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chsmoke

04/26/24 1:17 PM

#328779 RE: Threepointer #328777

hey threep.
there isn't anybody who posts about Biel who isn't sad. including me.
the pps now trades between .0001 and .0002.
the CEO has been m.i.a. for years now.
the company is sustained by a Dr. Staelin, who for impenetrable reasons is willing to loan biel
significant amounts of his own money.
the share structure poses an insurmountable obstacle.
the products haven't gained traction in twenty years.
there are massive debts, warrants galore, tens of billions of discounted shares possessed by the whelans,
who from the outset until now, manage to stay under the sec's radar, though they have managed the
company like a family-owned business, not a publicly traded company.
there is so much more to say against Biel, but again, because human nature can be an impenetrable mystery,
a couple dozen longs hang in and argue the pros and cons of this non-entity.
it could literally file chapter 11 any minute, hour, day...
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art2426

04/26/24 1:18 PM

#328780 RE: Threepointer #328777

>>>It’s a special kind of special when one continues to provide negative information that we are all aware of.<<<


The information I provide comes from the financials that the company posts (when they feel like posting them). Some may not understand them, so I try to point out the numbers and what they mean and why they are a major reason why this is trading where it is. The ones that are trying to convince ANYONE that this is a good investment or tries to ignore those numbers needs to understand financials. The fact that this leadership has now (it seems) decided to stop reporting quarterly anymore only reinforces their lack of stockholder compassion. Having to wait a whole year to see the financials and evaluate the company as an investment, has to be nothing but concerning to the stockholders, ---- as the stock price reflects. It (financial statements) is and always will be the main source for company evaluation for ones investment. One can assume, THAT is the reason for the CEO's decision for such (ie. they are that bad?)