Bioelectronics Corp (BIEL)

[uksausage]

the debt is held by the family who have not converted yet (most of it is 4 years old thanks to thw SEC).

they will have an option to sell for cash when the company is making money
, that is their declared strategy

so not too worried about the A/S being increased

Also should they do a R/S the restricted shares would be reduced by same factor or Andy isn't a Marine. The whole corporate behavior of BIEL is far from a typical OTC CEO finance machine/scam. This one has $2m turn over and millions of devices sold.