Bioelectronics Corp (BIEL)

[kidnova]

BIEL was "dark" a couple years ago, but had never officially de-registered their shares. They believed they were exempt from filing, but Maryland Sercurities Commission disagreed and they reached a settlement in which BIEL "volutarily" filed their 10Ks and 10Qs from 2006 forward.

http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=7733871

I agree with some that say that this is primarily a result of not wanting to be straddled with the expenses required to be fully reporting. I believe this filing is to ensure they don't run into any issues with the MSC this time around. I also think this is another example of something that may be good for the company, but not for common shareholders.