Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
I'm hoping for Monday. Although we know they like to release news on Fridays.
Dilution potential, but not much unless Ovadia wants to lose majority share control.
O/S hasn't increased yet so I'm still hopeful that this split had better reasoning than to dilute.
LOL! Tell us how you really feel Zaadx, stop holding back :)
This is an important time right now and WERPO needs to issue a PR soon. Doesn't need to be groundbreaking, but at least an explanation.
And what happened here Maz? Please enlighten us.
A few of you guys might want to do the same and email WERPO to release news on Monday if they have anything. Even a split explanation would be good. ANYTHING.
If we fall back down to pre split levels no longs will exist at that point.
BBRD WERPO
I emailed WERPO letting them know that shares are starting to free up and if they have news, Monday would be ideal to release it.
I really hope they have news. I really hope they release it Monday morning. They need to take advantage of the current PPS or we may fall back down to pre split levels soon.
Thanks Duke!
BBRD WERPO
Thanks Duke!
I won't put it past those holding or anyone who missed the R/S news, but .021 is a definite big loss to anyone selling to the bid. Kind of helps us from those wanting to dump.
Agreed, we need to see a PR soon, hopefully Monday. I'll email them to let them know that shares are starting to free up for everyone.
I'm busy working today. Can anyone tell me the spread? Has it tightened at all?
BBRD WERPO
You're right, thought about it for a bit and you can't dilute without any transactions.
I guess you can dilute with the new shares of BBRDD, but with the spread at .02 and .17, no one is going to buy or sell.
I'll update on the share structure once trading starts up again.
BBRD WERPO
Not sure Zaadx, good question. Can anyone chime in on this and confirm?
I'm guessing that it is possible to increase to O/S, but it wouldn't make much sense without any volume.
I'm going to check every day still and make sure :)
BBRD WERPO
BBRD Share Structure - 11/5/14 - Unchanged
A/S - 900,000,000
O/S - 34,500,021
No amendments submitted to change the A/S.
BBRD Profile Amendments
I will continue to update each day with the latest O/S and A/S.
Again, keeping the A/S the same at 900 million is not a bad thing. It is only bad when the O/S starts increasing consistently and/or in large quantities. There has been no changes to either the A/S or O/S.
BBRD WERPO
LOL! Hilarious Mad Money! I like to see some village idiot comments from time to time though.
5 days for DRIO, but they announced the R/S 2 weeks in advance. I think those 2 weeks allowed for the stock to start trading 5 days after the ticker change.
Good luck in DRIO Duke! I have friends in that stock so I'm pulling for you guys. It's also an Israeli company looking to make a good difference in the world.
BBRD WERPO
Not sure yet Am33han. Uplisting is a possibility, but for the near future it would be an uplist to OTCQB which follows SEC guidelines and reporting more closely.
Our shares are locked up for 3 to 6 weeks. This is normal for an OTC reverse split. Most of the other October R/S stocks have not started trading normally yet.
We are hoping for an uplist to OTCQB. It would give us greater detail (per reporting requirements) and probably increase investor confidence. In order to uplist to OTCQB we need to hold above a .01 PPS.
BBRDD will last roughly 20 trading days and then it will go back to BBRD.
BBRD WERPO
Ah, got it now. Sorry about that.
Here's the OTC daily list and name changes:
OTC Daily List
Just keep changing the date in the URL. Examples:
Great questions and statements Zaadx! I'm in agreement with DipnRip's analysis here.
WERPO is extremely tight lipped right now. I used to get canned responses of a couple of sentences, but now all I get are responses stating "Thank you TJO" and that's it. LOL!
These reasons point to something bigger, rather than just a scam:
>> New York trip
>> 20:1 R/S
>> Recent interview statements and claims
>> Long company history (14+ years)
>> Active world wide patents
>> No history of dilution
What's missing is the funding. Hope and BBRD don't really mix, but that's all we have left at this point. Hoping for a funding PR, the only puzzle piece missing.
BBRD WERPO
Sure 2CuteFeet! It was in my post #26752 (I know I post a ton).
You'll see a couple small trades in all of them, but again nowhere near normal trading volume. We notice this in BBRDD as well. My guess is MMs adjusting PPS and passing shares with each other as they see fit.
