BPZ Res. Inc. (fka BPZRQ)

[C C]

why I wait them out before investing all out
lotza debt being cancelled out or transferred to new entities for pennies on the dollar
look at pages 13 & 14 of 16

#5 is a $ 356 million asset transferred
#7 is a $71 million asset transferred
#13 is a # 243 million asset transferred

totalling $ 670 million in assets transfered to new company in Caymen Islands

for $ 8.5 million....assets moved to the Camen Islands for pennies on the dollar to be manage by a holding company is my guess

only assets left is 3 turbins....doubt they get much for them...like they gave away other assets

http://www.kccllc.net/bpz/document/1560016150727000000000001




cc