<<<<<<<<< You have an immediate double of your money >>>>>>>>>
As I have said several times, there is no market for billions of BIEL shares unless BIEL becomes profitable. That 50% conversion discount is worthless if no one wants to buy the shares. It is "laughable" to think that some do not comprehend this.
BIEL lenders take a risk just as BIEL shareholders do. The fact that BIEL insiders, who have a much clearer picture of BIEL, keep loaning more cash to BIEL is an indicator for me.