Replies to post #227883 on Bioelectronics Corp (BIEL)

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A Better, More Likely Path

The KW and PW Convertible Loans currently sit in the $9.3 million range.

Converted at the current share price of .0006 with a 50% discount rate we are looking at 31 billion shares to pay off the debt.

When BIEL closes a couple of OEM Deals and becomes a profitable company the SP rises to say 1 cent. When the 50% discount rate is applied the Convertible Debt of $9.3 million is now satisfied with 1.86 billion shares.

IMO, when BIEL is profitable a good portion of that debt will be repaid in cash. There will be much less dilution than the 1.86 billion shares in this scenario. Both KW and PW are interested in making BIEL a thriving company.

Nobody needs to give away 28 billion shares, which was never going to happen anyway.