srin---thank you. Agreed. It has been stated numerous times that a BIEL reverse split would happen (if at all) is when profitable. The truth prevails again.
The only way KW $6 million, St John's $3.2 million, and Dr. Staelin $857k, get their Loans paid back is if BIEL becomes a successful company. That's a very large incentive to make BIEL solvent which will benefit both Shareholders and Lenders.