Replies to post #351536 on Bioelectronics Corp (BIEL)

[misanthrope]

Money issue?? Why do you think most BIEL shareholder's bought BIEL shares?? To make money!! Why is it too hard to show quarterly Sales & expenses? The reporting can B un-audited (at least shareholder's would have an idea of where the Corporation stands FINANCIALLY),

Bobby - unless I am mistaken, the company reports (quarterly when BIEL filed them, and now annually), were/are already unaudited.

Again, ask yourself - should Kelly spend what money she has removing the LIMITED sticker, OR paying: delinquent payroll taxes, an SEC fine, and notes payable? My preference would be the last three, and not the first one. We already know the financial shape of the company - it's awful. You can get reminded of that every quarter or reminded of it annually. Everyone buying shares already knows the financial status of BIEL - we are ignoring it and buying shares anyway.

With very limited funds you pick your battles - and removing LIMITED isn't the one I would choose. In 2024 BIEL fell a tad shy of half a million in sales. Let's call it $125,000 per quarter then. I don't think that will make potential investors feel much better. I am betting (ok, gambling) that Electrome will be successful and that BIEL's numbers will improve, driving the share price higher. That's it - that is the entire play. At some point I will either make enough money on my spend to sell and move on, or the gamble won't pay off and I will end up even (hopefully not worse). Neither LIMITED nor the financial status of the company had anything to do with the decision to get back in and buy shares.