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Re: imklo post# 238296

Monday, 10/19/2020 2:53:06 PM

Monday, October 19, 2020 2:53:06 PM

Post# of 329043
The SEC did investigate and AW and KW were found guilty. KW was banned from activity with penny stocks for 12-months and was at risk of being fined over $1 million, but negotiated it down to tens of thousands of dollars. The fine sits on BIEL's balance sheet as an over payable. It was due last December.

SEC Document Links

https://www.sec.gov/litigation/apdocuments/ap-3-17104.xml

AW was also fined by the State of Maryland for the same activity that got him in trouble with the SEC.

All of my comments are based on my own due diligence and are only my opinion. Please conduct your own due diligence and research before deciding whether to buy or sell any stock. My posts are for entertainment only.