Replies to post #328874 on Bioelectronics Corp (BIEL)

[Lifetime]

That is a loan. And that is pathetic if you think this a good thing.

[Maybe1]

This thing will blow a gasket like there is no tomorrow
Don't listen to decrepit clowns they don't matter.
GO BIEL!!

[art2426]

>>>You are forgetting the Pockets of RS.
Lots of cash on hand.<<<


If RS refers to Richard Staelin, you're kidding right? How much more money than the over $5,000,000 he loaned, will he keep loaning. Everyone has a breaking point but you think he does not and he will forever keep funding? AGAIN, at some point this company has to show sales that can and will support the ongoing operations and be able to pay back the over $12,000,000 in note/loans that they have 'on the books'. They are not even close to having that happen. SALES must improve drastically, as what they are doing now, does not even come close to doing that. First step before any of those paybacks can occur, is to show profitability and they have not accomplished that in over twenty years in existence.

Let's get real, here!

[GetSeriousOK]

I agree, the fact that the Chairman of the BOD keeps lending money to this company is a bullish sign.

True, he got that money dumping BIEL shares in the old conversion model, but he doesn't HAVE to lend that money back to the company. They COULD do one or more reverse splits do more dilution. I don't know why they haven't done a R/S yet since Andy's death -- Andy had some strange aversion to a R/S but Staelin is savvy.

That's the big mystery, IMO. Why no R/S yet? 25 billion O/S is absurd for anything but a Shell scam and BIEL this is not a Shell scam. Funding the company with Staelin's small loans is not going to change much. Do a big R/S, do a private placement, hire some marketing person, and take a chance marketing the thing on the web.

This management simply has no vision and no ambition. Sitting around waiting for their OEM Partners to make them rich was a stupid idea.

Give a dozen ex-athletes a couple of ActiPatches for free, ask them to try it, then see if they'll pitch the thing. All the large ex-athletes have bad knees now. Especially football players. Pay Joe Montana to strap an Actipatch on each ailing knee. I remember some commercials years ago where he pitched some tennis shoes -- he'd pitch the ActiPatch, especially if it worked for him.

Probably can't talk Oprah into it. Pity.

I'm tired of pointing out all the negatives here. It's boring because nothing changes. I'm going to sit back trying to buy at .0001 (LOL me and rest of the 400-million BID at .0001) and maybe some day there will be a catalyst. Have a great summer.