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Re: GoldenBull post# 30108

Thursday, 05/16/2013 8:52:15 AM

Thursday, May 16, 2013 8:52:15 AM

Post# of 330631
If/when they execute a reverse split will be dependent on how the PPS reacts to events over the next few months. If dilution and FDA events force the PPS down to a level that BIEL cannot effectively fund operations through the issuance of shares then they will have no choice but to conduct a reverse split. On the other hand, if FDA news is favorable the and PPS climbs then there will be no reason to conduct one in the near term.