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BBRD Share Structure - 11/25/14 - Unchanged
A/S - 900,000,000
O/S - 514,500,028
Float - 14,500,028 (estimated based on 500 million restricted shares)
Previous O/S on 11/14/14 - 514,500,012
Previous O/S on 11/10/14 - 34,500,021
No amendments submitted to change the A/S.
I will continue to update each day with the latest O/S and A/S.
Last time the R/S came through, OTC Markets updated faster than their TA. We may see the slight change next week. Nice find ESQ and team!
Hey Dank, do you remember or know if the NTEK PRs through MPA hit on the iHub board? I wonder if it will hit all outlets or if we need to reach out to them?
Nice job Brad on the communications! Good to know more PRs are on the way. Should be a good holiday season :)
Agreed Chiron! I think many of us will start to hit or surpass our break even levels. I was able to lower my average last week, but I'm holding for a while.
If anyone sells good luck to you, keep following the board, and say hello from time to time!
BBRD Share Structure - 11/24/14 - Unchanged
A/S - 900,000,000
O/S - 514,500,028
Float - 14,500,028 (estimated based on 500 million restricted shares)
Previous O/S on 11/14/14 - 514,500,012
Previous O/S on 11/10/14 - 34,500,021
No amendments submitted to change the A/S.
I will continue to update each day with the latest O/S and A/S.
Hey Lufrance! NTEK is trading lower but they haven't had an R/S that I know of and their share structure and float is a big difference.
I don't own NTEK, but I've seen their PRs hit multiple times before. From what I remember, their PRs are timed right, informative, provide some good meat, and their spelling is on point :)
I'm excited to see what MPA is capable of before I decide how I feel about them. I'm definitely excited about WERPO outsourcing their investor relations so that WERPO can focus on WERPO.
What's good TP! Hope you and the fam are doing well. Are you getting hit by the snow storms I've been hearing about?
Yeah, I'm pretty glad to hear about the developments so far. I think they could have explained or given updates a lot earlier though. It would have stopped the massive sell off if we weren't stuck in the dark during the R/S and O/S increase.
Using a PR firm is something we've been asking for since the beginning. They definitely hear us, listen, and follow through.
I also like the change in law firm and accountants. This pretty much removes all past dealings/relationships and is a true new start for BBRD/WERPO. Any thoughts of scam and shady dealings with past BBRD executives should dry up.
All good things so far now that we're getting updates. Definitely late which hurt most of the longest longs. Putting that behind us, I think WERPO is on the right foot now and doing all the right things to get this party started.
Per OTC's site they are in San Diego. The 858 area code matches up to SD also.
NY was for the split and restricted shares. Hopefully it was for financing opportunities also.
Good call on the MPA financing options Dank. Their website says they handle that as well.
Hi Brad! I think there is no stopping the storms from destroying WERPO's deployments in very rough seas.
However, if you look at the locations, countries and coastlines where WERPO is selling their solution, you'll notice that it resembles Israel's Jaffa Port in most cases.
WERPO's port based solution is designed for calmer seas with relatively low variance with regards to changes in waves, weather, tide levels and sea forces. I think that when governments sign up for WERPO their engineers will survey multiple locations and perform the research to decide on the optimal location based on sea/weather conditions and accessibility.
WERPO also has a sea based solution that is not attached to land. This was described in a few articles.
Even with all the research I don't think they'll beat Mother Nature in many cases. But they did state that maintenance, labor, and replacement parts weren't terribly expensive and could be handled by locally trained workers.
Also if something breaks that may mean more money for WERPO :)
BBRD NEWS 11/20/14 - New PR Team!!
Original post #28091 from jimmc
WERPO CORPORATION (BBRDD) COMPANY PROFILE
WERPO was erected on the 16th of July, 2014. The company was founded by Mr. Daniel Naimi, an expert in hydraulics, electronic control and computerized systems. WERPO completed a reverse merger and split with Blackbird International Corporation, which was finalized on the 10th of November, 2014.
