Bioelectronics Corp (BIEL)

[kidnova]

I feel that we will not be diluted because it would hurt their position as well.

The problem with this theory is that all of the debt is owned by members of the Whelan family. So any time they dilute to pay off debt, it just increases the percent of the company owned by the family. The only people hurt are the individual investors that hold free-trading shares. They will continue to dilute because they don't have enough cash to fund operations otherwise. IMO.