Bioelectronics Corp (BIEL)

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Here we go again with the "All they had to do" Bullshit

Some are evidently not aware that starting a new business is not an easy task.

90% of new startups fail.

75% of venture-backed startups fail.

Under 50% of businesses make it to their fifth year.

33% of startups make it to the 10-year mark.

Only 40% of startups actually turn a profit.

82% of businesses that fail do so because of cash flow problems.


By surviving and making progress towards solvency for 20 years BIEL has beaten the odds.