Replies to post #326349 on Bioelectronics Corp (BIEL)

[srinsocal]

You are on quite the downward spiral today

<<<<<<<<<< not enough money to pay their interest due them >>>>>>>>>>>>>

The interest on BIEL's convertible loans has always been added on to the loan balance it has never been paid on a Quarterly or Yearly basis. If you actually read those Financials that you complain about so much you would have seen the "Interest Accrued" column and know that fact.

The 3 years of IBEX and St Johns forgoing interest has saved BIEL $2.25 million.

[imklo]

You clearly don't understand the transactions. The Whelans and other note holders put their CASH at risk for YEARS before they can convert the notes to free-trading shares. The notes are secured by stock at 1/2 the value on the day their money goes AT RISK. Andy Whelan said more than once, if you want a note, send BioElectronics your check. Obviously not many were willing to take the RISK. Maybe call Kelly and see if she will sell you a note? You know since you feel so deprived of the opportunity to also have your money at risk for a few years.