And there are a lot of current shareholders who will join forces to preclude every possibility of a takeover by anyone.
Best perhaps to never be misled by fake news of fictitious takeovers. Of note, sadly, is the fact that the current Board and management structure and deals and forward progress only began after the surprise change in management in October 2019. It could have happened, in a better way, years earlier.
Only two things left are the SEC labeled "ill gotten gains" many billions of shares for IBEX and St. Johns convertible notes and the share price is still in the toilet.
No one is asking for anything unreasonable. If one cannot reasonably prove that there was a "nominal amount" original loaned to the company, then should the potential of those tens of billions of shares even exist?
If you can't present a ticket, you can't get any laundry.
Or, better still, "I'm pretty sure I won your lottery 10 months ago...."
Where's your ticket?"
"Can't find it, can't remember where I put it, no record of it, but I'm pretty sure those are my numbers...."
Under oath, "We have no evidence of the string of alleged loans to BIEL by IBEX or St. John's". No tickets = no shirts and no lottery winnings; no documentation = no shares. And don't ever forget the testimony of $3 1/2 million which had already been realized by the sale of shares issued as a result of earlier multiple convertible notes.....get over it may be a poor choice of words, in the minds of all shareholders.....fix it might be better.
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