Bioelectronics Corp (BIEL)

[art2426]

>>>As far as the "Forgiving interest" being a "very small concession", you must live in a far better zip code than I do if you feel $2.5 million is a "very small concession".<<<

Maybe I do, because it definitely IS a small concession since they are getting stock for their loans at 50% off. GEEZ, why is that hard to understand. And if you have seen the financials, please tell me WHERE they are going to get the money to pay their interest. Not from their cash reserves or sales!! So maybe, due to company lack of funds, they have no choice but to forego interest. But it does sound better to say they are graciously and generously foregoing interest, than to say there is no money to pay the interest due them --- doesn't it?