BBRD
True statement Mad Money. I just wanted to clarify that Holladay doesn't give out the float for any client/stock.
I did this because I know Nio* is going to respond to your post with cries of dilution, dishonesty and exponential growth of the O/S and A/S into billions.
BBRD WERPO
Yeah Duke, I don't think we'll be trading for another couple weeks to be honest.
I've looked at all the R/S stocks announced in October and only a few have a resumed trading old shares again. Brokers state 4 to 6 weeks is typical.
I watched DRIOD closely, but didn't have shares. The R/S was announced 2 weeks in advanced and it took a week after the split date to resume normal trading. 3 weeks total and I'm assuming the same for us.
We should be up and running by mid November. Sorry for any incorrect statements I had previously where I guessed a few days.
On the bright side, I think that if trading started, the stock would keep going down. This temporary halt in action is a good thing for BBRD I think.
When trading resumes, we need a PR ASAP though.
BBRD WERPO
Not discounting your statement Mad Money, but just an FYI for Holladay Stock Transfer (BBRD's TA)... Holladay does not disclose the Float for ANY of their stocks.
The cool part is we know how many restricted shares Ovadia has (20 million), and we know the O/S (34.5 million), so we can calculate a number that closely or exactly reflects the float size (14.5 million).
I've tried to get the float before from the owner, but no go. The TA isn't gagged, they just don't want to keep up with the float numbers for all their stocks and include the possible headaches of people calling in everyday (like me).
BBRD WERPO
BBRD Share Structure - 11/4/14 - Unchanged
A/S - 900,000,000
O/S - 34,500,021
No amendments submitted to change the A/S.
BBRD Profile Amendments
I will continue to update each day with the latest O/S and A/S.
Again, keeping the A/S the same at 900 million is not a bad thing. It is only bad when the O/S starts increasing consistently or in large quantities. There has been no changes to either the A/S or O/S.
BBRDD WERPO
Spot on Chiron. I wouldn't use 100% logic here since we've been kept in the dark so far, so I wouldn't be surprised by either an O/S rise or gagged TA.
I'll be updating on the O/S and A/S everyday. A large or consistent O/S increase will tank the stock.
A gagged TA I'll announce immediately and that will also tank the stock.
I really hope World Bank or other funding programs are playing that missing role we're all looking for.
Unfortunately we have to wait to find out. Waiting sucks...
BBRD WERPO
Nio, you need to calculate the amount of shares for ALL projects so that we can truly know how many shares WERPO will need to grow the O/S and A/S by.
Let's assume 9 markets, each with its own 100 MW power plant. Also, .17 cents per share is a bit inflated. Let's also assume .05 cents a share then.
80 million / .05 cents per share = 1.6 BILLION
Now multiply that by 9 markets...
1.6 billion x 9 = 14.4 BILLION new shares added to the O/S
This doesn't even include what Ovadia and team will own to maintain 51% of the company, so lets divide that number by .51
14.4 BILLION / .51 = 28.24 BILLION
So in order for Ovadia to maintain 51% of the company and for us to reach our stock fundraising goal, the O/S will need to be at least 28.24 BILLION shares!! OMG!!!
And... I'm all out of sarcasm for today.
BBRD WERPO
LOL, Nio you sound a little flustered? No need to start attacking others on this board. Take your frustrations out on me if you want to vent.
What was your favorite part in the WERPO news article? I can't wait until they PR the lawsuit against Eco Wave personally...
BBRD WERPO
Good call Lufrance! If we're out of sticky space, maybe we overwrite the BBRD latest quarterly post by WhalesTale?
Thanks for being a calming voice on this board Lufrance. If you ever get worried, then it's probably time to worry. :)
BBRD WERPO
If they PR that information when trading begins... that they are fully funded for the Kenya 100MW project through Power Africa and World Bank... That. would. be. amazing.
Jimmc brought up a good question as WERPO stated that post merger, the
Amazing article Jack and very recent!! WERPO needs to capitalize on this huge influx of funding!
From the Power Africa website (www.usaid.gov/powerafrica):
NEWS!! WERPO Interview Article - 11/3/2014
renewables.seenews.com/news/interview-werpo-draws-ambitious-wave-energy-plans-for-africa-world-446420#
Brand new, hot off the press. Got an email from WERPO today with a link to one of the interviews I helped coordinate a few weeks back.
