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Is there a Zuniga involved in these offshore entities?
Is Manny really trying to steal the assets without paying the shareholders or creditors?
Thank you for the link.
PRETTY BLEAK !!!
It looks as if no one will get the $$$ they expected, except perhaps the insiders.
HUGE DILUTION COMING !
They have to print $140 million worth of of stock! They were hoping to do that at $5/share. Now they will be lucky to do it at $2/share...
That's 70 million new shares... OUCH !
A value tip for the longs....at $0.0016 / share, BPZ stock is now worth less than toilet paper ! Check it out ! The good news is that you now have a productive use for you shares...
Cheson, I disagree ! The first allegiance was/is to the Zunigas, followed by the rest of the insiders, and then the banks.
To hell-o to anyone else. Criminal, unethical, arrogant...I hope they all get what they deserve.
You have a very strong case to make in the courts, but that will be after the fact... and will enrich mostly the attys.
As for expecting anything for your shares, you are SOL.
DIDN'T HOLD $3's.
Didn't hold $50's
Didn't hold $40's
Didn't hold $20's
Didn't hold $teens
Won't hold $2's
Why does this company have to head NORTH? There would need to be a major positive catalyst just to stop the free-fall, let alone reverse the trend.
And don't forget... THERE IS A MAJOR DILUTION EVENT HAPPENING SHORTLY.
That means we are heading SOUTH !!!
THE ENRON OF PERU !!!
I am wrong, this is worse than ENRON. Even the criminals at Enron didn't have the arrogance to try to steal back the assets and walk away from their debts and investors.
The majority may be insiders, but the mandate of the BOARD is to watch out for the best interests of the shareholders... not just the insiders.
I agree that all of the info is in the filings, that doesn't make it right or ethical ... This is essentially the management taking the company private for pennies... the longs are getting what they deserve... my hope is that the management and board get what the deserve... some day.
Look at what I posted in AUGUST.
Everyone knows the assets are worth more than $8 million. Doesn't management and the BOD have a fiduciary responsibility to the shareholders?
Jack_Bolander Thursday, 08/27/15 08:59:26 AM
Re: Jack_Bolander post# 2152
Post #
2225
of 2395 Go
I think it is important to keep this message on top. I can't wait to hear the outrage when everyone finds out that the new management is still the same as before, and you are left with nothing.
Are any of BPZ's management with Zedd or Zorritos?
DID ANYONE ELSE GO TO THE COURTHOUSE? Did anyone else listen to the discussions and pleadings?
More than $500 million in "assets"; more than $200 million in claims; and they NETTED $8 million for the assets...
I hope no one is waiting for a big pay day...
This Pturd has been falling for 3 years, and nothing good has happened to reverse the trend. Without MAJOR POSITIVE news, this stock will continue to fall and take FSYS with them.
Why do you use the word "expected"... the court docs don't.
There shall be "NO DISTRIBUTION".. You can expect NOTHING
ZERO, ZIP, NADA, NOTHING...
According to the court papers, "EQUITY INVESTORS SHALL RECEIVE NO DISTRIBUTION" 0% !!!!
TOO LITTLE.....TOO LATE....
Everyone gets burned...
EQUITY INTERESTS SHALL NO DISTRIBUTION...0%
It is stated in the court filings !!! NO HOPE !!!
It is impossible to average down to zero.
If you owe $200+ million and you only have raised $8 million, how much is left over for the last people in line...the shareholders? Nada
So how much are your shares worth? Nada
$8 million !!! That was all that was raised at the auction at the court house yesterday ... against claims of over $200 million...and shareholders get paid only AFTER all claims are paid. Is this the reason for the activity in the last few days? Is this the "good news" you were hoping for?
I know something you apparently do not... This turkey is done.
"there will be no assets left for distribution to shareholders".
The lawyers and accountants are picking the carcass clean
You were the one who asked for guesses...
And I have never stated that I am unbiased...this is the stock market..EVERYONE is biased, long or short.
I see "us" getting between $0.0000 and $0.0025/ share.
Toilet paper is worth more...
Too bad none of us will live long enough to see that day...
this deal is like two drunks leaning against one another....two broken companies combining into one larger broken company.
They will never recover the dilution.
JUST REMEMBER, while there may be very little activity with this stock, there is a small army of lawyers and accountants running up millions in fees.... there will be nothing left by October....
WPRT buying FSYS !!! What a JOKE !!
THE ENRON OF PERU
From $29/ share to $0.0022/share...
The longs are burnt...toast.
Shorts who were covering... and fools.
And even more shares were bought today... The only problem? There were many more sellers than buyers...
I think it is important to keep this message on top. I can't wait to hear the outrage when everyone finds out that the new management is still the same as before, and you are left with nothing.
Are any of BPZ's management with Zedd or Zorritos?
TRUE, and I am guessing an equal number of shares were sold today...
Deep analysis !!!!
A value tip for the longs....at $0.0028/ share, BPZ stock is now worth less than toilet paper ! Check it out ! The good news is that you now have a productive use for you shares...
And maybe pigs will learn to fly....just about as likely as shareholders getting anything here. It's over boys... the insider have sucked this dry and the lawyers will take anything that is left.
What is your kw price when you factor in the cost of the generator?
NO assets will be available for distribution to shareholders....
The lawyers will drag this out until there is NO MONEY left in the company, only then will they shut it down. Only when the trough runs dry.
The lawyers have already said, after the sale of assets, there will be NO funds left for share holders. Those of you who think that the sale of the turbines will get distributed are delusional....NO ASSETS WILL BE AVAILABLE FOR DISTRIBUTION TO SHAREHOLDERS !
Would it surprise anyone if we find out that Manny and Minetti are part of one of the buy-out groups?
Now that they are no longer part of BPZ, are they still eligible for a golden parachute due to a change in control?
If they show up on the management team or board of Zedd or Zorritos, would they have effectively take BPZ private?
Does anyone know? That would be classic !
I am not a basher. I am a vocal critic of BPZ and rightly so.
I have been warning people about how bad an investment BPZ is for years.
Have I been right or wrong?
Between $0.0026 and $0.000000000