Replies to post #212345 on Bioelectronics Corp (BIEL)

[jan_ds]

Any link to proof your statement...

Tia

[markjohn62]

FDA clearance for musculoskeletal pain isn't a pump.

[jaysolano]

41.391 BILLION (or so?)

Just pulling names and numbers from the latest publicly available financial report....

Investor Amt #Convertible


McLeod 72000 0.0003 ~240,000,000 shares
Kim 200000 0.0013 ~153,846,154 shares
Humar 160000 0.0013 ~123,076,923 shares
Eason 135000 0.001 ~135,000,000 shares

IBEX 21,014,818,707 shares
"OTHER" 19,724,290,538 shares

I mean on one hand it's good that "other" seems to be mostly people close to the family. I guess. The additional private notes to named "outsiders" are a lot of shares, but tiny by comparison to IBEX + OTHER. IBEX or OTHER converting in a way where they need to file another AS increase is basically dropping a nuke on the public PPS... as it has been the last couple times AS increase was filed with MD. So hopefully they all have some sense and can be happy with the interest they're getting for now. Again, being mostly people close to the business, I'd assume that's probably being managed with understandings.

Other than that, I think the named notes can probably be dealt with using shares BIELCORP already has on shelf?