Srinsocal wrote: "Yes Dr Staelin is a "very smart man" With his $450k in loans in 2022, with no conversion option, he has well over a million $$$$ invested in BIEL. In his position as Chairman of the Board he is one of 3 people who know exactly what is going on at BIEL".
And yet Staelin owns zero shares, and he doesn't want to convert loans into shares.
Yes, he is a very smart man.
He also has several old loans that could convert to shares.... but BIEL has no shares available in the A/S to convert them. This pot has to come to a boil eventually.