Bioelectronics Corp (BIEL)

[4toSchool]

KW has only made a one-time nominal investment, and never put any additional capital at risk.

How did she aggragate millions in notes worth billions of shares?

She illegally obtained unregistered shares of BIEL from her dad, illegally sold those shares to investors, loaned some of the ill-gotten proceeds of the illegal stock sales back to BIEL. Then roll the notes over every few years, or sell the convertible notes to investors, until she's sitting on notes convertible into 20+ billion shares

In short, she was illegally transferring common shareholders equity to herself.