The amount of mis and dis information here is amazing
First off there are no Market Makers for this stock. The original MM when the stock went public, which under the rules of that time, were the ONLY people ho could make a market in the stock for 30 days, as reward for filing the 15c2-11. Since then, nearly 19 years there has been NONE.
What the misinformed BELIEVE is a market maker are those under the new rules who can apply to provide a quote for the stock WITHOUT having to "make a market". That is a BD (Broker/dealer) and NOT a MM.
In fact the ONLY way a BD can dabble in this stock (as if they would waste their time) is to trade in the company Proprietary Account to which there are rules and reg's for which this pathetic excuse of a stock and company would not be worth bothering over.
There is no deal pending anywhere for BIEL. They merely engaged a middle man to try to secure something that could be announced or at least leaked.
The company has NEVER had a success, never made a dime, and is just a financial vehicle for The Whalen's, relations and a handful of insiders who shortly will most certainly have some serious problems.
This will die, the truth will come out--don't be in the line of fire. One very PO'd investor (not me I wouldn't own this pig) is threatening to cause trouble. Kelly has walls closing in and investors are the farthest thing from her mind, and frankly once she exits no one will hear from her again.
Most know this to be true, but for whatever reason cannot acquiesce publicly. I get it.
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BIEL: WEAK MINDS MAKE WEAK TRADES
