OK! BBDA Team Listen and Listen Good! You may want to sticky this one because it'll perhaps be my best post to date!!
Here is what (IMHO- think of it like "Fiction" if you will) is going on with BBDA assuming that this doesn't fall apart -i.e. break below $0.0007. For those looking for "Cheapie" shares- If BBDA goes down there, or below, you won't want them because she'll be on her merry way to a R/S! Here is a play by play of what is happening (again IMHO) and IF this is correct I'll get the private msgs cursing me out!!
1. BBDA is actually (yes shocking) being accumulated! Most likely a third party shady outfit not associated with JSJ! In fact the "heavy" offer you see not budging IS the hangover debt from the Converted Notes!
2. BW never raised anywhere near the $5M (he said he needed- BTW, yes "mostly" for the Racing Series that is LOSING money) in the normal fashion he's been doing (i.e. thru JSJ) via $150K-$200K Convertible Notes every three months!
3. BW has somehow connected with some very shady "characters" that are in the infamous world of P&D especially in the world of Pinkyland! These characters are circulating the bottom of market (as they ALWAYS do when markets hit ALL Time Highs) looking to exploit an opportuntiy. They've basically said something along these lines (fiction if you will),
"BW, you're NEVER going to raise the $5M you need and you've already burnt every avenue out there! Give us the controls to P&D and we'll make sure you get the $$ you need to play with your bus, cars, girls, etc...In exchange we'll orchestrate the game plan." He obviously said, "absolutely!"
4. This is what they did
- They've agreed to clean out the remaining JSJ Debt/Conv shares (what you see going on right now)
- They convinced BW to agree to "limit" (temporarily) the A/S while they're in control of the scheme!
- They have purchased both unregistered shares (really cheap- i.e. below > $0.0004) AND they've been buying free trading shares, in the open market, from $0.0008- $0.001!
- When they're done then you'll see a massive BS PR campaign not seen since the WM announcements!!
BBDA has most likely gotten "some $$" from selling this outside group restricted (deeply discounted) shares but they've also have the shares they've been accumulating for about the past two weeks or so! Their intentions is to PUMP this as much as they can (don't hold you're breath- it'll most likely never see $0.019 again under this SS)! My guess? Maybe as high as $0.003+ give or take a few clicks! They, of course, are hoping higher....but we'll see! I won't be surprise if BW double crosses them and starts selling Conv Debt again the minute this jumps although I suspect that that will most likely be BW's biggest mistake if he double crosses "this" particular group! For All of you who have been trapped in this sad sack for a long time....voice of warning: GET OUT during that PUMP!! It'll be your last opportunity to do so!! This P&D that is being orchestrated by these "characters" WILL get the SEC's attention! Some of their "associates" were already nabbed this past week in BKLYN and the authorities haven't stopped! This WILL be BW and BBDA's undoing-watch, learn, and be witness to history!!
Life Is Good....When you have front row seats to the Show!
-JSJ
