Saturday, November 14, 2020 5:50:55 PM
BIEL's 25 billion SS reduces the demand for BIEL stock. Why? Some investors will not invest in penny stocks, therefore lower demand. Some will invest in penny stocks, but won't invest in penny stocks with billions of shares, therefore lower demand. While, some investors will invest in penny stocks with billions of shares, but won't invest in a penny stock where the insider dealing has created a situation where the insiders will convert 67% of bagholders value into their own personal investment accounts, therefore lower demand.
Therefore, BIEL'S SS is reducing its value by lowering demand for BIEL stock.
Solution:
1. Insiders extinguish all ill-gotten convertible notes
2. one the company has profits and positive net income
--a. stock buyback
--b. reverse split
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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