Bioelectronics Corp (BIEL)

[art2426]

IMO 'management' (ie. 'family') was more focused on capitalizing on their self serving note/loan deal, than selling product. Getting their stock at 50% discount was what they thought was a can't lose deal. Little they know, that as of this time, all would come crashing down, along with their self serving note/loan deal. If this continues, 50% of nothing is nothing. I am sure that all the stockholders that had to pay full price for their shares will not be shedding any tears for 'management', if that happens.