WERPO has taken over SDE Ltd's operations in order to further promote SDE's unique sea wave energy technology in the public OTC market. With the assistance of Mr. Ovadia, inventor of the hydro-pneumatic method and former CEO of SDE, the transfer of all SDE's rights, including IP's, contracts and subsidiaries, to WERPO has been successful.
WERPO has gathered a team to aid with its goal of promoting its unique sea wave energy solution and is still in the process of recruiting additional experts. Currently we are happy to announce the top tier members of the WERPO team: along with Mr. Daniel Naimi, founder and CEO, and Mr. Shmuel Ovadia, a director, we have appointed Mr. John Pedder to be the president of WERPO. Previously CEO of BBRD, Mr. Pedder assisted in the reverse merger process and will remain with WERPO to aid in its first steps into the public market.
In order to further assist the company, an advisory committee has been erected. This committee currently consists Mr Mr. Shusteri trained as an electrical engineer, managing a public company (TVG) in the NASDAQ market in 2004 and further assisting the development of energy projects around the world. We are working on adding other such experts and talented individuals to our team.
In addition, to assist with the company's PR as well as with raising capital for exciting new and upcoming projects, WERPO has hired the well known Maximum Performance Advisors in the US. With their assistance, along with WERPO's team of devoted professionals, we believe our Sea Wave Energy will truly be able to change the world.
WERPO has also been accompanied throughout the reverse merger process with BBRD by Balter, Guth, Aloni & co. (BGA) Law Offices - one of the largest law firms in Israel with international reach and a team of professionals assigned to assist WERPO in its entry into the public market.
About Wave Electricity Renewable Power Ocean (WERPO)
WERPO was erected in 2014 to take on the public shell of BBRD (now BBRDD) in the OTC market, and this in order to promote its unique sea wave energy system. The technology developed by its affiliate, SDE Ltd, is based on the utilization of sea waves to yield hydraulic pressure that produces electricity while exploiting the full potential of wave speed, height, depth, rise and fall, and currents beneath the surface of the water. Energy density in waves is high compared with other renewable energy sources such as wind power and solar power. Over a year, the energy output is approximately 3 times that of solar or wind technology.
Results and experimental fieldwork conducted in Israel and abroad indicate that the energy production from sea waves by SDE’s technology cost of 2-6 cents for 1KW, a significantly lower cost compared to other renewable energy technologies (for example, wind energy – 12 cents, Solar Energy 16 cents). In addition, SDE’s technology allows an annual output of 65% – significantly higher yield compared to other renewable energies (wind energy – an annual output of 24%, solar energy an annual output of 22%).
Under the development of SDE the system attained patents worldwide, as well as patents pending and was even chosen number one in the world in its field by an independent team of scientists (PESWiki). Currently WERPO holds all rights to SDE's technology, IP, contracts, subsidiaries and so on. In this manner, WERPO hopes to spread this unique sea wave energy solution around the world, aiding those regions most in need.
Forward-Looking Statements
This news release contains "forward-looking statements," as that term is defined in Section 27A of the United States Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Statements in this press release that are not purely historical are forward-looking statements and include any statements regarding beliefs, plans, expectations or intentions regarding the future.
WERPO COMPANY STRUCTURE
CEO and Director: Daniel Naimi
Expert in hydraulics, electronic control and computerized
Systems.
President: John Pedder
Previously CEO of BBRD, Mr. Pedder assisted in the reverse merger process.
Board of Directors:
Daniel Naimi, Shmuel Ovadia, John Pedder.
Shmuel Ovadia
Inventor of the Hydro-Pneumatic sea wave energy system,
chosen number one in its field by an independent team
of researchers (Peswiki) and previously CEO of SDE Ltd.
Advisory committee
Yigal Shusteri
Trained as an electrical engineer, managing a public company
(TVG) in the NASDAQ market in 2004 and further assisting the
Development of energy projects around the world.
