Replies to post #20289 on Bioelectronics Corp (BIEL)

[Supernova12]

I agree. Also, I would like to know how much of Greenwood's funds have been used so far and in exchange for what- shares?

[fuente]

Good points UK. Guess we'll just have to wait and see.

[Supernova12]

I just visited Greenwood Group's website: www.greenwoodg.com and I guess you have to login to find out who even works there because not even Patrick O'Leary (president) or Elizabeth Greenwood (CEO) are mentioned in any of their tabs of info, nor is anyone else for that matter, nor do they tell you how long it took for them to help "build" businesses like Bioelectronics. Here we are in the so-called "Information Age" yet couldn't be left more in the "dark."

[kidnova]

As for funds for advertizing - we will never know what they actually got from say the print campaigns in the UK but they would now be self funding as costs are low (materials have been produced remember this is just cost of running an ad) and there was supposedly generated demand - especially for Allay monthly contract.

No reasons have been given for ceasing these, and I guess for one round rip fare to Europe Andy could actually have got the message out to more end users -- spending money on distributors who do not promote is a waste.

I think the reason these campaigns were abandoned should be pretty explanatory - they simply didn't generate enough revenue to warrant the expense. If they had been as successful as originally indicated they would still be running, IMO.