Tuesday, February 06, 2024 7:12:17 PM
<<<<<<<<<< the family gets their conversion price at 50% discount >>>>>>>>>>>
No one on this Board, except for you apparently, believes that there is currently a market for 20+ billion new shares of BIEL.
<<<<< How is that good for the stockholders for when they do 'unload' their substantial amount of shares >>>>>
The only way KW, PW, and RS get their loans repaid is if BIEL becomes successful.
Since BIEL pays most of its debts in shares, a solvent BIEL trading at .002 lowers the convertible debt by a factor of 10, if it was 20 billion shares at a .0002 SP it is 2 billion shares at a .002 SP .
A successful BIEL trading at .02 lowers the convertible debt by a factor of 100, if it was 20 billion shares at a .0002 SP it is 200 million shares at a .02 SP .
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