Israel Enden
Formerly a Corporate Real-estate Broker, Enden is experienced
in Due Diligence and Dealing with Major financial Institutions
worldwide. In addition, he is experienced in brokering and
financing Major Energy projects in Germany and the UK.
External Consultants
PR Consultants
WERPO has hired the well known Maximum Performance Advisors in the US to assist us in promoting our technology and making sure our shareholders and investors are continuously updated.
Law offices and Accountants
WERPO has been accompanied throughout the reverse merger process with BBRD by Balter, Guth, Aloni & co. (BGA) Law Offices, One of the largest law firms in Israel, as well as by BDO Ziv Haft, an accounting and consulting firm ranked amongst the five leading industry firms in Israel.
For further information please contact:
Maximum Performance Advisors, Inc.
858-381-4677
shareholders@werpo.us
BBRD Share Structure - 11/21/14 - Unchanged
A/S - 900,000,000
O/S - 514,500,028
Float - 14,500,028 (estimated based on 500 million restricted shares)
Previous O/S on 11/14/14 - 514,500,012
Previous O/S on 11/10/14 - 34,500,021
No amendments submitted to change the A/S.
I will continue to update each day with the latest O/S and A/S.
Mixture of things. The main thing is the news we got today through Jimmc's post. I'll sticky it once I touch down at work.
Also everyone is finding out how awesome this float is! 14.5 million float locks up quick!
Per a recent PR we are expecting more news about projects and updates in the upcoming weeks.
Interesting dippy, maybe has to do with the D dropping today? Did you put up a bid or try to hit the ask?
Something called account restoration! Keep holding team! Look at the price jumps on low volume and buying pressure! This float is sick.
Jim, you rock brother! Looks like our team has a new email address to reach out to. Has anyone tried it yet to see who is responding?
Shareholders@werpo.us
Hey Maz, do us all a favor and unfollow this board. Thanks!
News was a rehash of a previous PR that was sent out before the merger completed. I think the news is pretty good as the first PR of several.
China project is alive and kicking. This is just a pilot project as part of a larger deal and should bring in enough revenue to keep them afloat for a while. It will also help them to get their process down, improve on their designs, and show other countries a live working model.
No one sold on this rehashed news and the PR may have helped with reassurance. That is a good sign that there is only one direction for BBRD to move, which is up from here.
I think the D will be dropped soon, and I hope more news (new news) will come out when we're back to BBRD.
Exactly PB! Any sort of decent buying pressure and BBRD will start testing .20 (.01 pre-split).
If we keep getting news week after week, this could start looking really good for us. We definitely have the longest of longs holding currently. Good luck to everyone!
Anytime Jack! You were spot on about the 8s getting slapped. Loving the climb out of the black hole. This low float is awesome!
BBRD Share Structure - 11/20/14 - Unchanged
A/S - 900,000,000
O/S - 514,500,028
Float - 14,500,028 (estimated based on 500 million restricted shares)
Previous O/S on 11/14/14 - 514,500,012
Previous O/S on 11/10/14 - 34,500,021
No amendments submitted to change the A/S.
I will continue to update each day with the latest O/S and A/S.
BBRD Share Structure - 11/19/14 - Unchanged
A/S - 900,000,000
O/S - 514,500,028
Float - 14,500,028 (estimated based on 500 million restricted shares)
Previous O/S on 11/14/14 - 514,500,012
Previous O/S on 11/10/14 - 34,500,021
No amendments submitted to change the A/S.
I will continue to update each day with the latest O/S and A/S.
Who is "Yuri Ben Non"?? I did a Google search and nothing substantial came up. I don't mind if he resigns since that name isn't associated to WERPO.
Did you know "Yuri" is how Ukrainians spell the Israeli name "Uri"? Hmm... pretty interesting isn't it Inna B?
Thanks for putting BBRD on your back Jack! LOL, we really should account for your shares in the float :)
No worries Elbriso, same here. Just decided to step away for a bit to calm down and wait it out. I think based on the last couple of days we've confirmed that the float is extremely low and I'll be checking everyday to make sure the O/S doesn't increase significantly.
