>>>Dr. Staelin and the BIEL Team has gone from Quarterly Reporting to one Financial Report each Year to conserve financial resources and stay in business. This saves thousands of dollars each quarter in accounting expenses.<<<
They do not have a couple thousand bucks to report the financials quarterly to their loyal stockholders anymore? How is that not very concerning to the stockholders that a publicly traded company cannot afford to pay for those reports? Maybe they should dilute more stock so they can do so. What the heck, what's a few more shares outstanding when you are already in the laughable BILLIONS.
We have been hearing excuses of 'not enough money' for many company decisions and all are NOT very comforting, as a reason or excuse for the stockholders.
Not enough money to list on a higher exchange. Not enough money to advertise. Not enough money to put out official PR's to the public. Not enough money to keep a sales rep (?). NOW not enough money to report financials quarterly! WOW! ---- All very concerning and very much the reasons this is trading at this laughable low triple zero stock price.
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