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Posted On: 05/02/2025 12:04:07 PM
Post# of 8273
The financials are out in the link below. You can read the numbers. The one thing that caught my eye is on pg. 13, Raw materials. There is $0.00 for both 2023 & 2024. I checked other years from the bielcorp.com website. 2021 is $0.00, 2020 is $134,244 and 2019 is $83789, 2018 is $198,571, 2017 is $253,439, 2016 - pdf wouldn’t load, 2015 is $361,868, 2014 is $258,781. I got the 2022 numbers for Raw Materials from https://www.otcmarkets.com/file/company/finan...38/content, $2,260.
https://www.otcmarkets.com/file/company/financial-report/461038/content
2024 - $ 0.00
2023 - $ 0.00
2022 - $ 2,260.00
2021 - $ 0.00
2020 - $ 134,244
2019 - $ 83,789
2018 - $ 198,571
2017 - $ 253,439
2016 - unavailable, pdf wouldn’t load.
2015 - $ 361,868
2014 - $ 258,781
Over the past 4 years they have spent a total of less than $3,000 for Raw Materials. BIEL, given a near complete absence of press releases or any news of any kind has left only guesswork and the odd tidbit of pieced together info that leaves more questions than answers. From 2020 to 2014 the least amount spent was $83,000 assuming 2016 was comparable. Then starting in 2021 it fell off a cliff, to either $0.00 or less than 1.5% of 2020.
What accounts for this?? Has BIEL suddenly either forgot (??) to buy some or have decided to give up altogether or is something else in play?? CEO Whelan has stated very clearly there is ‘a deal’ in place and that she cannot say anymore. Recently, Dr. See Koneru has joined the BOD. The geopolitical situation vis-a-vis China is volatile, to say the least. I have to leave it there b/c I don’t know what else to say. All evidence to the contrary, LOLOL …
"Sic parvis magna" - Greatness from small beginnings
All the best, WBeacham
https://www.otcmarkets.com/file/company/financial-report/461038/content
2024 - $ 0.00
2023 - $ 0.00
2022 - $ 2,260.00
2021 - $ 0.00
2020 - $ 134,244
2019 - $ 83,789
2018 - $ 198,571
2017 - $ 253,439
2016 - unavailable, pdf wouldn’t load.
2015 - $ 361,868
2014 - $ 258,781
Over the past 4 years they have spent a total of less than $3,000 for Raw Materials. BIEL, given a near complete absence of press releases or any news of any kind has left only guesswork and the odd tidbit of pieced together info that leaves more questions than answers. From 2020 to 2014 the least amount spent was $83,000 assuming 2016 was comparable. Then starting in 2021 it fell off a cliff, to either $0.00 or less than 1.5% of 2020.
What accounts for this?? Has BIEL suddenly either forgot (??) to buy some or have decided to give up altogether or is something else in play?? CEO Whelan has stated very clearly there is ‘a deal’ in place and that she cannot say anymore. Recently, Dr. See Koneru has joined the BOD. The geopolitical situation vis-a-vis China is volatile, to say the least. I have to leave it there b/c I don’t know what else to say. All evidence to the contrary, LOLOL …
Quote:
THESE are the times that try men’s souls. The summer soldier and the sunshine patriot will, in this crisis, shrink from the service of their country; but he that stands it now, deserves the love and thanks of man and woman.
"Sic parvis magna" - Greatness from small beginnings
All the best, WBeacham
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