Bioelectronics Corp (BIEL)

[Simpsonly]

Too much.....Still totally false and misleading, a note holder can convert at any time, Initial Note or Renewal. It's still Section 2.1. With a renewal, it's just a new new note with the same new 2 year term TO EXPIRATION! Same as the first note - section 2.1. Only difference is the loan amount changes - original Principal plus Interest dollars from the first Note, as a total amount in the upper left corner of page 1. I'm reading it! Hmmm, lessee, it may be really old. Yup, it is. 3-6 months! Jeeeez!