accepting of the fact that there is zero business with B. Braun to be concerned about and that it never launched. So, the company is left struggling against the negative forces of the name toxicity - you don't have to do much DD to see that.

The share structure is equally critical, but the current CEO can't seem to grasp that the Whelan family controlling 35 billion shares at .0008 has the same value as 7 billion at .0045 and by disappearing 28 billion shares will enable the sp to run farther and faster once deals are announced. And a CPA to boot. So, it's either hiding something, narcissism, a defiance disorder, stupid greed or some other issue best not raised here. No one is that dumb, there must be a reason, who would deliberately do that to themselves?