Bioelectronics Corp (BIEL)

[art2426]

>>>You are forgetting the Pockets of RS.
Lots of cash on hand.<<<


If RS refers to Richard Staelin, you're kidding right? How much more money than the over $5,000,000 he loaned, will he keep loaning. Everyone has a breaking point but you think he does not and he will forever keep funding? AGAIN, at some point this company has to show sales that can and will support the ongoing operations and be able to pay back the over $12,000,000 in note/loans that they have 'on the books'. They are not even close to having that happen. SALES must improve drastically, as what they are doing now, does not even come close to doing that. First step before any of those paybacks can occur, is to show profitability and they have not accomplished that in over twenty years in existence.

Let's get real, here!