You think BIEL will dilute another 25 billion shares?!?! Fascinating.
Have you noticed that BIEL doesn't borrow from toxic lenders? I don't like the discounted "private convertible loan" scheme much, but BIEL came out like a bandit on some of those private loans because the "lenders" didn't get an adjustable conversion price.
not sure how you avoid the bubonic plague -- I certainly am not consciously avoiding the bubonic plague -- but I think 99.9% of retail investors avoid pinksheet gambling, period.
I personally love pinksheet biotechs. They are basically unaffected by world crises and newbies flock to them when the DOW and NASDAQ crash as they did in 2008-2009 and certainly will again in my lifetime - maybe even this year. Maybe even this MONTH.
"Junk worthless" means something different to you than it means to me. I've seen pinksheet stocks become worthless. BIEL is nowhere NEAR worthless. The toxic death spiral comes first and BIEL isn't going in that direction - they don't HAVE to borrow from the death spiral financiers, as you pointed out yourself.