Bioelectronics Corp (BIEL)

[art2426]

Miami, I have been around along time as you know and I NEVER wish any ill will on any investors. I truly hope this all works out. But for me, I have always been a numbers guy and go with those numbers. The product has worked for me with chronic back pain, so I stay in tuned to how this is all going. But I CANNOT ignore those 'numbers'. Believe me, I understand business income statements and balance sheets and these two for this company is as bad as it gets. There will never be any big money invested in this that can save the stock price as long as the financials are what they are. I had hope that this would improve but it is getting worse. Those loans that have to be paid back versus the cash on hand and sales, is very concerning. Especially when the family will get 50% discounted stock price for their note conversions, so double their stock. Also the AS is maxed so that will have to be raised for family conversion. Dilution is NEVER a positive for the stock price.

If anyone wants to believe that reporting the facts of the financials is 'bashing' -- so be it. I call it as it is and it IS information that all stockholders should see and understand. Serious potential investors WILL see these financials and will run after researching. This ridiculously low stock price IS the result of those financials. That and so many unfulfilled promises and hype from this family management. YEARS of it. When is enough is enough?