Bioelectronics Corp (BIEL)

[Steve43]

The story was correct, millions of unregistered shares were sold, with the approval of 3 accountants that knew better but did it anyway. The Judgement was reduced because the SEC broke protocol in the hiring of Judges. The case was solid, the Company dodged what could have been a fatal bullet. That's the story, and can be read as all the documents are public. JMHO It happened, and there is nothing wrong in telling the truth, as a cover up is worse then the crime. Again just my humble opinion.