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Re: srinsocal post# 228452

Monday, 06/15/2020 1:16:33 PM

Monday, June 15, 2020 1:16:33 PM

Post# of 330443

When BIEL closes a couple of OEM Deals and becomes a profitable company the SP rises to say 1 cent.

Bullshit. Bullshit bullshit BULLSHIT.

Every piece of news has been and will be hit with crushing selling pressure. Too many private shareholders own a billion shares and realize how difficult it will be to sell them. Getting the PPS to 1 cent without a R/S will take a VERY long time.

when BIEL is profitable a good portion of that debt will be repaid in cash.

Bullshit. Bullshit bullshit BULLSHIT.

KW can convert the loans at a 50% discount whenever she wants. Conversion and dumping will net IBEX significantly more money.

Both KW and PW are interested in making BIEL a thriving company.

Maybe, being "interested" in something and making it happen are two different things. KW is also interested in making money. Simply being "interested" in making BielCorp thrive is not enough of a reason to leave money on the table. We're talking MILLIONS OF DOLLARS.

IMO, KW took the vacated job of CEO and Staelin is now taking the vacated job of COB because it would cost time and money to find anyone else for either position. Appointing KW and RS to these positions was just the easiest and cheapest way forward, IMO. Where else would they find a CEO or COB?