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Tuesday, May 15, 2012 4:10:59 PM
I also wrote to the company asking why they would not simply pay the money to move this little company to the NASDAQ OTC BB. I have felt that all the talk about audits and accounting firms going broke was just double-speak for cheap.
My brokers told me it may be a case of amateurs looking like amateurs instead of being concerned about presenting the highest possible professional image befitting a company applying for FDA approvals instead of someone operating out of their garage.
The major stockholders of the company, I assume the Whelan's, should mortgage the farm and move the company to a legit trading platform. My gut tells me that the stock is at a buck on the OTC Bulletin Board before approvals, but what do I know. I've only been a major stockholder in two so far. Wish I owned BIEL, I would pop 3 to 5 mill into this baby and we'd be on the way. Top legal firm, top FDA firm like FDARegs.com and Allan Green, who I mentioned a few days ago, and away we go like pros. This is not rocket science, it's PEMF! Been around a long time.
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