Replies to post #89302 on Bioelectronics Corp (BIEL)

[GetSeriousOK]

Making a profit from lending money is not a sin.

Making profit from ILLEGALLY lending money is a sin.

And dumping shares at less-than-50% of current market price is dilutive to a degree that you just don't often see in business.

And "prime plus 25%, interest to be paid quarterly, in advance plus a 10% equity interest in your company with anti-dilution protection for the term f the loan plus 3 years, if at all" perfectly describes the kind of financing BIEL is going to have to find after the judge's decision, regardless of whether BIEL appeals and is granted a Stay.

Especially that "if at all" part.