Replies to post #215330 on Bioelectronics Corp (BIEL)

[JustGoDeep]

Over 10 Freaking Years Ago, and The Money

Was Re-loaned To Biel To Fund Operations.

SEC Did Not Do Anything Once They Understood the "Arrangement."

The Arrangement Was Identical For All Lenders.

Total Fines were a Lousy $166,000 and Kelly Paid about $41,000.

The Case Was A Joke. They Could Have Fought and Won.

They Just Paid Shut Up and Go Away Money.

Legal Fees Would Have Cost More to Fight!!

10 Years Ago!!

Same Deal Every Biel Money Lender Receives.

High Risk and High Reward.

Most Penny Stocks Have a VERY Similar Funding Model.

Without IBEX Biel Very Well Would Not Currently Exist or at Least

the Same Amount Would be Spread Over 20 Other Lenders or So!!