Bioelectronics Corp (BIEL)

[Stockytalky]

Here is the response from Kelly to my email about an investor update:

Any information from the Company that is material in nature will be in the form of a press release. We aren’t going to share anything material via an Investor Update. The office staff is still primarily working remotely- which is also the case with most of the other entities we have been in contact with over the last months. Covid-19 has most definitely slowed everything down, and we decided not to put out an Investor Update detailing how it has affected us as anyone who is in business should be aware of the effects of Covid-19. At this point, we feel an Investor Update would be viewed as a litany of excuses…and we aren’t making excuses. We are working.

We have a good deal in place that involves three parties- our part is complete. We need to confirm that party 2 and 3 have a signed agreement in place. We were told March 13th via an email from party 2 that the deal is “finalized” but later discovered they did not/do not have a signed agreement, and until they do, the news will not be released and parties 2 and 3 will not be named. Our team isn’t going to take the risk of announcing this deal until we confirm all parties have signed on the dotted lines. We will release the PR when we have absolute certainty that all relevant contracts are signed.

We appreciate your loyalty. You can phone me directly with any questions or concerns you have about your investment. My direct line is 301 476 4376.

Kelly