I was both careful and respectful to mention IBEX only, since other much smaller convertible Promissory Note holders did invest real dollars and took huge risks to help finance BIEL.
Unlike the former CEO, who used his daughter to invest a tiny sum in the first note, then revolved the bonus instruments over and over and over, amassing billions of shares over many years!
Not her fault, he ran things with an iron fist. Some of those noteholders are in a highly precarious position.
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