Bioelectronics Corp (BIEL)

[srinsocal]

Several Very Large Holes in that Opinion

Convertible Note Holders have to Convert their Loans to Shares before they can Sell

BIEL has only 295 million shares available to pay back Convertible Note Holders with before they hit their 'Authorized Share' limit

All of BIEL's current Convertible Loans are with 'Friendly Lenders' who have rolled over their Loans in the past, IBEX, St John's, Dr Staelin, T. Kim, Jarman

Since Dr Staelin rejoined BIEL as COB in 2020 all of his many Loans to BIEL have been Principle & Interest only, No Conversion option

St John's also switched to Principle & Interest Loans in January 2022