Bioelectronics Corp (BIEL)

[art2426]

>>>Amazing that you always bring facts and you’re met with the whiney defenses of negativity. <<<<


Maybe because despite all that is posted, the stock price still trades at rock bottom and the financials show another net loss AGAIN, continuing its streak of NEVER profitable, not one year in over 20 years in business. Plus sales that have dropped over the years. Plus an asset to liability ratio that has remained laughably weighted to the liability side ($144,388 : $16,622,807). Plus over $12,000,000 in note/loans that have matured and could not be paid back thus remain on the books. Plus those balance sheet financials showing a cumulative deficit of over $39,000,000. Plus cash flow from operations for the year of -$722,812. Plus authorized shares not enough to satisfy all the note/loan to stock conversions. Plus with all that is due ($), they have 'cash on hand' at time of financials, of $4686!

Maybe that is why the negativity! ----- YA THINK?