Friday, May 01, 2020 12:56:23 PM
No question in my mind that Maryland and the SEC will respect those rights, especially during a pandemic that has essentially shut down the free world.
Further, on the side of reality, opioid issues have increased, pain sufferers need and deserve a break and there is no better time to help folks than now, by telling them about ActiPatch. So, the current CEO needs to be proactive, just once in the bizarre history of this company, to do the right thing, and to get out of the toilet.
Nothing stopping her from two management fixes, the BoD and the corrupt share structure. The Whelan family must relinquish at least 28 Billion shares of what the SEC labeled "ill-gotten" gains. That would leave them with >8 Billion shares and position BIEL to run longer and stronger, with more sp sustainability, when a deal is announced.
She can be a hero with those 2 simple fixes and be wealthier long-term, or remain in the toilet. Not hard decisions for a CEO with any degree of competence.
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