Bioelectronics Corp (BIEL)

[misanthrope]

EVERYONE ---- I repeat, EVERYONE who got that totally ridiculous stockholder DESTROYING deal should return those shares.

Oh, really? Very easy to be free with other people's money, isn't it? Should they be compensated in some way for the return of those shares, or just donate them without recompense?

Whether one likes or dislikes the fact that AW was willing to take money from anyone at any time to fund his dilution machine, the fact remains that lenders wrote checks to BIEL in return for interest payments and shares. Furthermore, those lenders took fairly significant risks to do so, and continue to hold shares that carry little current value exclusively due to poor management decisions. To say they should now simply return those shares is absolutely specious, and again, very generous with other people's money!

This would NEVER be allowed to happen in any other respectable publicly traded company.

That's just it though - BIEL isn't another respectable publicly traded company - it's a pink sheet stock!!

I do not want to hear -- "this is not an unusual deal" -- that is TOTAL BS!.

That's unfortunate, because it's a fact that these deals happen routinely in the pinks, and one shouldn't have expected anything different with BIEL. If it isn't IBEX, or some other toxic lender, then it's shareholders who were willing to risk investing their own funds to generate what they hoped would be a lucrative payoff.

ALL should return and retire those 'gifted' shares.

Again, the lenders took significant personal risks to get these shares, they were hardly 'gifted'. Like it or not, welcome to the pinks. Investors have continued to purchase Andy's diluted shares for years on end now, with the PPS continuing to languish. Aren't these prices a 'gift' themselves, as we read here consistently? Andy diluted and mismanaged to provide those wonderful buying opportunities which are so highly praised.......difficult to attack the money lenders considering dilution helped provide those low prices over which investors continue to enthuse.....