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Re: None

Friday, 10/24/2014 11:40:56 PM

Friday, October 24, 2014 11:40:56 PM

Post# of 39713
So how many shares of stock and how many convertible notes (and what terms) were given to SDE shareholders and management for this alleged merger that "has yet to be finalized"?

Existing BBRD own what percentage of the merged entity (including fully diluted convertibles assuming conversion at the lowest allowed price)?

2 percent? 5 percent?

Nobody knows how much the old BBRD shareholders get in the merged entity (assuming it gets "finalized" and actually closes, rather than just agreeing on the "effective date")?

If existing BBRD shareholders are really lucky, they may have collectively 3-5 percent of the post-merger entity fully diluted for shares issued and convertible notes that will be converted. That's why the 1-for-20 reverse split - SDE will get 19/20ths of BBRD.

Still waiting for these answers. Anyone?