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zenvesting

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Alias Born 02/10/2004

zenvesting

Re: None

Friday, 05/27/2005 6:34:48 PM

Friday, May 27, 2005 6:34:48 PM

Post# of 33450
BIPH: I have a feeling that 10K will propel another booosh Tuesday.....refinancing with SBI for $30M for 10M shares gives it average pricing of $3/share, with a range from $2-$4.

Awesome financing again....and lots more positive commentary and insight into what's going on there.....I haven't found anything ugly yet.

I was sort of afraid that they might have sold more shares to SBI under their former agreement @ $0.80, but NO, they got much better terms! ....and the CEO loaned the company $500k from Biomed, his private holding company that owns his stake in BIPH.

"Our houses are such unwieldy property that we are often imprisoned rather than housed in them." - Henry David Thoreau, Walden: Economy, 1854

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