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Tuesday, 05/15/2012 3:08:27 PM

Tuesday, May 15, 2012 3:08:27 PM

Post# of 330596
Restricted stock sales...
This is a great board with many terrific thoughts. So glad I'm done with Yahoo boards.

I feel our next to largest issue besides the pending FDA approval is the lack of ability to purchase BIEL at major firms.
Just for disclosure purposes I own 2M shares split between BOA/ Merrill Lynch and ZECCO.
Both firms used to allow trading of BIEL but will not allow any more purchases...I would have easily loaded up with another 1-2M shares. I couldn't even transfer my BIEL shares to another firm.
I opened an ETrade account for the sole purpose of buying BIEL and as soon as it opened they said NOOO you can't just buy penny stocks...need to have a certain balance, etc...
This is a major stumbling block for all of us and not sure what can be done.

Any ideas guys?

Cheers