Bioelectronics Corp (BIEL)

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Pretty simple, BIEL currently has no cash to buy stock

<<<<<<<<<< why the management doesn't buy the stock now >>>>>>>>>>

KW (IBEX) holds over $6 million in BIEL debt that she has been Rolling Over to prevent dilution and the need for an AS increase.

St John's holds over $3 million in BIEL debt that they have been Rolling Over to prevent dilution and the need for an AS increase. All new 2022 loans have been 'Interest Only'.

Rick Staelin holds over $800k in debt that he has been Rolling Over to prevent dilution and the need for an AS increase. All new 2022 loans have been 'Interest Only'.

IBEX and St John's have forgone, as in erased not deferred, $2.5 million in Interest over the last 3 years.

These and other actions show that BIEL management is serious about making BIEL profitable and that BIEL is not your average 'Pink Sheet' company.