Bioelectronics Corp (BIEL)

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Yep seven-up, Lenders are first in line to recover their investment

EXIM Bank is first in line among the lenders as they required rights to the patents as a condition for the last loan extension.

Shareholders are the last ones to recover anything from BIEL.

Has anyone ever received anything other than pocket change from a Class Action Lawsuit? Especially true of Action against a Penny Stock.


The only way shareholders and lenders, other than EXIM, make money is if BIEL becomes solvent.