Replies to post #248219 on Bioelectronics Corp (BIEL)

[SuperNova$]

The company has addressed the reverse split question in the past, said they will not do it until the company becomes profitable.

You can search member JustGoDeep to see an explanation of the share structure and how market cap is the only true way to value the company.

BIEL

[art2426]

>>>Nobody is addressing this concern.<<<


It has been addressed over and over again for the YEARS I have been here and invested, Color. IMO it is a reason for the stock price. Double zeros now and was trading in triple zeros for years. Seems like its always been the elephant in the room. And as JGD always says, 'figure market cap' with the outstanding shares when making an investment decision. Right now we feel it is definitely not overvalued. Also the CEO has said she will address that situation when we see profitability. IMO a very sound strategy. Accompany the news of a reverse stock split with the announcement of being profitable will lessen the sting of that reverse split.

If you have followed this for awhile, know that this is a new BIEL, NOT the old one. NOW, things are getting done.