Bioelectronics Corp (BIEL)

[4toSchool]

CORRECTION!!!!

Moneylenders HAVE already taken over BIEL.....!!!! BIEL's #1 Lender, Kelly Whelan is now running the show, and it is quite the show.

Namely IBEX (a.k.a. Kelly ”ill-gotten gain” Whelan, the self-appointed President/CEO/Treasurer, Executive Board Member), and St. Johns, (a limited liability company, which is owned by family members of the President of the Company. Robert Whelan and Janel Zaluski, the son and daughter of Andy Whelan, Mary Whelan, the sister of Andy Whelan).

The "Family" has taken over the company by violating the Corporate By-Laws and self-appointing to the Board of Directors and management of the company. Filling roles such as Chairman of the Board, Executive Board Member, President, CEO, Treasurer.

WHERE DID IBEX GET THE VAST MAJORITY OF ITS MONEY?

From BIEL investors buying up shares of BIEL that IBEX received from BIEL at a huge discount. IBEX gives $1 to BIEL, BIEL gives $1.50 worth of BIEL stock back to IBEX, IBEX sells to investors like us. Rinse and Repeat until Kelly "ill-gotten gain" Whelan pockets millions of dollars.

THE FAMILY REFUSES TO DISCLOSE THE NUMBER OF SHARES THAT THEY OWN, YET THEY TOOK OVER BIEL. WHY WOULDN'T THEY DISCLOSE? WHAT ARE THEY HIDING? COULD IT BE THAT THEYDON'T OWN A MAJORITY OF THE OS? COULD BE.............This point would go silent if they just disclosed their holdings, which is a normal disclosure for companies to file.

We know that Keith has 100 million shares, which I hope makes him very wealthy. Why don't we know what Kelly "ill-gotten gains" Whelan holds?

IMO, we need a few more "Keith Nalepka" on the board and a few less Whelans. This company could rock!!!!!!