Replies to post #316574 on Bioelectronics Corp (BIEL)

[bobby1151]

Wonderful post - BUT isn't it the JOB of the board of directors to INCREASE shareholder share value??? What am I missing, shareholder stock price???????

[art2426]

>>>Dr Staelin's field is 'Marketing Science'. He knows BIEL and its products very well.<<<

That's hysterical -- and this company can't market the products to produce sales. Maybe he should offer some of that brilliant knowledge on a daily basis to these people and see if they can sell some product. He probably has and they still cannot sell.

Marketing science and this company is failing in sales, LOL. You cannot make this stuff up!

[art2426]

>>>He invested $268k in new Interest Only Loans to BIEL in Q4 2022 after the low revenue of Q3.
He invested $75k in new Interest Only Loans to BIEL in Q1 2023 after the low revenue of Q4 2022.<<<


Key words: "LOW REVENUE", how exactly is that a positive for the stockholders, ie needing loans to survive? AND I wonder how happy he is now after making those loans after seeing the recent sales numbers. SAD, I feel for his pain.

Keep'em coming, this is fun! .0005

[art2426]

>>>I will go with the Opinion of the guy who has a doctoral degree in Marketing Science and is placing his own money behind that opinion every Quarter.<<<


I have found out in life experiences MANY times that there is a big difference between 'school smart' and 'street smart'. LOL!

[art2426]

>>>He developed the UK Social Media Campaign that brought BIEL its highest annual revenue, $2.33 million in 2015.<<<


What the heck happened after that? I'll tell you, UK failed. As far as "its highest revenue sales", yeah its been downhill fast. Have you seen the recent sales?

[art2426]

>>>IMO, the truth is that the only path for any of the large lenders to get their Loans repaid is BIEL becoming profitable.<<<

That's what the loaners are praying for! But THAT is NOT a guarantee and they wouldn't be the first to make a bad loan.

[art2426]

>>>In your Opinion, Dr Staelin, a well respected educator teaching at Duke University and Carnegie-Mellon University for over 50 years, who has been associated with BIEL since 2005, is ignoring his responsibilities as 'Chairman of the Board' at BIEL and making decisions based on protecting his "personal investment".<<<

I do not live in a dream world where everyone does what they are SUPPOSED to do! C'mon, gimme a break, he is watching out for himself first. Just like everyone else.

[Simpsonly]

Great post!
I have spoken with Dr. Staelin numerous times. He reminds me that nice guys are positive and do not finish last. They finish as nice guys. He put his money in and has been totally dignified, all these years.
And thank you for your usual positive approach srin. . . .

[ddls]

What a crock of worthless biel spillage. If this company in 20 years hasn't become profitable they never will. Someone over there at BIEL is living in a dreamworld.

This company is a total waste of time and money as an investment.