Replies to post #295326 on Bioelectronics Corp (BIEL)

[toohot]

Can this be ANY CLEARER to you??? Really ANY CLEARER???

Both Ibex and St. John’s have forgone interest on their respective loans to the Company during 2020, 2021, and 2022. The interest is NOT deferred. If the interest was deferred, the Company would still need to record the expense and accrue the liability- no effect on the profit/loss. The action taken by Ibex and St. John’s has significantly lowered interest expense for the Company and allowed the Company to come closer to sustained profitability.
In addition, I have personally taken no salary or other compensation for 2019, 2020, 2021 or thus far in 2022. The Company’s general and administrative expenses are lower due to this as well. It is in the best interest of ALL of our shareholders to move the Company to sustained profitability as quickly as possible.”
Maybe now all the bad guesses will stop. The “yeah buts” will not.

BUY $BIEL$