"We have been told, for the last 4 months, ActiPatch/BIEL good, AW bad, get rid of AW and BIEL can be successful."
Fact is, AW was bad, (not going to go through the list again, you can check old post for that!). Get rid of AW and have a plan for succession, and then BIEL will be successful, 1st step is done, the 2nd is a wait and see, because AW did not put one in place!
And it's been a lot longer than 4 months!
"the mantra has changed to, "bankruptcy any day now"."
This is always the mantra for a company that has no cash, and relies on debt financing and dilution to fund operations, this is nothing new at all!