Bioelectronics Corp (BIEL)

[4toSchool]

It sounds like he actually provided cash to BIEL, without which we'd be bankrupt. What would you prefer?

Also, his cash for shares is much better for BIEL than what the Whelan family did to shareholders, which was printing and illegally selling unregistered shares, using the proceeds of our equity to fund convertible notes that they hold, they take some cash for personal purposes, and roll the notes over for 25-years, then violate the corporate bylaws to keep control of the company, and wait for their most lucrative time to sell their notes or convert them for 2/3 of the value of the company.