There was supplemental information released by BBRD/WERPO regarding the 20:1 reverse split and that they issued
Looking good so far! I'm still here and holding, just trying to lay off the boards too much and focus on work.
Good luck team!
BBRD Share Structure - 11/18/14 - Minimal Change
A/S - 900,000,000
O/S - 514,500,028
Previous O/S on 11/14/14 - 514,500,012
Previous O/S on 11/10/14 - 34,500,021
No amendments submitted to change the A/S.
I will continue to update each day with the latest O/S and A/S.
The 16 share increase in the O/S probably has to do with the distribution of restricted shares between each of board members.
Dough, I'm pretty sure there won't be an 8k since one isn't required for OTC Pink.
I would like to see some PRs that were stated in their last update. They said we should hear about their projects over the next few weeks.
You're awesome as usual! Thanks Steven!
That is some very interesting information you pulled down. Well done!
I'm in agreement with you. The R/S and O/S increase was a shock to investors and the stock tanked. I'm sure WERPO did not expect their 500 million shares to be worth around the .02 range.
I think we'll find out more information once we see how the 500 million shares were split up and who they were given to.
I'm sure WERPO is pissed about the PPS as they were expecting a much bigger market cap (per their most recent interview article). This couldn't have ended amicably between Pedder and WERPO.
Good info Chiron! Did anyone catch this small tidbit in the news update yesterday??
BBRD Share Structure - 11/14/14 - Unchanged
A/S - 900,000,000
O/S - 514,500,021
Previous O/S on 11/10/14 - 34,500,021
No amendments submitted to change the A/S.
I will continue to update each day with the latest O/S and A/S.
Good points Rain! There's definitely a lot of headroom to increase the O/S. But with 500 million being split up by the board, will they dilute and lower the price on the stock they own? Definitely possible, as I'm sure we won't stay at a 15 million float for too long.
I check the O/S and A/S everyday. I'll make sure to keep everyone informed.
Let's hope for a low float, great news, and momentum.
I wonder how much longer Pedder will be running the show and how many restricted shares were given to him. He needs to go.
Had a long day at work and just catching up on the news. So it looks like the low float is intact!
This will run for sure. Need to find out how long the shares are restricted for. Some whales can own a huge portion of the float at this price.
Wonder when project news starts coming out? If one project is fully funded the PPS will skyrocket with a 15 million float.
Working at a client site today. Won't be able to post.
If you guys are looking for answers I would start emailing and calling Pedder and Rector.
The WERPO team, including Ovadia, is clueless on the publicly traded business side and they don't have any control over PRs.
Ovadia is old, sold off his company to BBRD, and is helping to transition the projects to the younger crowd. This is why he is only an Advisor on the Board of Directors. He's not running the show even for WERPO.
BBRD Share Structure - 11/13/14 - Unchanged
A/S - 900,000,000
O/S - 514,500,021
Previous O/S on 11/10/14 - 34,500,021
No amendments submitted to change the A/S.
I will continue to update each day with the latest O/S and A/S.
No information of Restricted Shares is provided by the Transfer Agent
I hear you PB, and this is what I'm trying to figure out and what doesn't make sense to me.
Yigal Shusteri is the CEO of WERPO, but not of BBRD. BBRD owns WERPO and the CEO or President of BBRD is John Pedder per the 10/31 filing.
I also called and confirmed that Insight Holdings is still an active subsidiary of BBRD, much like WERPO.
I don't think we'll ever get a ticker change because BBRD is the parent company with multiple subsidiaries.
I think BBRD bought SDE's patents and created WERPO. Ovadia isn't calling the shots as he sold his company (SDE Energy) to BBRD and he is also getting old and past retirement age.
We ignored Pedder the whole time thinking WERPO was taking over, but I think it was the other way around. BBRD is in full control.
