Bioelectronics Corp (BIEL)

[4toSchool]

Financial Reports:

I for one really appreciate someone uncovering the finer details contained in the financial reports. BIEL's performance becomes more clearly understood when you learn the actual amount of sales, the wild swings in COGS, the changes in balance sheet items that affect the P&L, like PPP forgiveness, the amounts owed to the IRS and SEC, the number of shares outstanding, and the tens of billions of shares that KW and PW can obtain via conversion of their ill-gotten notes.

All of the aforementioned items speak to the true value of the company, and at every turn, they don't look good. Remember, "the Devil's in the details" and it is true with BIEL.