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Sunday, November 15, 2020 4:58:15 PM
I have faith in KN and Dr. Sree Koneru to promote the products to OEM partners.
I have faith that the OEM partners will successfully commercialize the products in a significant way.
I am convinced that KW will not do the right thing by shareholders. history does indeed have a way of repeating itself, so IMO she, and she'll convince her mom, to take advantage of their opportunity to either sell their notes or convert their notes thereby taking 67% ownership of the company. This dilutive action will move 67% of our holdings into their pockets. In my interactions with KW she projects that her family has invested time and money and thereby earned all that she can get. I disagree as the family has made a nominal investment in BIEL and earned income from the company all the while BIEL shareholders have poured over $30 million dollars to keep the company afloat. Currently, independent BIEL shareholders own about 98% of the company, and they have put in over 98% of the capital.
I have faith that I will bail before KW cashes out.
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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