Yep, that's how I see it ... a part of it anyway. Then we have shorting, flipping on top of it. Also, the lower the pps go (however it gets there), the more shares to be converted for the $10K and insiders compensation/bonus. Wonder how the insiders got so many shares (restricted)? Maybe it's the best interest of the insiders to get pps as low as they can during this conversion time and get good amount of shares for themselves.
Remember they are restricted ... so, I guess it's a fair trade as they can't just sell it in the market ...
In all, this is going up starting next week I believe.
This same conversation took place with many companies in the pinks for years. Then stock price moved from .0003 to .033 (GDSM) in 2 months (.0001 to .033 in 4 months) with billions of shares, just like our. He didn't have 1/100 of what we have going on with BRWC.
FITX (.0009) to .12 in two months, is another one and many many more. Same conversion ... the end of the world, CEO is bad etc.... diluting, dumping shares.. etc.
It's the same story.
