"CE will start the ball rolling!!"
I respectfully suggest the CE Mark is totally insignificant and starts nothing. Sort of like advising shareholders in an email, "look at us, we're getting ready to prepare an order of 15,000 ActiPatches for mundipharma Singapore". What? Just fill the order and ship it and don't waste time talking crap! Certainly nothing to brag about.
Get busy, do what needs to be done in the U.S. to turn the BIEL disaster around, make deals and create profits and wealth for all shareholders.
The Whelan family, IBEX amassed 35 billion shares of 60 billion through the loan, Promissory Note, 50% bonus shares and 8% interest scheme. Perfectly legal! Kelly Whelan testified under oath before the SEC that during one period, was it a year(?) she made a few million. Now, she has huge financial exposure to complete failure or magical success by righting the incredible errors in judgment and blatant wrongs of the past. No one gets barred from dealing in penny stock shares because they did the right thing by shareholders. She has the opportunity to do what's right and prove she is not part of the past chicanery. And, everyone's watching.
First, surrender, cancel, burn 28 billion of the 35 billion or so shares, of the total 60 billion, received through the revolver bonus scheme. Never mind what's legal or whether it had to be done - do it because it's smart and repairs a reputation and a toxic family name.
Next, appoint an Interim CEO, propose a slate of 5 or 7 Director candidates for a new BoD, call a Shareholder meeting and elect and appoint a BoD! What a plan!
Simultaneously, make sure that the Whelan name does not appear anywhere for a year or two; until the toxicity ebbs and respect is earned. Benefit if the doubt should be kindly applied that the previous iron-fisted toxic circumstances were a one-off anomaly, ok; that's fair, but don't ever let that destructive style exist again. Everyone paid a price.
Again, forget the CE Mark for now, so insignificant! Cancel 28 billion shares of Whelan stock (the remaining 7 billion should be enough to make them >$100 million), appoint Interim CEO, slate for BoD, shareholder meeting, turn Keith Nalepka loose to make CEO approved U.S. deals....ASAP, or sooner - that should take the pps to 2-5 cents and Bam a real company. Retailers wanted to do deals and were screwed, so make deals and treat others well, that's the life lesson! Otherwise, continue to manipulate others for only personal gain and ego, stay in the pps toilet at .0006 and go broke!