As for the 480 million shares, I think most are given to key members of BBRD and WERPO. This would be our best case as it would most likely be restricted and the float would be low.
If Yigal Shusteri was in control we would have had a PR by now. They'll do an interview article, but not release a PR? I don't think so.
Also the R/S was handled by BBRD's legal counsel which I called and confirmed. Part of the NY trip was to hash out the shares and details.
Let me know what you guys think. I don't know why Pedder is quiet right now, but I hope we'll get an answer soon.
I'm holding my shares until more light is shed and we're not playing the guessing game.
Here's an interesting thought...
If Pedder is still President (per 10/31 renewal filing) then how many shares were given to him? He didn't have much before from my understanding since he wasn't listed as a 10% owner.
Could this be Pedder's doing? Poor PR, then meeting with the team in NY to decide on the R/S and O/S increase? This may have been to get shares in Pedder's hands and maintain strong control of BBRD?
Please check my logic. I'm probably not thinking straight, but isn't it odd that Pedder is still in the CEO or President chair?
WERPO is asking and willing to do an article and spread the word immediately. How come they haven't sent a PR with the same info? They aren't in control of the business side! WERPO thinks PRs are sent through some Canadian law firm!
The answers lie with Pedder or Rector.
Thoughts??
Thank you Steven for reaching out to Pedder multiple times today. I'll be busy at work tomorrow, but if you don't mind trying again that would be greatly appreciated.
I don't know what they're hiding or why they're not explaining themselves right now. Per Israel it sounds like the PRs are in the hands of BBRD (Pedder) which is evident as we have seen no PRs from WERPO directly.
So this brings us to an interesting point. Assuming what Israel stated is true, the WERPO team is working hard and may be accomplishing what their PR states. However, the ones controlling the company, shares, and PRs is BBRD (Pedder).
Pedder and Rector is our only play at this point. We need to get some kind of answer from them.
With regards to your stock flipping plan, I think there is a possibility that may work, however, I'm done with BBRD. I have bought all that I am willing to buy.
Good luck to you Steven and thank you.
That's a great point Mad Money, but I checked my emails, pre-merger from Ovadia (when I really think it was by him, even though it always says "on behalf of"), and I compared it to the ones we're getting from Israel Enden.
The verbiage used is different, along with punctuations and capital letters, and Shmuel always got my name spelled correctly (Jonathan), where as Israel can't get my name correct if his life depended on it (Johnathan, Johnathon, but never "Jonathan"). I always include just my name and email in my signature, I don't get why he can just look at my name to spell it correctly.
I think it is Israel on these emails to be honest, but I don't doubt the possibility that it could be Mr. Ovadia
Thanks Steven! I called and emailed earlier, but Pedder may have gone home for the day already.
I'd like to know if he's still running the show, especially because the Company Profile renewed on 10/31 and he was still President.
I'd also like to know about PRs and when we're going to be notified of WTH is going on. I don't get why they won't let the PPS breathe. We're in a constant downward spiral right now and they just need to say anything to help stabilize it.
I guess what ever you can find out is great. It definitely seems like the BBRD team (both Pedder and Rector) are here to stay. BBRD now has Insight Holdings and WERPO as subsidiaries.
Are you talking about the T-Trade? It was around $4300. Based on the R/S, then the O/S increase, and VFIN on the ASK today at .04 I'd guess a large shareholder is selling or we are getting diluted and the float is increasing.
Too hard to guess anymore without knowing the O/S structure, but the T-Trade points to selling pressure in this case.
You're right PB, I'll try to restrain my frustrations. It's just ridiculous where the PPS is at now and we're still left in the dark.
Looks like there was a T-Trade of 143181 shares today at .0298. Lots of selling pressure near the close.
Let's hope they made a large enough change that forces them to announce via the OTC Pink Requirements within 4 business days.
I called Insight Holdings and confirmed that they are still a Subsidiary of Blackbird International and that Lee Rector (and of course his assistant) still work there.
Major dumping near the closing bell... WTF