Pretty amazing to me that some shareholders, who have stayed with BIEL for years and years, are now considering selling 3 months after BIEL achieves its 20 year goal of Full Body FDA OTC Clearance.
And those 3 months were months that saw the worst global pandemic since the 1918 Spanish Flu. Businesses closed, Americans quarantined at home, April alone had 20 million jobs lost, for a historical reference the Great Recession had a total of 8.7 million jobs lost, 2007 - 2009.
I understand that everyone has their breaking point. Here is what keeps me invested in BIEL:
* KW has over $6 million in convertible debt, the only way she recovers that investment is if BIEL makes deals and generates revenue
* PW has over $3.3 million in convertible debt, 350 million shares of BIEL stock, over $160,000 in recent loans to BIEL with a 2021 maturity date, the only way she recovers those investments is if BIEL makes deals and generates revenue
* KN has 100 million shares of BIEL, shares he accepted in lieu of paychecks for his work at BIEL, at a SP of .0005 that is worth $50k, at .005 $500k
* Those running BIEL realize significant financial gains if BIEL is successful and the SP rises and suffer significant financial losses if BIEL fails
* The BOD has a fiduciary responsibility to the company and shareholders to act in the best interest of the company
* IBEX no longer holds the rights to BIEL's patents as collateral, those rights were given to EXIM Bank in 2018