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Re: powerbattles post# 27517

Thursday, 11/13/2014 1:31:14 AM

Thursday, November 13, 2014 1:31:14 AM

Post# of 39713
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.