Bioelectronics Corp (BIEL)

[GetSeriousOK]

OK it's going to be an A/S increase then by Christmas.

Yay. I guess.

I'm not saying a R/S is going to be good for current shareholders, or would have been in the past, or will be in the future. I'm saying that NOW it's preventing the traders from climbing on board, so every time there's news, all you have are SELLERS.

The reverse split is coming at some point because that is the only way IBEX gets paid, and KW isn't going to wait forever.

And since Maryland only allows one split per year, at a max of 10:1, the PPS is definitely going to fall back to pre-split levels. Current shareholders will lose 90%. Tough break. But that's the only way IBEX gets their money.