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Tuesday, June 09, 2020 3:26:44 PM
All she must do is have the BIEL Team create a new, larger, stronger Board of Directors, disgorge about 28 billion potential shares controlled by IBEX through convertible loans and Promissory Notes, schemed by the former CEO and make deals. If she only makes deals, the Whelan family and all shareholders will do quite well. If she does all three, the Whelan family and all shareholders will do off-the-charts extremely well.
By reducing the potential shares of BIEL to approx. 62 billion to approx 34 Billion, the company becomes more attractive to investors, less burdened, more nimble and will rise higher and longer in sp with greater sustainability. Not such a hard concept.
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