You are correct, definitely not a 'newbie' when it comes to this company. I have seen all the disappointments and failures this company has amassed over the years for its stockholders and witnessed the decline in sales and stock price down to where it is now. This company did much more sales, years ago. I have seen the continuous rise in outstanding shares due to the dilution to fund this company's operations because sales cannot. I have seen the company leadership reward themselves, for their loans, with a 1/2 discounted priced stock deal, while all others must pay full price for their shares. I have read here, for many years, all the praises from a select few for a family leadership that has granted themselves that self serving note/loan deal and rewarded them with a laughable triple zero stock price. Not stopping that praise for that leadership even after that leadership has stopped informing them of the status of this company, quarterly. I have witnessed a statement from the self appointed CEO telling the stockholders that 2022 will be the year for BIEL, only to see the stock price drop down to the triple zeros and to where it is now. I have heard that (now) laughable statement from a representative of this company, that the CEO allowed to make to the stockholders, that they have signed a deal with 'SYNERGY' for a stated amount of sales generated for the next 18 months. That deal was to commence in the 4th quarter 2022. We are approaching that 18 months after that and still NO SALES and NO WORD of that deal. I think we can all assume now, THAT was a lie.
Yes, no newbie here when it comes to the history of this company, but the real 'newbies' and anyone else researching this company, should and must know the history of this company. And a good start would be to study the financial statements ----- when they use to report them. --- Remember when they did that?
