Bioelectronics Corp (BIEL)

[4toSchool]

INDISPUTABLE FACTS:

Shareholders paid a lot of money for their shares of BIEL, over $30 million.

KW invested a "nominal" amount of money in exchange for 50% of BIEL Corp.

4toSchool
Wednesday, 11/11/20 02:57:42 PM
Re: JustGoDeep post# 240237 of 240267

HUGE DIFFERENCE: The difference is that shareholders acquired their BIEL shares with their hard-earned dollars. Whereas KW acquired over $6 million in ill-gotten notes through self-dealing, and per the SEC court filings, KW only made a "one-time, nominal investment" and "never put any additional capital at risk". Today, Her convertible notes are valued at approximately 50% of BIEL Corp., while loyal BIEL holders, those that have held their shares for many years have seen the value of their investment evaporate, all the while KW tweeted her plan to "sell the company and retire."