Bioelectronics Corp (BIEL)

[Simpsonly]

Probably, technically, but if I were CEO, I would want the unanimous support of a bigger more powerful and dynamic Board behind Chairman Staelin. 5 or 7 Directors would be perfect.

However, tactically, I would enhance the BoD, fix the share structure, announce the first profitable strategic alliance deal that will generate sales and profits and let the sp run hard.

Then, the BoD and share structure tweaks will give it a higher level with better sp sustainability, after the first deal announcement.

Then, and only then, perhaps consider a 1 for 10 reverse, BUT followed closely with announcements of deals 2 and 3 in short order. If all those are permitted, would that not allow new investors to run it again? Somewhere in there, BIEL becomes very profitable, seems to me.

Just my opinions, but why not? ActiPatch is brilliant and USPTO patented, why not manage it to a profitable destiny? Biggest component of a success story is good management, unless you're in a Casino. But you have to know when to leave. Bad management can put a company in the toilet in a week and keep it there. A sound management team can accomplish great things for shareholders, large and small.