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Re: art2426 post# 306399

Wednesday, 01/18/2023 8:32:10 AM

Wednesday, January 18, 2023 8:32:10 AM

Post# of 330382
The only insider who converted a loan in 2022 was St John's on January 25th

And what did St John's do with the money from the conversion?

They started making new Interest only loans, non-convertible, to BIEL on February 4 2022, 5 of them through 9/30/22.

Anyone who has a problem with that does not want to see BIEL succeed.

As far as paying Interest, it has always been Rolled Over with the convertible loans, I have never seen it paid out separately. Please provide proof if you have seen an Interest only payment on a convertible loan.