Sunday, November 08, 2020 12:14:28 PM
1. Years of notes were backdated
2. KW couldn't privide documentation to the SEC for her one-time and nominal investment.
3. The SEC stated that the notes were a product of self-dealing, and therefore "ill-gotten gains".
The issue remains current as the 6-figure fines reside on BIEL's balance sheet, and are nearly 1-year over due. Interest, fines, and penalties are accruing.
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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