Bioelectronics Corp (BIEL)

[srinsocal]

Don't worry, BIEL will move when names and details emerge

There have been delays to BIEL's negotiations over the last 7 months as the Covid Pandemic has disrupted business, infected 5 million Americans and caused the death of 180,000. These delays have made some investors cautious until more information is released.

If you were a medical device company CEO would you want to commit to a multi-million dollar contract for a new product line with your Q2 sales down 30-40-50% due to Covid uncertainty ?

Just like the campaign to get IBEX/KW to surrender 28 billion shares went nowhere the new campaign for IBEX/KW to change its Convertible Loans to Interest Only Loans will meet the same fate.

If IBEX/KW agreed to either of these schemes they would no longer hold majority interest in BIEL. This would leave BIEL open to takeover attacks.

Do not be fooled, with 4 major company OEM Deals signed and a large international company Licensing Deal signed there are millions and millions of dollars at stake that raiders would love to control.

For those worried about billions of converted shares hitting the market at once, ain't happening. As the CEO of BIEL KW has tight restrictions on when and how many shares she can sell.