Bioelectronics Corp (BIEL)

[4toSchool]

The takeover of BIEL will occur when the Whelan family exercises their conversion options on their ill-gotten convertible notes, created through self-dealing, and assumes a majority share of BIEL; From what they own today, being less than 2% ownership to well over 50% ownership.

Unless something changes, when that conversion happens is when non-Whelan family investors in BIEL will take a 67% loss of value on their holdings.