Read through and point out any interesting details.
I like this tidbit:
Want a WERPO update? Here's a big one :)
renewables.seenews.com/news/interview-werpo-draws-ambitious-wave-energy-plans-for-africa-world-446420#
This was one of the interviews I helped coordinate! Please read through the news and reply with anything that stands out to you or sheds some light on our current situation!
BBRD WERPO
Thanks TP24! I meant to tell you previously that I hope all is well with you and your family. I know you're going through some tough times and I hope it gets better soon.
With this stock locked up, at least you don't have to worry too much about it for now. Focus on the family and keep healthy brother!
Thanks Whento! I don't think WERPO is gagged at all, but I do know they are very tight lipped right now. The email communications I've received state that any responses/inquiries with regards to company dealings must be approved by the CEO. I stopped emailing for now because I can't get anything out of them.
I would have loved a note to shareholders, or advanced warning on the R/S with details and explanations. Their current actions are very confusing right now, but through email I'm told that they hope their actions will make sense to us soon.
I can tell you this for sure though, if they didn't surprise us with the R/S, the PPS would be much lower come R/S day. That 20:1 split was assuming a 50% drop in PPS.
Again, I think this is part of their plan. The surprise 20:1 R/S and being quiet this long. I think it's going to make sense soon, or at least I hope.
BBRD WERPO
LOL! Thanks Steven, I also sell "dehydrated water" by the barrel with my slogan of "just add water!".
BBRD/WERPO dropped the ball. I had sent emails of frustration after the ascending line broke. Amateurish? Probably. The ascending line wasn't going to hold without solid news and they didn't pay attention to timing, momentum, and stock price.
They are acting like rookies at best. They're currently not skilled in understanding stock action at the penny level and that may be their downfall. What they are good at is their technology and getting governments to sign up. I just hope they are good enough to get financing now.
I think that WERPO got involved with BBRD because of how clean of a shell it was. I don't think BBRD had anything to do with gambling (for the last couple years) from my research. All of their finances were from their acquisition of Insight Holdings which Rector was mainly involved in.
I believe Insight Holdings made BBRD profitable (not much) and it was their only source of income. Anyone feel free to fact check me on these statements.
I personally don't think that this is a scam and that BBRD and WERPO have teamed up for some nefarious agenda. From my experience, they (Israeli/Jewish) are very calculated, have a plan well in advance, and work very hard to achieve their goal. I think light will be shed soon on that plan and things will make more sense.
Let's say their plan is great and things are set in motion. This stock still may not recover, and I am willing to take that risk as well.
Good luck Steven and hang in there. Please keep posting, frustrated or not, this board listens to you.
BBRD WERPO
Ah, good point Emit. I had forgotten that Steven was in contact with the old BBRD team and they possibly told him or someone else that no R/S would happen.
I completely understand everyone's frustrations. Sure, I have some myself, but it is very brief as I refuse to trade on these emotions. I will wait to hear WERPO's game plan. If the plan is bad or non-existent and the PPS is much lower at that time, then that is a risk I am willing to take.
Steven and other frustrated longs... I understand where you're coming from. I just want you to ask yourself if your emotions are getting the best of your judgement.
Frustrated or not, keep posting and let it out. This team should support during the highs and the lows.
BBRD WERPO
Great question Novae! I'm not sure if any are fully completed and I'm assuming that ZERO are completed or in current production until I hear otherwise directly from the source client and from WERPO.
As for the previous LOIs announced, I think it comes down to financing the rest after the government has thrown some cash at WERPO. Becoming publicly traded and not sub penny should help in being taken seriously by certain financiers.
In my previous posts I've stated that I'm hoping for just ONE single project to be approved, funded, and/or in the works.
I don't need multiple projects. I don't need multiple deployments already completed and revenue generating. Not yet at least at this moment.
If WERPO gives us and PRs that one project is fully funded/financed and in the works, we move up in PPS and possibly beyond the 52 week high.
Other countries and financiers will fall into place once a group of people (a government/client and a financier) believe in WERPO.
BBRD WERPO
Steven, I get where you're coming from. Seeing our investment down, our shares currently frozen, and no word yet from WERPO will definitely shake up many longs.
