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Sunday, February 14, 2021 2:06:15 PM
The issue with both of these companies is the way they finance their operations, convertible debt with toxic death spiral terms.
BIEL is IMO worse because the Whelan's have toxic debt so that they cannot be diluted and lose money, that is their stupid investors' role, to be left holding the bag while the Whelan's benefit in the end if anything becomes of this mess.
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