Bioelectronics Corp (BIEL)

[Simpsonly]

Thank you. It is not my formula per se, I just composed a brief list of common sense elements any competent management would carefully consider making in order to stabilize a company in difficulty.

My only goals are for ActiPatch to succeed in helping pain sufferers. That will allow BIEL and, in turn, all shareholders to benefit. This is not complicated. The only thing left is the absurd share structure.

The Whelans and all shareholders will benefit more, if they can grasp from the math that it is more beneficial for all shareholders, mostly the Whelans, to convert the debt instruments to more conventional debt, as suggested. If they do it, they win bigger, if they don't, they don't.