Replies to post #239798 on Bioelectronics Corp (BIEL)

[JustGoDeep]

"Ill Gotten Gain" Was Lawyer Jargon Describing 2009-2012 Information

And Amounted To Nearly Nothing!!

2009 Wants Their Phony Biel News Back!!

[GetSeriousOK]

the IBEX and St. Johns convertible notes are not "ill-gotten gains." They were legally acquired and documented.

And the Whelans are NOT surrendering or cancelling any of that debt. They WILL cash out at spome point.

Personally, I'd start cashing out NOW if I were them. Life is short. And it's going to take some time to cash out because it requires reverse splits.

[art2426]

Yeah, it looks like those 25 billion authorized shares were conveniently created and are sitting there, for when they convert their family note loans to stock. Would be fantastic if she would take a stockholder friendly stance and accept 'only' interest of 8% and ax the conversion. 8% is fair and more than enough for the loan. Would definitely help the stock price and image of this investment. But as history shows the family gives rat's azz about its investors.