Saturday, May 21, 2022 6:02:12 PM
Investors don't want to see their capital evaporate. And the capital of independent investors is at risk of evaporating. Where did the PPS sit when Andy died? Where is it now? New products, new distributors, new customers, and yet the PPS sits in the sewer.
What is the common denominator?
1. Convertible Notes: enough to wipe out 2/3rs of investors' value
2. A Whelan at the helm. They have been self-serving, living off the sales of unregistered shares of BIEL. Racking up fines and penalties from the IRS and SEC, leaving investors holding the bag.
These two risks scare the hell out of any savvy investor.
If KW wants to see investors receive a good ROI. She should step away from the company and write off her ill-gotten notes.
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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