Bioelectronics Corp (BIEL)

[art2426]

>>>Seems you are unable to do some simple DD.<<<


You mean 'simple' like researching the financial statements that the 'true longs' refuse to talk about. The annual ones now, because it appears that the CEO decided to stop posting the numbers quarterly from now on. But on the bright side of that is, the pumpers only have to do THAT DD once a year, because this CEO has now decided to only report annually. Yep, ONLY when the company is required to report. That seems to be 'pretty 'simple DD' ----- ya think?

But for some that don't understand assets/liabilities (balance sheets), along with sales/expenses (income statements) and don't know what is 'good' and what is 'bad', go find an accounting 101 student and guaranteed, they will tell you how UGLY the numbers ARE! Here's just a taste from the 2023 annuals : assets: $170,372 / liabilities:$16,135,233. What is that ratio? Looks to me like assets are a measly 1% of liabilities. That is NOT CONCERNING? That would be very concerning to that accounting 101 student and should be, also to the pumpers.

That is more than enough of DD for me --- and I guess for the 'market' which values this at .0001/.0002 --------- ya think????

How is this talking to 'true longs" NOT fun?
Yours truly, Mr. FUN GUY --- LOL


Does anyone read the financials?