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Re: Simpsonly post# 225384

Friday, 05/08/2020 12:12:20 PM

Friday, May 08, 2020 12:12:20 PM

Post# of 331631
>>>It's why the Whelans tossing 28+ billion of their 35+ billion shares in the garbage, burn 'em and cancel 'em, will position BIEL to run longer and stronger, with greater sustainability in SP when deals are announced.<<<


Holds much merit! New investors that research and see this ridiculous number of outstanding shares of stock will run for the hills. Brokerages won't touch this. And it will die on the PINK SHEETS.

Retiring of stock always has and always will be big news to the market and result in buying and higher stock price. I have seen it numerous times. Would be great if it happened and if KW would seriously think of how this could be an advantage for her and her family with all the shady accumulation of stock they own. Maybe they will put a pencil to how fewer shares owned at the increased stock price will be beneficial to them. She is a CPA isn't she? PUT a pencil to IT! But I will not be holding my breath for it to happen. In over 10 years following this saga, it seems like this would make way too much sense for this leadership to do that. Similar to starting the ball rolling in retail with CVS. GEEEEZ!

GREAT products - CRAP management!