Bioelectronics Corp (BIEL)

[Gailm]

The Scummy Scammy Receivables game of BIEL

Yeah well here it is. You want to sell a "Questionable Product" to a valid distributor/retailer. Of course after their Due Diligence they see this is a POS GIZMO at best but might make an initial splash ( BIEL'S MO, along with another 3-4K of OTC SCAM STOCKS)

So here is the deal. We'll give you terms. 90 days , 180 days 360 days can't go beyond that, and if you are unhappy we will write off the loss --AS IN BAD DEBT THE RECEIVABLES.

Of the the 13 companies on the OTC I have KILLED so far 11 employed this tactic, HEMP INC which I haven't buried yet does, and I suspect that is the case here following the build up of the receivables dollar amount on BIEL'S reports.

What is needed is a through SEC investigation into the sales and booking practices of BIEL.

And so it shall be.