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Replies to post #235751 on Bioelectronics Corp (BIEL)

Replies to #235751 on Bioelectronics Corp (BIEL)
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4toSchool

09/19/20 7:37 PM

#235753 RE: JustGoDeep #235751

The truth being that if management drives the company into a poor position and the PPS drops that note holders can renew their note ie a new note is issued at 50% of the market value of the PPS at the date of the new note. No risk to the lender . But a great way for a lender to take over the company. Which it is poised to do.