Replies to post #224842 on Bioelectronics Corp (BIEL)

[HORUS]

Lol nothing coming td.

[Simpsonly]

I suggest we respect the rights of every Corporation NOT to disclose any information whatsoever, that would in any way endanger the security of a business position and therefor the net equity of shareholders.

No question in my mind that Maryland and the SEC will respect those rights, especially during a pandemic that has essentially shut down the free world.

Further, on the side of reality, opioid issues have increased, pain sufferers need and deserve a break and there is no better time to help folks than now, by telling them about ActiPatch. So, the current CEO needs to be proactive, just once in the bizarre history of this company, to do the right thing, and to get out of the toilet.

Nothing stopping her from two management fixes, the BoD and the corrupt share structure. The Whelan family must relinquish at least 28 Billion shares of what the SEC labeled "ill-gotten" gains. That would leave them with >8 Billion shares and position BIEL to run longer and stronger, with more sp sustainability, when a deal is announced.

She can be a hero with those 2 simple fixes and be wealthier long-term, or remain in the toilet. Not hard decisions for a CEO with any degree of competence.

[srinsocal]

Don't hold your breath waiting for the SEC to investigate BIEL again

The last investigation was only possible because a contractor hired by BIEL, one Drew Walker who represented himself as an attorney but was only an accountant, thought that BIEL had not properly compensated him for his legal work when he was not a Licensed Attorney. The SEC ignored the fraud of Mr. Walker and believed the story he told about BIEL.

How did that decision work out for the SEC?

The investigation took 3 years, the initial $2.6 million monetary Judgement was reduced by 92% to $192k in a Settlement, the lifetime Penny Stock Ban for KW was reduced to 1 year in a Settlement, and the SEC lost money on the prosecution.

* BIEL is not a 'Fully Reporting' company, therefor its requirements for Material Events are to advise shareholders/public in their Quarterly Reports