Bioelectronics Corp (BIEL)

[art2426]

NOTES!!!

Thank you for reminding me of the convertible notes coming due at this time (not toxic in your sense)! It would be so much of an advantage for the holders of notes to have them convert to common shares at the lowest possible price, similar to how we would like to buy our shares on the open market. We are talking about a substantial ($$) amount of common shares transferring into the accounts of these holders of notes. Lower purchase price (conversion price) equals higher profit when selling. This could be a serious incentive to hold down price at this time for those note holders. Doesn't take much to control the price at this low volume we are seeing lately. Note holders are not small individual investors. They are usually entities with deep pockets with power to do such. They DON'T lose. They would NEVER originally purchased such notes as they did, if they were not certain of making some serious money after conversion. Let them do their their 'thing' and in the meantime, I am playing along with them and buying (adding) shares, for when I expect them to 'let the price go' after all converted.

Toxic??? Naaaah, only in the sense of more outstanding shares due to conversion.