Bioelectronics Corp (BIEL)

[Det_Robert_Thorne]

Nearly 62.4B shares at full dilution

There are 21.6B Outstanding Shares, and the IBEX and ORP (Other Related Party) notes add 20.6B and 19.5B shares respectively, for a total of 61.7B shares. A new category of convertible shares, External Convertible Debt, is now in the reports, and it will add another 701.2M shares, for a Grand Total of 62.4B shares.

And remember, as I showed in a post from November, 2018, those IBEX and ORP will likely be paid as shares in the event of a buyout.