But let me ask everyone to reply and to provide me some clarity in this fear that is being pushed around.
Our shares are locked up right? But so is pretty much every other stock that pulled a R/S in October! Why should BBRD be any different or faster in releasing its shares? Will all companies who pulled a R/S in the month of October be investigated by the SEC and FINRA?
Where are the PRs and details from WERPO? What PR do you want, good or bad? Let's pretend that a PR was released... what would you do with your locked up shares? Would you be upset if the PR was great and no one could buy or sell in a true trading environment?
Amateur? Sure, with regards to being a publicly traded company, I'll accept that. But they're not amateur when it comes to wave technology or reaching out to governments or trying to get funding, LOIs, and financing.
I get it. Everyone is upset with waiting and being in the dark. There's not much to say, but to keep waiting and relax. I'm sure many will sell the second that their shares are released. But I'm waiting to find out WERPO's game plan.
WERPO didn't go all this way to reverse merge with BBRD, spend 14+ years on this technology and company, just so they could twiddle their thumbs and not have a plan post merger. They didn't do all this for a failed pump and dump or scam.
Listen to the fear in your mind and sell on the emotion. Listen to the reasoning in your head, be patient and trade your plan.
Please anyone, rebuttal any/all my statements. I welcome it.
BBRD WERPO
Hang tight PB, this delay is very common for any R/S. Check out my post #26752. ALL of the stocks (except for 1) from the last 3 weeks of October who did a R/S have not started trading old shares yet.
I think the stock that TP24 was in recently was DRIOD and they took 3 weeks (announced the R/S 2 weeks in advance, and still took 1 week to complete and free up old shares).
We're fine here. This is normal. Just breathe everyone.
Otherwise, show me a recent R/S that has full trading capability now.
BBRD WERPO
Put the pitchforks down people and relax! The only ones who want trading to begin without PRs lined up are the ones who want to sell out immediately. And that is okay to do, it's just not my play or plan.
On 10/24/14, there were 3 stocks that announced an R/S (WLOCD, FPCGD, and BBRDD). NONE of them have started trading again with old shares.
On 10/23/14, there were 4 stocks that announced an R/S (ACCPD, CLADD, EVOGD, and MLRKD). NONE of them have started trading again with old shares.
On 10/21/14, there were 3 stocks that announced an R/S (BOVKD, SLTFD, and SVLED). NONE of them have started trading again with old shares.
On 10/17/14, there were 6 stocks that announced an R/S (GRWID, PLORD, PMLDD, PNCHD, SLMXD, and SSEBD). Only PNCHD has started trading again with old shares.
Calm down folks. I can go further back if you want to see more locked up shares from other R/S. The SEC and FINRA won't do anything and brokers always estimate 4 to 6 weeks. Let's just hope it doesn't take that long.
BBRD WERPO
BBRDD Share Structure - 11/3/14 - Unchanged
A/S - 900,000,000
O/S - 34,500,021
No amendments submitted to change the A/S.
BBRD Profile Amendments
I will continue to update each day with the latest O/S and A/S.
Again, keeping the A/S the same at 900 million is not a bad thing. It is only bad when the O/S starts increasing like crazy and often. There has been no changes to either the A/S or O/S.
BBRDD WERPO
I'm guessing that the updated company profile has a few misspellings. Hard to know what is correct yet on the profile.
Daniel Naimi is actually spelled "Naniel Naimi Pedder" on the profile page. I'm pretty sure it is Daniel instead of Naniel. I also don't think Daniel is part of the Pedder family, but not sure.
BBRD WERPO
BBRD - Updated Business Profile
Looks like WERPO has updated their company profile and has completed their Fiscal Year End re-registration.
BBRD Company Profile
A couple of very interesting things:
1) John Pedder still listed as president
2) Daniel Naimi, who was previously announced would be Director, has a full name of Daniel Naimi Pedder
So Daniel Naimi Pedder may be Shmuel's son? I guess he studied engineering, following in his father's footsteps.
Not sure what to think about Pedder being listed as President still. Possibly an interim status still until all transition tasks have been completed? Maybe he's part of the new WERPO gang now?
What do you guys think?
BBRD WERPO