Replies to post #227850 on Bioelectronics Corp (BIEL)

[chonrm]

That’s an insult to Rookie CEOs, 4to...

She’s more like our share price, a toilet bowl floater.

[JustGoDeep]

Utter Nonsense, That Phrase Is Simply

Included As A Part Of A Synopsis Of The Original Case.

The "I'll Gotten Gains" Was Thrown Out!!

Case Was Settled For Petty Cash.

2016 Wants Their News Back!!

[JustGoDeep]

Perhaps Talk Of BK Will Get Market-Makers Shares!!

Yes The BK Angle!!

But, Burger King Is Not Going To Buy Biel!! LMAO

[srinsocal]

You left out Section II, page 2, where the SEC states that the settlement terms include no admission of guilt by BIEL.

BIEL offered the SEC less than 10% of the initial Judgement so that they could put this botched SEC case behind them. The SEC jumped on that offer.

"Respondents have submitted an Offer of Settlement (the “Offer”), which the Commission has determined to accept. Solely for the purpose of these proceedings and any other proceedings brought by or on behalf of the Commission, or to which the Commission is a party, and without admitting or denying the findings herein, except as to the Commission’s jurisdiction over them and the subject matter of these proceedings, which are admitted, and except as provided herein in Section V, Respondents consent to the entry of this Order Making Findings and Imposing Remedial Sanctions and a Cease-and Desist Order Pursuant to Section 8A of the Securities Act and Sections 15(b) and 21C of the Exchange Act (“Order”), as set forth below."

"Respondents and the Division recognize that, according to Lucia v. SEC, 138 S. Ct. 2044 (2018), Respondents are entitled to a “new hearing” before “another ALJ (or the Commission itself).” 138 S. Ct. at 2055. Respondents knowingly and voluntarily waive any claim or entitlement to such a new hearing before another ALJ or the Commission itself. Respondents also knowingly and voluntarily waive any and all challenges to the administrative proceedings or any and all orders that were issued during or at the conclusion of those proceedings, whether before the ALJ, the Commission, or any court, based upon any alleged or actual defect in the appointment of ALJ Cameron Elliot."


https://www.sec.gov/litigation/admin/2018/33-10594.pdf