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4toSchool

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4toSchool

Re: imklo post# 263343

Monday, 04/19/2021 4:32:24 PM

Monday, April 19, 2021 4:32:24 PM

Post# of 329221
Correct, the vast majority of the convertible notes are held by insiders (Kelly Whelan, Patricia Whelan, Dr. Staelin, etc.) and valued at over 21 billion shares of BIEL. It is the noteholder's option to accept cash repayment or to convert the note into shares of BIEL.

The value of the Notes held by non-insiders is small considered to the value of those held by insiders. Many of the non-insider notes are not convertible into shares.

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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