Bioelectronics Corp (BIEL)

[Probity]

I disagree Steve. BIEL was at a point where money was presented as being an ongoing concern. If that is true, then who the upper hand at that negotiation table? KT with a long enough track record of raking in millions or BIEL with one profitable quarter a while back and last quarter a 40% drop, even given a 975,000 surprise? There is something to be said about pleasant surprises/sales having a track record BEFORE going to negotiations.

No my friend, I am of the opinion that there were some internal missteps, that ALL companies go through at one point or another, and then external pressures all talked about here to no end. And it was a world of hurt.

I have been on four negotiation teams in the past, and the first thing you do is absolute thorough due diligence on your prospect, their products, a SWOT analysis (Strengths, Weaknesses, Opportunities and Threats) for ones own company regarding a partnership, and even from the lens of looking in at the other company, yet most importantly, determining who needs who more and to what degree. Not an all inclusive list by any means.

It is shark tank my friend. KT was the shark.

All imo.