Replies to post #109250 on Bioelectronics Corp (BIEL)

[DewmBoom]

No it is not. They are in the business of making money and making cash flow available for additional lending.
That is their business. So, they give you 50,000 and they sell it for a 100,000 after taking a 6-months risk. After six month, they have a 100,000 to lend and take it to a 200,000 six months later.

As for Biel, every investor knows that they disclose the OS and not the float. But, the CEO did mention in the radio interview they are close.

What I stated above is a simple public information because Biel is an open book.