Bioelectronics Corp (BIEL)

[kidnova]

Well, I would make a couple of points.

1) We know for a fact that Andy and his family have owned a significant portion of BIEL's shares in the past. We have no way to confirm that remains true today since they are no longer SEC reporting and the financial statements do not state insider holdings.

2) How badly a reverse split would hurt the family would depend on how they modify the convertible debt currently held by the family.

That being said, I don't foresee a RS on the immediate horizon, but an increased AS is inevitable in my opinion.