
Monday, November 02, 2020 10:23:16 PM
If it "amounted to nearly nothing" why hasn't the SEC fine been paid? It was due last December, and is accruing interest and possibly penalties.
The fine sits on BIEL's balance sheet, so it is a current and unresolved issue; which is not "phony" BIEL news. It is a legitimate fact that the SEC imposed a fine on KW, AW and BIEL. Why was BIEL named? IMO, AW and KW didn't want to pay the fine, so they presented a settlement offer to the SEC which included BIEL, along with them, to be jointly and severly liable for the fine. That way, the equity position of BIEL shareholders can be used to pay the fine, just like all the legal fees and travel expenses related to the SEC investigation and settlement.
JustGoDeep
Monday, 11/02/20 06:02:49 PM
Re: 4toSchool
post# 239350 of 239355
"Ill Gotten Gain" Was Lawyer Jargon Describing 2009-2012 Information
And Amounted To Nearly Nothing!!
2009 Wants Their Phony Biel News Back!!
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.

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