Bioelectronics Corp (BIEL)

[4toSchool]

CORRECTION!!! There is a way to fix it.

Step 1. The Whelan family recognize that the repayment of the principle balance of their notes, together with accured interest at 8% is sufficient for their contribution to BIEL. They do not convert their notes to shares, nor sell the notes with the option to convert to shares.

Step 2. Quarter after quarter BIEL posts increasing positive cash flow as a result of growing net income

Step 3. A reverse split and/or a stock buyback plan is implemented

These steps would provide the Whelan family a VERY GENEROUS return for their nominal investment, and a very good return for loyal shareholders that have funded this enterprise for 20-years.