Bioelectronics Corp (BIEL)

[4toSchool]

I agree, and furthermore it is shareholders that have bought up nearly 25 billion shares that have not only kept BIEL alive but created more than $10,000,000 in assets for the Whelan family to enjoy.

Per the most recent disclosures:

Patricia Whelan owns: 350 million shares
Kelly Whelan owns: 37.3 million shares.

These shares represent less than 2% of the company.

Based on their BIEL investments, it seems crystal clear that the Whelan's see aggregating assets, like $10 million in notes, is a much better investment for them than investing in BIEL shares.