Replies to post #235974 on Bioelectronics Corp (BIEL)

[Steve43]

She has only been in control for under a year, so all the decisions were made by AW not her. She is just a carry over from the old regime. AW controlled everything. He is the one who kept adding shares, billions of them. JMHO

[4toSchool]

In what universe does it seem right that Kelly would call in millions of dollars of notes? Notes for which she did not provide the money, other than a nominal one-time investment, of which she couldn't provide documentation?

"Nominal" was her contribution.

According to her own testimony before the SEC often times AW coordinated the buyers of the illegally unregistered shares of BIEL stock, and often those funds did not go through ibex conduit, rather they were directed by KW to be sent directly to BIEL headquarters. Even during these illegal transactions KW hand her dad write a note to her conduit IBEX.