Tuesday, June 20, 2023 11:54:14 AM
<<<<<<< He is IN now and he will do or say anything to protect his personal investment >>>>>>>>
In your Opinion, Dr Staelin, a well respected educator teaching at Duke University and Carnegie-Mellon University for over 50 years, who has been associated with BIEL since 2005, is ignoring his responsibilities as 'Chairman of the Board' at BIEL and making decisions based on protecting his "personal investment".
Wow, that is quite the accusation. Unfortunately it does not align with the facts. Anyone with real evidence of Dr Staelin failing to perform his COB duties should advise FINRA.
IMO, the truth is that the only path for any of the large lenders to get their Loans repaid is BIEL becoming profitable.
Dr Staelin's field is 'Marketing Science'. He knows BIEL and its products very well.
He developed the UK Social Media Campaign that brought BIEL its highest annual revenue, $2.33 million in 2015.
He invested $268k in new Interest Only Loans to BIEL in Q4 2022 after the low revenue of Q3.
He invested $75k in new Interest Only Loans to BIEL in Q1 2023 after the low revenue of Q4 2022.
He is committed to seeing BIEL through to profitability and feels it is achievable based on his 50 years experience in the Science of Marketing.
How is making hundreds of thousands of dollars in new loans to BIEL "protecting his personal investment" if BIEL is headed for BK as some declare on a daily basis?
I will go with the Opinion of the guy who has a doctoral degree in Marketing Science and is placing his own money behind that opinion every Quarter.
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