Monday, August 28, 2023 10:41:24 AM
And as far as your statement of: "Those that loaned money to BIEL faced a real risk that they would never get their loans repaid so they received that 8% interest rate and the discounted conversion to shares rate". HOW exactly is THAT a positive for all other investors that had to pay FULL PRICE for their stock. That horrible deal that benefited the family and a select few with a HIGH interest rate of 8% and 50% discounted stock price, is one of the reasons this stock price is stuck in the LOW triple zeros. Those converted shares that will come from those note maturities WILL cause dilution for all other stockholders. And NEVER has dilution been seen as favorable for the stockholders and the stock price. So please tell me again how great of a deal that was/is for the investors
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