Replies to post #306399 on Bioelectronics Corp (BIEL)

[JustGoDeep]

Unless Biel Is Successful, That-Cheaper Than Venture Capital

Stock Will Amount To Nothing.

I SUPPORT Biel!! It Is Not Easy Till You Get A Big Break.

[imklo]

Or they could accrue the interest, add it to the note balance liability and take more equity. NOT doing that looks generous to me.

[srinsocal]

The only insider who converted a loan in 2022 was St John's on January 25th

And what did St John's do with the money from the conversion?

They started making new Interest only loans, non-convertible, to BIEL on February 4 2022, 5 of them through 9/30/22.

Anyone who has a problem with that does not want to see BIEL succeed.

As far as paying Interest, it has always been Rolled Over with the convertible loans, I have never seen it paid out separately. Please provide proof if you have seen an Interest only payment on a convertible loan.