Bioelectronics Corp (BIEL)

[4toSchool]

"Whenever someone says they have done their Due Diligence, then what does that mean.

What that means is that you’re not going to worry about the companies failures so much because you know the company will work this out BECAUSE OF THE VALUE OF THE PRODUCT."

Due diligence uncovered the fact that the success of the company will be enjoyed, not by non-insider investors who funded this company, but by the Whelan family that created ill-gotten notes convertible to 40 billion shares, yes "B" as in billion.

When the company is successful, we'll see the Whelan's exit the story holding about 67% of BIEL's value, while trusting shareholders are left with 33% of what they'll think they have.

Kelly tweeted as much when telling the world

Kelly Whelan
@Kel928

"I'm not surrendering my shares & I'm not hiring a new CEO. Don't like how the Company is managed? Sell your shares. no one made you invest & no one is making you stay." #upfront #likeitis

Kelly Whelan
@Kel928

1. Sign the deal for ORTHOPEDIC
2. Sign the deal for FOOTCARE
3. Get wound care channel partner moving forward
4. Ship 1.5 million devices in 12 months
5. Ship 2.5 million devices in 2021
6. Ship 4+ million devices in 2022
7. Sell company & retire
#theonly7stepplanineed

#7. This is another point where independent shareholders will feel pain.

Since when does the self-appointed Rookie President / CEO / CFO / Treasurer / and Executive Board Member have the authority to sell the company or hire a CEO?

BIEL IS NOT A "FAMILY BUSINESS", RATHER IT IS A PUBLICALLY TRADED COMPANY WITH SHAREHOLDERS WHICH DESERVE RESPECT AND SHOULD NOT BE IGNORED AND MISTREATED. HOLD AN ANNUAL SHAREHOLDERS MEETING AS THE BYLAWS REQUIRE.