Romana Food Brands Corp (RFBC)

[shajandr]

"Blackbird acquired 100% of the shares of the target company in exchange for restricted stock."

Baloney! How much restricted stock? It sure wasn't pre-reverse split stock - there was nowhere near enough headroom for that.

SDE players got convertible notes AND stock that WILL BE issued AFTER the R/S is effective. And it will be HUGE.

Existing BBRD shareholders will be lucky to keep 5 percent equity in the merged entity - and then it's just more dilution from there down.

So, HOW MUCH consideration did SDE and SDE shareholders receive or WILL receive under the alleged merger agreement?