Bioelectronics Corp (BIEL)

[art2426]

>>>The interest on BIEL's convertible loans has always been added on to the loan balance it has never been paid on a Quarterly or Yearly basis.<<<

Hmmmm, so the non paid interest when notes mature are added back onto the principle balance due and carried forward thus creating compounded interest til the notes can be paid off. ie. charging interest on that unpaid interest until the note/loans are paid off. --- OUCH that's not good ---- ya think?