Bioelectronics Corp (BIEL)

[art2426]

If anyone thinks that some conglomerate is going to offer BIG MONEY for a company that is on the brink of BK (see balance sheet with asset/liabilities ratio) no matter what great products they have, IMO you are living in a dream world. This (BIEL) little company will be eaten up easily by that company IF they really wanted the products. It is a joke IMO that so many are predicting such a major deal is coming. PAIN ACT? Really? What happened to 'opioid challenge'? What happened to UK NHS? What happened to B. Braun?

BIG companies did not get BIG by being stupid. They could care less about the financial distress of an acquiring company. They are not feeling sorry for a struggling company they might like to take over. They are like sharks smelling blood and going for the kill. With this horrible financial situation that Bioelectronics is in, they IMO are not going to pay what even the company might be worth. And surely they KNOW that THIS company has NEVER shown a profit in its 19 year existence and is desperate for financing.

As of now, IMO a sale with the market cap of $12.5 million, calculating with 'only' 25 billion shares OS (with more coming due to note conversions) at stock price 0.0005, is a joke.