Replies to post #19357 on Bioelectronics Corp (BIEL)

[imrichbeotch]

Simpsonly,

That's got to be the best response I have read on this board in a long time. Thanks and keep posting

[fuente]

(1)is it a question of fees to the FDA remaining unpaid?,

No, the fees are paid up front when then application is submitted.

(2) was someone at BIEL abrasive with someone at the FDA?

I doubt it, as FDA will only ask for information when they need it. It's also not practice for FDA to 'delay' based on anxious company representatives. This isn't a waiter spitting in your food because you're rude to him.

(3) is the absence of a ruling necessarily negative? If the answers to these last 3 are all a no, then aren't we okay and we just need to be patient?

No it is not, and coupled with the obvioius dilution, it can be looked at as no ruling has yet to be made....because if it was, then BIEL would be in blantant and obvious violation of SEC rules by trading on material information without making it public.

Good points. Good luck.