Thursday, April 29, 2021 11:26:05 AM
WRONG: The biggest mistake is for a BIEL investor to overlook the fact that there are 41+ billion unissued shares that are needed to satisfy the convertible notes, most of which are held by the Whelan family. Yeah, the same family that invested a "nominal" amount of capital, lived off the company for two decades, and through bad decision making, nearly bankrupted the company on numerous occasions, only to be bailed out by the dilution of the value of shareholder's holdings.
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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