Bioelectronics Corp (BIEL)

[art2426]

According to my records, $458,000 more notes matured in May plus another $126,000 in June. Undoubtedly they must have been extended as per those laughable sales recently reported. Honestly I don't know how this can play out positively for investors or this company. Something drastic must happen for this to survive. Numbers don't lie and this company's numbers (financials) are ugly to say the least.

Wonder how sorry these investors must feel about loaning money to this, even with the 50% discounted stock price upon conversion. 50% of nothing is nothing.