I suggest again, respectfully, that my strong sense that something is up is using the same faculties that wondered why the deferred sales of $536K and going after the truth of the bungled, expired CE Mark as the truth behind the deferred sales.
And the same faculties that sensed a cluster with Dr. Scholl's, and CVS, and KT Tape, and went after the truth of the former cluster CEO having said "No" to them all, as the truth behind why Keith Nalepka was thwarted in his efforts to make those deals.
And the same faculties the became very concerned in 2016 about the advancing aging issues of the former CEO.
I still say, I sense something is up and if it's deals, then BIEL must be in the best shape the help any upside in share price run higher and with greater sustainability. And that means getting the toxic name of the former CEO and his misdeeds the hell out of the way and fixing the absurd share structure first!
If management stupidity, procrastination and inertia obviate fixing those two turnaround components, then I suggest any sp run will not be as long or strong coming out of the 12 year toilet the former CEO put us in after the 12.9 cent run of 08 and 09. And if the Whelans reduce their holdings from 35 billion to 7 billion, they will hold the same value at $.0045 with 7 billion, as they do now at $.0009 holding 35 billion shares.
Ask yourself this. Does a company with 62 billion shares run longer and stronger than a company with 34 billion? Or does it struggle to run because of the stupid share structure and run out of gas? If the probability favors 'No', it will likely struggle, then the reason the Whelans should move quickly to correct the share structure is valid.
Run long and hard vs staying closer to the toilet works for all shareholders. The significance of the triple play must not be overlooked. Fixing the absurd share structure, first. Taking that innovative step, then getting the former CEO's toxic name and his red flags out of the way, also first, followed by a great deal or two will put BIEL in the right sp range it so deserves - patented, miracle, miniaturized, drug-free, side-effect free pain device.
