Replies to post #311681 on Bioelectronics Corp (BIEL)

[toohot]

And the truth shall set you free! Finally, a trusted source. Thank you, JGD!!!

Attorney Letter (only required if not providing audited financials): If financial statements are not audited by a PCAOB registered firm, companies must retain U.S. counsel to review their disclosure and provide a letter to OTC Markets Group with respect to adequate current information by providing the following:
Attorney Letter Agreement: The attorney must submit a signed Attorney Letter Agreement according to the Attorney Letter Agreement Instructions. The attorney is required to submit an Attorney Letter Agreement for each company that engages the attorney for the purpose of providing this Letter.

Attorney Letter: After a qualified attorney reviews the Disclosure Statement, upload the “Attorney Letter With Respect to Current Information” in accordance with the Attorney Letter Guidelines through OTCIQ. Attorney Letters must reference all required reports as set forth in Section 2 above.

BUY $BIEL$

[JNdouble1]

...and your point is?

We all agree that an attorney letter is required. It is due 90 days after the annual report is due (at the latest), can be earlier.

The point once again, is that requiring an attorney letter is not a reason to be late with the annual report.

That same info was posted hours ago...sheesh

[GetSeriousOK]

Yes, the bullshit is thick, but we can wade through it to reach... UNDERSTANDING.

BIEL has NEVER filed the Attorney Letter on the same day as the Annual Report and Disclosure Statement. The Attorney Letter therefore cannot hold up BIEL's Annual Report.

So there's no reason to talk about the Attorney Letter, which, by the way, doesn't get filed until the following happens:

* BIEL files the Disclosure Statement and Annual Report.
* The Attorney reviews those FILED reports.

The Attorney THEN writes his Attorney Letter, and BIEL files it, usually 2-3 weeks after the Annual Report is filed.

Kelly is not talking about the Attorney Letter in her excuse to file late. Her excuse is that because of OTC reporting changes, she needs an Attorney to review something BEFORE she files the Annual Report.

Which is bullshit, IMO. But no matter. She can't change the numbers now. They are what they are. Chuck 'em out on the floor, KellBear, and jump back.