Replies to post #224053 on Bioelectronics Corp (BIEL)

[FloorPanDan]

Makes total sense which probably means they won’t consider one iota of it
JMHO GLTA

[JustGoDeep]

Hostile Takeover Failed!! Meanwhile Biel

Is Moving Forward and Trying To Become A Great Success.

[chsmoke]

simpsonly. i agree with so much you say. i do not agree anybody
who owns shares of biel deserves to be rewarded for making a terrible investment. do not deserve to be rewarded for ignoring years of evidence about the whelans. evidence that could not be more explicit:
we run biel as a way to make money for ourselves. nothing and nobody
else matters. you are lucky our products are good and can help you
with your pain. otherwise, screw off...
no, shareholders are getting exactly what they deserve. me included.

[Steve43]

AW's strategy was bad and this is worse, we seem to have jumped out of the frying pan and into the fire. It's pure madness. JMHO GLTA Happy Hamburger Hot Dog Friday all.

[srinsocal]

LOL, Two Weeks and all BIEL's Problems would be Gone

<<<<<<<<if I had my hands on the throttle of BIEL for two weeks>>>>>>>>

It has been recently stated that BIEL already has "one major deal already in place", "may be 2 or 3 deals done or nearing completion".

So it sounds like KW, KN, and Erin are doing a great job.

Has anyone thought out the precise demand that the Convertible Debt rights to 28 billion shares be given up out of the estimated 35 billion shares owed to IBEX/St Johns leaving 7 billion left for the Whelans?

It would seem that getting Convertible Debt holders to maybe surrender half of the debt owed to them would be a major achievement but 80% is what the Money Lender Group are demanding.

I wouldn't be surprised if the MLG has lined up 7.5 billion in shares to support their taking control of BIEL. The Whelans give up 80% of their shares and looky there, the MLG has control of BIEL.

KW has stated no share surrender and BIEL has Deals Done for the turnaround.