Bioelectronics Corp (BIEL)

[GetSeriousOK]

Kelly Whelan saying "I have more money invested than the rest of you combined" is disingenuous, IMO. Her "money invested" is convertible debt which she can cash out at half the PPS for HUGE PROFITS whenever she wants.

"the rest of you combined" bought stock at retail which Kelly Whelan has never done. Kelly Whelan's convertible debt has a clause that lets her ratchet down the conversion price to half the current PPS. If the PPS falls to .0004, for example, she can convert at .0002, and if it rises to .004, she can convert at .002.

Notice that Kelly holds 37 million shares of BIEL stock. Only 37 million shares, Kelly? what happened to the 738 million shares you were issued in 2019?

https://www.otcmarkets.com/otcapi/company/financial-report/243335/content

Kelly only owned 37 million shares on 12/31/2019 even though she was issued 738 million in early 2019 for debt conversion. She dumped 700 million shares in 2019 at a huge profit. So forgive me if I don't shed a tear when poor Kelly says she has "more money invested than the rest of you combined."

And when you look at Kelly's "people skills" in this exchange, can there be any doubt that she will monetize the remaining IBEX debt when the timing and profits benefit her? Imagine the effect on the PPS when Kelly cashes out and dumps the way she did in 2019. She'll have to do a R/S first, of course.