Question from my mailbox: Re: Some believe that
Post# of 8045

Re: Some believe that the OS is a huge problem - what say you?
The nearly 25 billion shares outstanding is large but not a problem and accounted for in the valuation (pps) - 25 billion shares @.0002 = $5 million is the same valuation as 1 million shares at $5/share.
BIEL has not diluted significantly in many years, and there is no indication it has started the complex process to do so in the future. BIEL has NEVER done a reverse split, which is VERY IMPRESSIVE!
The low pps is actually an advantage at this point, as it makes BIEL affordable to any investor (especially the Reddit crowd). If you have $1,400 to invest, would you rather own 7 million shares of BIEL or 1 share of O'Reilly Auto Parts? Apple will soon have billions more shares outstanding than BIEL (and nobody is concerned)!
Supply/Demand - the majority of the outstanding shares are in tight hands, so the pps will move up like a rocket after ignition, as the supply of available shares will be less than the demand (SQUEEZE!). Shareholders can help fuel the blast off by locking up their shares with "good until cancelled sell orders" (@$1) so their shares cannot be borrowed by the short sellers, thereby further reducing the supply.
BIEL is extremely close to becoming profitable (estimate about $1.6 million annual revenue or a $400k quarter should make them cash flow positive/profitable). They have a very low cost structure, so initial profits (the first $40 mil of which should be tax free) can be used to pay off the loans, and then for a stock buyback program, which would propel the pps much higher (pps > $1).

