Bioelectronics Corp (BIEL)

[Supernova12]

I believe that Harv1947  already answered your question to Simpsonly on
Tuesday, April 17, 2012 5:15:30 PM
Re: Simpsonly post# 20922

Post #   of 20931 
   
A PPS of $1.00 would require a Revenue base of roughly $220 million and $500 million would generate a PPS of approximately $2.25 given a PE of 30 and profit after of of 30%

I'm not exactly sure how Harv arrived at those figures, but it looks like it would be well over $1.00 value, and more on a possible buyout from big pharma.

(Also, I verified for myself from Paul that there is no news to report right now, but he said that could change at anytime).