Bioelectronics Corp (BIEL)

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What a Load of BS

The only way IBEX gets paid back for their loans is by closing Deals and making BIEL solvent.

If it would take 20 billion shares at a SP of .0006 to pay the $6 million in loans it would only take 2 billion shares with the SP at .006 and 600 million shares with the SP at .02 .

If KW goes with a principal and interest only repayment, no discount of SP, those numbers get cut in half, 10 billion shares at .0006, 1 billion shares at .006, 300 million shares at .02 .