Bioelectronics Corp (BIEL)

[art2426]

>>>Stick to the financials.<<<

LOL, thank you I will. Because they are the most important reason that all stockholders who are holding long and strong, are sitting at the lowest of their investment history. Yes. all the cheerleaders that feebly mocked all the negative posters that point out the dire state financially, this company is in. All that cheerleading and mocking that makes for quite the entertainment. In case you missed the financials and/or incapable of understanding them, here are some facts for you to ponder:

-The company has reported another year of NET LOSS. That is continuing the streak of NEVER showing a profit in the over twenty years in existence.

-The 'cash on hand' was $6,871.

-Assets were $170,320, while liabilities were $16,135,330. What is that laughable ratio? (you see, assets are what you 'own' and liabilities' are what you 'owe'). OUCH!

-Note/loans total over $12,000,000. ALL have matures but unable to be paid off (see 'cash on hand' of $6871). OUCH!

-Many of those note/loans that are family, convert to 50% discounted priced common stock.

-There is 24,705,066,971 (that's BILLIONS) of outstanding shares with 25,000,000,000 authorized. So those conversions will need more shares authorized. OUCH!

-Due to never showing a profit, they have an 'accumulated deficit' of $39,300,441. OUCH!

Thank you for providing me the opportunity to post these numbers again, here on this message board. They are a 'LITTLE' concerning, aren't they?