Bioelectronics Corp (BIEL)

[hobbystock]

This was just a pump and dump.

Earlier today I questioned the "profit making part" of the company. As far as I know the facts are:

A) Products are already being sold outside US but they don't seem to generate lot of profit (see financial statements). What makes people believe that they generate profit inside US? Where is the proof?
B) Compare financials 2012 vs. 2013 The "Other General and Administrative Expenses" tripled!

Source: http://www.bielcorp.com/biel/wp-content/uploads/2012/05/OTC-Financials-BIEL-Sep-2013-14Nov2013.pdf

C) There are no market/revenue estimates provided by the company. Surely they should know those things. Or is it so that since the products are not selling outside US Company just hope they sell in the US?
D) What ever stock/options anybody has their value is "zero". This PPS must go to 0.1 before most people are getting their investment back. Note: this not include people who just jumped this train.

I don't know the science behind the products so I'm going to assume it is solid and they are good products. But if they are not selling outside US (+ other things I found) then why should I invest?

If you disagree with me please shed some light into the issues I raised. Lets do some DD together!