Replies to post #273818 on Bioelectronics Corp (BIEL)

[TAZZER]

Deferred is an order that hasn’t shipped yet.

So those deferred are likely Mundipharma 4th Qtr 2020 and SAI partners 1st Qtr 2021. With the virus it is easy to cancel orders with no repercussions.

The difference this Qtr deferred is they actually were paid in advance by KT so you see they have 405K cash on hand. CEO confirmed that on FB.

[uksausage]

check the prepaid inventory instead. more realistic indication of ending shipments (revenues)

[ddls]

Total liabilities $15,906,064

https://backend.otcmarkets.com/otcapi/company/financial-report/296425/content

Declining Sales Cheers!