Replies to post #76540 on Bioelectronics Corp (BIEL)

[Steve43]

Key pertinent words, "probably", "interpreted" and "assume" none have a definite all speculative and worthless to arriving at a conclusion. Have a nice day. Wow a decision on a "request" , so what ?

[uksausage]

those words have nothing to do with BIEL but the accountant who is I believe in similar trouble with other stocks - and raises the question about why the SEC has taken so long to flag him.

BIEL's motion was GRANTED IN PART and the Agenbcay asked to "Therefore,
the Division shall identify, in the form of a spreadsheet, if appropriate, each transaction it believes supports its Section 5 claims by the date of the transaction and the buyer and seller"

then consider this statement and tell me how this isn't a kangaroo court:
"respondents are not entitled to a disclosure in the OIP of what
evidence the Division intends to rely on at the hearing."

BIELS attorneys are specialists in this type of process and will get the whole case thrown out for lack of due process according to the United States Constitution.

Many people are questioning the fundamental existence of these administrative processes. The SEC will be looking for a "get out as quickly as we can looking like we achieved something" which hopefully BIEL will offer. They certainly will not want a formal hearing.

[Simpsonly]

OMG!!!!
I feel so sympathetic for the misguided content of that post a d the erroneous assumptions made therefrom.

"motion-is-DENIED-AS-MOOT,request-is-therefore-DENIED
These are not allegations, these are court decisions

Probably similar to how the FDA has responded in the past.

On the street can be interpreted as the Judge telling the accused: "Get Real you clown"

Assume this reflects on the caliber of legal counsel involved.

Should never have presented the request if Judge had chance to deliver a decision as insightful as "DENIED AS MOOT"

In fact, and this is a one-time-only-opportunity, "moot", in the context of its usage, is define as:

2. of little or no practical value or meaning; purely academic.
3. Chiefly Law. not actual; theoretical; hypothetical.

In layman's language? Nothing in this matter turns on the submission being considered, so it is therefor deemed as moot. In street language? It's neither here nor there, fuggedaboutit !