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I just keep thinking to myself how I would do this if I was BBRD and in it to scam everyone. I would have a massive PR every week, perfectly timed to keep the price up while I sold or diluted. Even if I had to completely make them up, there would be news and hype all over the place. We have gotten nothing but silence. So either they REALLY suck at this game, or they're not even playing the game we think they are.
Absolutely ridiculous that we are having this conversation. Who goes public then goes dark?
The new 480M shares minted today would make someone 53% owner of the total A/S. 55% if it is being combined with The already existing 20M restricted. Why would they do this large of an amount but not the whole 900M? If the goal is to screw the current investors, they could have just issued the whole A/S and cut us all down to less than 2% ownership combined. This number of new outstanding shares just doesn't make sense on the surface.
I don't see how they can just issue themselves more shares in exchange for nothing, any more than I could. We're all just shareholders now, including the management.
I agree that it doesn't make any sense. Why go to all this trouble, spend all this money, and do all this paperwork, to go public on the OTC if they don't plan on doing anything after the merger is complete? I think there is a lot going on behind the scenes and it will come out soon. At this point, I'm so far in the red that it doesn't make any sense to get out now. At this point, any further red days are completely insignificant. Only up days matter. My bet is placed, and I'll either make a million bucks off this thing when something finally happens, or I'll be holding for a long long time hoping something eventually happens. Either way, I'll have an interesting story to tell.
Are you drunk? Type a coherent sentence for the love of God.
Are you people serious? Once the R/S was initiated, it's up to the FINRA, OTC, and all of the brokers involved, not the company. They are in no way at fault for it taking any amount of time. They are at fault for not communicating, but do you really want a PR while trading is held up? No. We want a massive PR on the day trading opens!
Dude, once the paperwork is filed, it's out of their hands. Blame your broker for being slow.
Because the page another poster submitted from the NV AG office a couple days ago showed the date it was submitted as 7/24/14 and it officially closed exactly 90 days later. Maybe I'm wrong, but that's how I read it.
The R/S was set in motion before the merger even closed. This was supposed to BE the beginning.
Well they are going to have to kick that PR train into high gear if they expect anyone to be interested in buying. I'm holding firm until I see big dilution, but we need regular updates on what's going on so we can attempt to put a real valuation on this thing.
But unless the number of authorized shares decreases, they would be free to issue more in the future. Much better for the company to raise money by selling those shares to the public at $1 than 1 cent.
That is an interesting hypothesis. If you can't buy a Nasdaq shell, make one. If that's their plan, then the lack of substantial PRs so far makes perfect sense. Maybe they were waiting to let everything loose until after the R/S. Really, even if they wanted to dilute in the future, it's in their best interest to sell those shares at a much higher price. I'll ride it out until I see dilution.
That's my thought exactly. All pennies are gambles. I just believe this one hasn't hit its big run yet, and I want to be there when it does.
The only thing that makes this negative is people's reaction, because they aren't sure what the next move could be. One thing to remember is if this was a scam company, they sure haven't done a very good job of scamming or making money off of us. It's hard to be a pump and dump without the pump. The merger just happened, and the PR train hasn't even started yet. This would need to go up significantly for them to make any money. That means even if you're betting against BBRD, you're still betting the price is going to go up.
For the love of God, can someone re-post what the heck happened today? I just logged in and saw the dump. But why?????
I'm glad Reliance is in the past. They are not someone we want to be associated with. Looks like they tried to talk SDE into using them in the past, but nothing ever came of it. They are still using us as news to help legitimize their business. Nice to know we're such a prize that the crappy financiers WISH they could do business with us.
Reliance Partners scares me...
I don't think the ticker symbol does jack for share price. Save the money and invest in the projects. I listened when TDD$/GRC@ changed tickers and that flopped big time. It's not worth the lost time or productivity.
There are plenty of rediculous small businesses in OTC land. The only reason I invested in BBRD is because this business CAN'T stay small. You can't be a small player with patents in this arena. As orders pile up, financing finds a way as long as they get their cut. People are worried about fractions of a cent when they should be thinking dollars! I saw a commercial on TV last night encouraging young people to go into the engineering field, and one of the examples they used of future technology was wave electricity generation. The masses don't even know this exists yet, but when they do, every country, state, and major city will be wanting to jump on the bandwagon, just like they did with wind and solar.
Financing makes sense. That's where all the VC firms are. Give those VCs as many of the restricted shares as it takes to get this off the ground. I couldn't care less about SDEs old owners or their pocketbooks. All that matters is finding a way to get this train moving in the right direction and making money.
No one is even getting scared and selling. That's what continues to be funny. The volume so far today is only 1% of the float, but that 1% that has traded, has done it very cheap. Until we see VOLUME and traders actually trading, fluctuations in share price mean nothing. One person trying to buy as many shares as I have right now would move this above .018 to fill.
