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Re: Steve43 post# 233504

Wednesday, 08/19/2020 3:48:31 PM

Wednesday, August 19, 2020 3:48:31 PM

Post# of 330251
Read the lips - it's the horrendous share structure, with another few 10's of billions of shares issued to the Whelan's IBEX on top of the 10's of billions already out. A 65 billion potential in the share structure is a huge red flag.

It screams something wasn't managed properly or there was a self-serving game in play. And there was, but that was then and this is now.

How wide does the door have to be opened before blind eyes see the opportunity for instant redemption? Leaves one wondering even more, doesn't it? Change the IBEX convertible note to a conventional loan and poof, the share structure is instantly less ominous.

We know that was the case with the former regime. We know this is a new management group and a new Board, so fix it! Get BIEL out of the $ .000whatever toilet it was put into.