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Can everyone try to post the KU Facebook comments here before they delete them from their page?? It would be interesting if the Koolaid drinkers there have woken up to what's happening!
BW has already solidified his deal (and his cut) in the NewCo so there isn't any need for him to worry about "his" exchange since his shares in BBDA (just like everyone else's') will be worthless since the public co (BBDA) will be shut down. You have to remember that he doesn't think he's "screwing" anyone since he's going to "give" BBDA shareholders to buy into the NewCo. BBDA shareholders may complain and bitch about it but BW will simply say that he gave everyone (in BBDA) a "one for one...shot" to buy shares in the NewCo (which will supposedly be more valuable since it will be a reporting co) at a....."discount to market". That's how he's going to justify this move. Kind of like saying you could have bought Google at $75 before the $85 IPO! Defining who got screwed, to the SEC, will not be easy!
These statements are "partially" true in that the "value" might be what he claims as well as the part of "for every"...what he omitted is that in order for you (i.e. BBDA shareholder) to "own" any part of the new Co. you have to first "BUY" into it. The proportion of the "discounted" shares available for you to "BUY" will coincide with how many shares you currently own in BBDA. These deal structures are not uncommon (in the penny world)....since BBDA never owned the KU Brand (more like distributed it only) the New Co will simply "allow" the BBDA shareholders to buy into it at an initial discount. Keep in mind that if BBDA shareholders were simply allow to "exchange" their shares, on a one for one basis, with a NEW Co that would be listed and fully reporting the SEC would require an audit of BBDA which by now most of you know would be virtually impossible! Ask ANY auditor, SEC atty, B/D, small investment banker, or others involved in these small deals and they will confirm that there is NO WAY possible to roll over BBDA shareholders (on a one for one basis) into a NewCo that will be listed and fully reporting without sparking off an audit of BBDA. BW knows this and his only "redemption" with BBDA shareholders is sort of "giving" you an "opportunity to buy" into the NewCo at a discount. You may not think this is fair but that's the deal that's on the table......
What's going with the Direct LED and the clothing company?...those seem more interesting IMHO.
Why do you (Whip) even say things like this....if you haven't bought shares yet then you must surely know that this shell (BBDA) is going to shut down and become worthless. BW has said so publicly- there are people here who actually think they're going to get shares in the new Co. in "exchange" for their BBDA- that's NOT what BW said. What you're going to get is the "right" to purchase shares (at "a discount") of the New Co. which will supposedly be listed on a higher exchange. If you're looking to invest in anything remotely associated with this you should wait 'til that deal comes to fruition...in fact pull BW aside and tell him you're interested in that deal. I'm sure he'll take your $$- no questions asked! BTW- this is all perfectly legal and BW has been direct in telling everyone his intentions- so know can cry later and say "they didn't know"! Unfortunately, but true (stated many times on these boards)- your investment in BBDA will be wiped out- unless you opt into the New Co.'s offering whenever "that" deal happens!
Hey Hava....are you being serious in asking that (about BW actually "buying back stock" since all he's ever done is dilute- i.e. sell) or are you being sarcastic? If so, it isn't really funny.
Please share a link because I don't see ANY negative comments on their FB! I too think this POS is a sick puppy because of the non-stop printing press but let's keep things accurate here with "proof"! Thnx
interesting...good DD. stay away from penny stocks I always say! Lol
hida has the exclusive license to the brand- as per the S1 filing
went to their website and called 2 of their distributors listed. their biggest problem: company can't keep up with demand!
Actually THAT company is for real....watch the 1st Qtr Revenues when they come out! Not public yet but there is an offering at $0.25 with only 10M shares o/s! The licensed products they have (GRAN NEVADA) is actually selling in about 1,000 plus stores. I guess they knew NUVM was full of sh*t so they pulled the plug and decided to go it alone!
So it begins....
It NEVER happened....see link
http://finance.yahoo.com/news/gran-nevada-beverage-inc-issues-223400981.html
OK, understood...my misunderstanding! Thank you for clarifying your position....I traded this a while back but I too no longer have a position in this stock. i don't trust the people running it- especially BW. I met him once in NY and he's clueless as a door knob and arrogant to boot!
PAR VALUEhere we come!!! $0.0001
Geeeez...who didn't see this coming?? Lol
CEOs of Pinks NEVER buy stock....they don't have to- not when you own the PRINTING PRESS!
Who do you think got out when this sic puppy ran up in June? BTW- I'm here like others that have (still are) warning people about this SCAM!
HIT THE $0.0030 Bid and get OUT while you still can!!!!!
Now you'll be able to watch it go from $0.02 back down to $.0004...funny how life is! "Did you enjoy your ride with us today?", said the Roller Coaster Ride Operator!
Then you just answered your own question..."who bids at...?"
That's funny...you really believe that $.0033 or $.0030...makes a difference to company that needs $150K-$200K/ a month to operate? Who gives a rat's a#* who's bidding $0.003,$0.0031, $0.0032, etc.? A promoter, Debt Spiral Notes people like Asher Capital, idiots trying to trade this for a "fraction" of a penny...The fact remains that BW needs $150K+ a month to meet payroll (namely his), marketing b/s like the racing crap, and all the other things you see on FB pics with their people handing out "free" samples on Wall Street- of all places!
They can keep "selling" 50,000,000 shares a month which bankrolls their operations (scam) to the tune of $150,000 a month.....that's how they pay for all the things you see (pics) on their FB page!!!!
NOT "Shipped"...."Produced"! BIG difference.....
It seems that their biggest hit will come from their holdings in that Hispanica food company! IMHO
What will come first? $0.005 or increasing the "Authorized Shares" to 5 BILLION SHARES! Word has it that's it's going to be the latter..........