Bioelectronics Corp (BIEL)

[The_Pro]

A FEW BILLION OF HER SHARES?

That is your statement. I must be missing something.
I can only find Kelly owning 37,333,033 shares.

Heck, Keith Nalepka had 100,000,000 shares issued to him last year in lieu of salary (with interest it looks like $129,235.00).

THAT'S MORE THAN KELLY OWNS.

Retire a few billion shares for instant gratification, share price pops to heaven's delight.
Sounds greedy to me.

A few billion share buy back would cost millions. If BIEL is profitable the PPS will be higher making that very highly undoable.

Reverse split should be used to get to a higher exchange. That though, would tie up the hands of noteholders. Any dilution would send us below $1.00 for OTCQX, and hence a delisting.