Bioelectronics Corp (BIEL)

[art2426]

$48,000 per is hour is your proclamation for sales??? Really, when it took a whole quarter to make that? Talk about hype? As long as those notes that convert to stock remain a liability, this company can do much bigger sales and still the stock price will suffer due to those maturing notes. These note conversions have DILUTION written all over it and obvious to even the average investor. Now let's talk about any big money taking a bite of this with all those note/loan deals still in place and coming due! Fat chance of that happening IMO, as they will do their research prior to investing. One glance at what is coming due in the next few years with an enormous amount in liabilities that need to be satisfied, is a huge RED FLAG. Accounting 101, not too difficult to figure out. And did I say that some of those notes (family and a select few get their conversion stock price at 50% discount for their loans? Seems like the only stockholders that would defend this stock price destroying deal, is the family and other recipients of this note/loan/conversion deal.