Bioelectronics Corp (BIEL)

[kidnova]

1) Thanks.

2) I was simply pointing at that the recent dilution is more damaging to the PPS than the straight shares for cash transactions that were the norm last year. The dilution this year has primarily been caused by debt conversion, which results in significantly less money to fund operations. That being said, I have made it clear in the past that I think the Whelan family took advantage of the runs in 2009 and ensured their retirement. Andy's family is making money today on the conversion, but nothing like what happened back then. Are they taking lavish vacations and passing them off as business meetings? Probably not, but I don't know.

3) Your statement that the math doesn't compute is what led me to conclude you weren't familiar with a statement of cash flows. Analyzing financial statements is what I do for a living. Apologies if I offended you.