Bioelectronics Corp (BIEL)

[art2426]

>>>In fact, the Whelans have forgone interest for YEARS on all of the money owed to them.<<<

They are getting conversions of common stock at 50% discounted price and some think that the 'family' is doing all other stockholders a favor by 'foregoing' interest? Really? Did anyone ever think that this company cannot afford to pay the interest on those family loans? Sounds much better to say We are "foregoing interest". No, that was not 'gift ' for the stockholders. That was imo to take the 'heat' off of what has been occurring for quite sometime from the stockholders. That and there was not enough money to pay their interest due them.