Apologies. . . . typo... should be $.0045, as posted many times
There is another wind change speakhim . . . see 217768 . . .
"We are in roughly the same camp. I don't "think" there are deals on the table, I am convinced something is up, as I detect an almost imperceptible change in the winds of communication coming out of BIEL, in source, quantity and tenor. The wind change is there!
That leaves, in order of priority, the critical toxicity in the pain space of the Former/current CEO name, the outrageous share structure and the management bungle on the CE Mark. The CE Mark is an operational issue and will get done and I assume everyone is accepting of the fact that there is zero business with B. Braun to be concerned about and that it never launched. So, the company is left struggling against the negative forces of the name toxicity - you don't have to do much DD to see that.
The share structure is equally critical, but the current CEO can't seem to grasp that the Whelan family controlling 35 billion shares at .0008 has the same value as 7 billion at .0045 and by disappearing 28 billion shares will enable the sp to run farther and faster once deals are announced. And a CPA to boot. So, it's either hiding something, narcissism, a defiance disorder, stupid greed or some other issue best not raised here. No one is that dumb, there must be a reason, who would deliberately do that to themselves?"
217899 . . . "If she could 'get' that 35 billion shares @ $ .0009 is worth $31.5 Million and so are 7 billion shares @ $.0045, that would be a good thing. And, IF, the likelihood of the sp running into the realm of 5 cents is increased if the OS are 35 Billion instead of the current 62 billion with all notes redeemed, that would also be a good thing. So by 'disappearing 28 billion of the Whelan 35 Billion, there is an increase in the potential!
Removing the name toxicity is much simpler, just google BioElectronics for the evidence of that. Major focus of any turnaround is to determine what red flags there may be and remove them ASAP. These are the major red flags and both are easy to eradicate. That would be astute management and proof that prior DNA does not necessarily dictate current management actions. How refreshing that would be for shareholders and liberating for her! As I said, it's not all her fault, at all, she was a victim too. Highly complex and highly sensitive, but the truth!"
Hmmmm - she had better implement resolutions for the toxic name and outrageous share issues BEFORE any “announcement”, so all shareholders, mostly the Whelans, can benefit from the incredible upside potential if the issues are managed properly, compared to a mediocre rise, if they are not.
