Replies to post #208971 on Bioelectronics Corp (BIEL)

[Viking_50]

EXACTLY

[4toSchool]

Hi Srin,

I think that there might be confusion as to the motives of those that want better senior management in place at BIEL.

I, and many others like me, want to see BIEL reach its full potential. I am concerned that the facts set below will hinder BIEL from reaching its full potential. I am not concerned with the Whelan family reaching their full potential, nor am I for Kelly "ill-gotten gain" Whelan. I am concerned for every stockholder that BIEL reaches its full potential.

FACTS:

FACT #1. The SEC determined that Kelly Whelan is received ill-gotten gains

FACT #2. Kelly "ill-gotten gain" Whelan has no experience leading a company like BIEL

FACT #3. BIEL products work

FACT #4. BIEL has the potential to become a billion-dollar business

FACT #5. Kelly "ill-gotten gain" Whelan has no successful track record in building a billion-dollar enterprise

FACT #6. Kelly "ill-gotten gain" Whelan believes that BIEL is a family run business giving little consideration to the minority shareholders that have funded BIEL.

FACT #7. The Whelan family has been self-serving as concluded by the SEC.

Why do we trust a family that has been determined to be incompetent, self-serving? Kelly "ill-gotten gain" Whelan will never be able to restore market confidence in herself or in her family. She'd be better off, as would we all if she stepped down from management and installed a real proven leader that doesn't have all the baggage she carries with her.

Why wouldn't we want a leader, with proven capabilities to lead a billion-dollar company, one that can restore the confidence of investors and potential partners and clients?

[Miamifl]

I believe that is OUR FOCUS. Well said, this looking back over how many years does nothing, and we’re on the cusp of seeing a lot of millionaires who invested in BIEL

[Simpsonly]

Even more simple. Read post #208972 and look at some of the words used by the SEC in referring to the Whelans. Then use even simpler common sense to determine if shareholders were victims of a colossal scheme to deceive. 62 billion shares, no deals and the pps in the toilet is both the evidence and unacceptable. Not debatable.

Words like ill-gotten gains, $1.8 million in profits, references to a lack of veracity, absurd testimony, all while the rest of us languished in the toilet for a decade, disgorgement, fines, barment.

If the game could move on toward success through prudent management, instead of trying to bleach the Whelan former regime and past to lily white and squeaky clean, we will be further ahead. Can't make a silk purse out of a sow's ear!

There are serious corporate management steps to be carefully considered as described in post 208513. Those steps are a summary that evolved from discussions amongst numerous very bright people - quite a list when one reviews the names, and has very wide support that would surprise many.

Can't imagine anyone not wanting changes that will help all shareholders, mostly the Whelans, climb out of the toilet with a successful BIEL. Seems better for the Whelans to implement remedial steps proactively, than to have numerous shareholders formally complain and demand action by the SEC and have them use words like disgorge, etc., again.

Remember, the many years of incredibly costly charges, distractions and legal procedings with the SEC arose because of a complaint by an irate scoundrel accountant who misrepresented himself as a lawyer and Andy Whelan caught him and terminated him without paying him. How do I know? Andy Whelan told me the details over a number of years. I advised him to give the guy some money to go away. Another, "No". Cost of that "No"? Incalculable!