Bioelectronics Corp (BIEL)

[art2426]

Does 'Copilot' read financial statements?. Does Copilot understand the laughable numbers that were reported in the 2023 annuals? Did Copilot see that asset/liability ratio? Sorry, don't need Copilot to tell me or anyone that understands financials, that this company is in trouble. If the loaners dry up and 'throw in the towel', sales will have to keep the business going. And for the life of this company, THAT has never happened, as they have never shown a profit in any of the twenty years (plus) in business. No company can continue on forever with losing money every year.

They have had all note/loans mature and not paid back due to lack of funds. That amount due is not small change (over $12,000,000). Will the family continue to loan? This company cannot do even one million in sales and that is GROSS SALES, so I would have to assume that those that loaned money to this company are a bit concerned, as this company will have to become profitable before any of those loans get paid back---- don't ya think?