Wednesday, November 11, 2020 12:32:56 AM
Anyone can access my many posts to see the suggestions regarding the Whelan family holding onto maybe 5 to 7 billion shares, changing the convertible notes they hold to conventional interest-bearing notes, thus avoiding increasing the shares to north of 60 billion!!!
SP has roughly doubled from 0005, with the full FDA OTC clearance of the brilliant ActiPatch, new CEO, new Chairman, new BoD, Chairman's announcement of multiple OEM deals, news of DonJoy, CE Mark renewal, yet the SP continues to languish in the toilet! What the hell does it take? BIEL should have run long and strong!
Should already be a couple, few cents by now, 2, 3, maybe 3 1/2, if the share structure had only been fixed, as suggested! How many think it just might be the share structure now? Annnnd, the best is yet to come. . . . Imagine
The Whelans and all other shareholders will benefit through much higher share prices with the share structure fixed.
Obviously with the waiving of the CEO salary, and cessation of interest on the Whelan (Ibex, St. Johns) notes, they knew things were not right and shareholders had been badly mistreated for years. But, they missed the reality that they may be far wealthier, as we all may be, by simply fixing the ss.
Our DD leads us to believe the stock should run longer and stronger as a result of management fixing the ss AND maybe, just maybe, with the announcement of the next race of the BIEL Trifecta.
With a little luck, there will be some interesting twists to it. If the ss is not fixed out of greed, fear, defiance, whatever, we may remain stuck in latrine land or close to it, not where we should be, because of less than stellar shareholder trust. I can sense 5 to 7.5 cents with a fixed ss and a significant OEM play, but the market does not share my enthusiasm.
FEATURED ZenaTech, Inc. (NASDAQ: ZENA) Launchs IQ Nano Drone for Commercial Indoor Use • Oct 10, 2024 8:09 AM
FEATURED CBD Life Sciences Inc. (CBDL) Targets Alibaba as the Next Retail Giant for Wholesale Expansion of Top-Selling CBD Products • Oct 10, 2024 8:00 AM
Foremost Lithium Announces Option Agreement with Denison on 10 Uranium Projects Spanning over 330,000 Acres in the Athabasca Basin, Saskatchewan • FAT • Oct 10, 2024 5:51 AM
Element79 Gold Corp. Reports Significant Progress in Community Relations and Development Efforts in Chachas, Peru • ELEM • Oct 9, 2024 10:30 AM
Unitronix Corp Launches Share Buyback Initiative • UTRX • Oct 9, 2024 9:10 AM
BASANITE INDUSTRIES, LLC RECEIVES U.S. PATENT FOR ITS BASAFLEX™ BASALT FIBER COMPOSITE REBAR AND METHOD OF MANUFACTURING • BASA • Oct 9, 2024 7:30 AM