Bioelectronics Corp (BIEL)

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If your "NO CHOICE" theory was correct why would those same lenders loan another $296k in 2022? (per Q3 data)

It sounds more like my theory, "They did this because they want BIEL to succeed.", is correct.

Issue date ....Amount ... Maturity .... Noteholder

1/3/2022 ....... $ 50,000 ... 1/3/2024 ....... Richard Staelin
2/4/2022 ....... $ 16,000 ....2/4/2024 ....... St. John's LLC
2/9/2022 ....... $ 40,000 ....2/9/2024 ....... St. John's LLC
6/27/2022 ..... $ 10,000 ....6/27/2024 ..... St. John's LLC
6/24/2022 ..... $ 30,000 ....6/24/2024 ..... Richard Staelin
7/6/2022 ....... $ 25,000 ... 12/31/2022 .... Erin Sanders
7/15/2022 .... $ 100,000 .. 7/15/2024 ...... Richard Staelin
9/15/2022 .... $ 15,000 .... 6/27/2024 ...... St. John's LLC
9/30/2022 .... $ 10,000 .....6/27/2024 ...... St. John's LLC

Total 2022 .... $296,000