Bioelectronics Corp (BIEL)

[srinsocal]

The bottom line is the dollar value of shares not the number

<<<<<<<<<<< billions of shares on the ask >>>>>>>>>>>>>

At BIEL's current .0029 SP and $63.75 million Market Cap 1 billion shares has a dollar value of $2.9 million, less than 4.6% of the Market Cap.


During the recent Reddit Run:

1/26 - from .0023 to .0039, 66% rise on a Volume of 426 million shares.

2/11 - from .0048 to .0074, 52% rise on a Volume of 465 million shares.


During the FDA OTC Run:

02/06/2017 - .0005 to .0015, 200% rise on a Volume of 1.42 billion shares.

No problem with SP appreciation during these periods of very large Volume.


Saying BIEL is doomed because it has 24 billion shares is like saying you can't afford a trip to Japan because a Big Mac costs 381 Yen, not bothering to research the exchange rate which is 110 Yen = 1 US dollar.