Bioelectronics Corp (BIEL)

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So, BIEL should not inform shareholders when a Material Event like signing a contract with a $3.2 billion company like STADA occurs?????

I believe that 99.9% of shareholders and the SEC believe that informing investors of the STADA Distribution Deal was the right thing to do, not pumping.

As far as Dr Staelin's commitment to BIEL's success, he currently has over $1.6 million loaned to BIEL. Like IBEX and St John's Dr Stelin has been rolling over his convertible debt since 2010 rather than converting it and causing further dilution.

When Dr Staelin returned to BIEL as COB in 2020 he continued to finance BIEL with loans, $450k in new loans to date. All of these loans are on an Interest Only Basis, conversion into shares is not an option.

BIEL Shareholders are fortunate to have Dr Staelin as their COB.