Just a few years ago BBRD was trading at .17 with the same share structure and low float. After acquiring WERPO, this company has WAY more value than it did back then. I didn't invest my rent like a moron, so I'm holding out until we get to our true value range.
Kind of BS that $310 can make an 11 point difference in this stock. Things are wound so tight, give this a little gas with the right news and who knows where we could end up.
The jump to .0094 at the very end was me. I had a little spare change left in my account and couldn't bare to see this close the week in the 80s. My buy went through in two chunks. One for 10,000 and another for 23,000
Not that long ago I personally was stupid enough to do all my buying and selling in blocks of about $8,000-$12,000. I don't believe for one second that there aren't other newbies like me out there. Every time I have traded it has shown up on the L2 under one of the MMs. Is it that far fetched to believe that the trades on L2 are just traders buying and selling? Granted the 500-20,000 share trades are a little suspect. I think if the MMs are buying or selling in bulk, they do it with the big t-trades. On a day like today with such low volume, every little trade we do has an effect. Am I wrong?
I'm no basher. Definitely not a shorter. I would happily post a screenshot of my TD Ameritrade app showing my $8,4500 invested with BBRD if you need that as proof. I'm just saying in this arena it's hard to be the little guy. Startups often get copied if they don't have patents and bought up if they do, and it would be quick money for all if we got bought up for our true valuation instead of having to prove it over years. That $3B in orders is mouthwatering to a company with the capital to start all at once tomorrow.
Even if this thing just grows organically, we should all be holding for significantly higher prices. Back in 2011 this same share structure was selling in the $.16-.17 range. With this type of technology and potential, we should easily cross that quickly.
My BBRD wet dream is for Siemens, GE, or some other major corp to swoop in and buy this technology and all the projects we have in the works outright. I've got my shares, now sell this beast to a corp with money to blow and the ability to get this going much faster.
I REALLY hope they don't waste a bunch of time and money doing a ticker change to such a terrible name. It's obvious by the order of the words that an English speaker had no part in the name. They could just stick with blackbird which actually has a nice ring to it, or new name all together to seal the merger as one brand new company.
What is the difference between SDE and WERPO? Aren't they the same people? Posters on here are talking like they are separate companies.
What is going on with these people and their 10,000 share trades for a lousy $100? The commission on that trade would make it not worth it.
I say keep the name. BlackBird has a nice ring to it!
The price won't be going down any time soon. I've got 600,000 shares and I've already got my buy order in to make it an even million for the morning! GLTA!
If I personally own more than half of the trading volume of an entire day, then the float is locked. Any significant buying pressure or catalyst will move PPS sharply. I see today as a mixed message. Yes, people aren't selling, but I haven't seen big buying pressure either. We need everyone on I hub to know about and be watching for merger news so we get the biggest bang for our buck when the last minute people are trying to get in at any cost on news day. This could easily be a top breakout of the year if enough people know about it. How much was the last merger breakout a month or two ago, 1500% up?
Looks like someone took one for the team and loaded up on the ask. Looks really thin to .080. Huge gap between the bid/ask too. It'll be interesting to see how this does in power hour.
I am really not impressed with Cox. Calkin needs to give his friends the boot and recruit some professionals. Majority rule? That's a great thought when it suits your purpose, but there was a time when segregation was legal in The majority of states. Gay marriage is outlawed in the majority of states too. "Majority rule" isn't always such a great thing.
Because not everyone is sitting at home at their computer waiting for PRs to drop. More people learn about it throughout the day. Even more will learn of it when they get home and see the red. Tomorrow morning will gap down, then rebound a bit IMO.
Glad I sold at .02. I like the company, but I could see a mile away that the run up before the expo was going to come back down. I'm back in for twice as many shares when this hits .01
Insiders sell when the stock has been pumped to its highest point. This quite obviously has not been lol. If it had been pumped, we'd all be much happier right now. Short term anyway.
Hold Calkin Accountable. Demand the acquisition of CCI.
Right now I'm on Calkin's side, but the truth is, if GRCU goes big time he wins along with us. If GRCU never amounts to anything, he gets to walk away and leave us with the losses. As shareholders , you need to demand the full time and attention of your CEO on just one company. We need him to have some skin in the game to keep him working for the PPS. Every minute spent on CCI or CSU is a minute not spent on GRCU. UNLESS... GRCU acquires these companies!
Demand performance accountability. Demand that Calkin put CCI on the line.
Be careful what you wish for. If Calkin puts out a PR today that says nothing more than "We showed everyone at the expo the bottle we plan to use when CBD caps go live" PPS will fall sharply. CBD caps were already announced. You likely won't get another PR until they go live and the advertisements begin. It costs money to do PRs. They aren't going to do one unless there is something worthy of announcing. The expo was a free PR for them. I would bet they were counting on people posting the pictures and videos.