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Re: Simpsonly post# 224053

Friday, 04/24/2020 2:35:05 PM

Friday, April 24, 2020 2:35:05 PM

Post# of 352675
LOL, Two Weeks and all BIEL's Problems would be Gone

<<<<<<<<if I had my hands on the throttle of BIEL for two weeks>>>>>>>>

It has been recently stated that BIEL already has "one major deal already in place", "may be 2 or 3 deals done or nearing completion".

So it sounds like KW, KN, and Erin are doing a great job.

Has anyone thought out the precise demand that the Convertible Debt rights to 28 billion shares be given up out of the estimated 35 billion shares owed to IBEX/St Johns leaving 7 billion left for the Whelans?

It would seem that getting Convertible Debt holders to maybe surrender half of the debt owed to them would be a major achievement but 80% is what the Money Lender Group are demanding.

I wouldn't be surprised if the MLG has lined up 7.5 billion in shares to support their taking control of BIEL. The Whelans give up 80% of their shares and looky there, the MLG has control of BIEL.

KW has stated no share surrender and BIEL has Deals Done for the turnaround.
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