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Re: beekeeper65 post# 7751

Monday, 08/18/2014 10:43:14 AM

Monday, August 18, 2014 10:43:14 AM

Post# of 17195
Adding some SEC required disclosure color..."As of November 5, 2013 the Company (BRZG) is obligated to issue an aggregate of 4,796,391,073 shares of its Common Stock pursuant to certain convertible instruments. Below is a table which shows each instrument, the holder thereof, dates each instrument was issued, maturity date, number of shares issuable under each instrument as of November 5, 2013 based on the closing bid prices of our common stock, and the conversion terms of each instrument."

https://www.sec.gov/Archives/edgar/data/1301075/000107878213002291/pre14c111813_pre14c.htm

"We note that in August 2013 you increased your authorized common stock from 250 million to 950 million. Please provide additional disclosure explaining why you need to increase your authorized common stock again so soon. We note your disclosure that the additional shares are necessary to satisfy your obligations under certain financing arrangements. Please provide additional detail regarding these financing arrangements including the names of your lenders, the dates you entered into the financing arrangements and the material terms (e.g., duration, interest rates and conversation ratio). Moreover, please provide tabular disclosure of the number of shares of common stock issuable upon conversion of the debt underlying these financing arrangements on a note- by-note basis."

https://www.sec.gov/Archives/edgar/data/1301075/000000000013061692/filename1.pdf