Again, no substance, but you use a different definition from everyone else, I guess like you do with "stockholder equity." Breitling traded its properties for most of the shares of a burned-out shell of a company. It then changed the company's name. All liabilities and assets (heh) of BERX remained, but part of the deal is that creditors agreed to trade their worthless loans for something of value, however little it was.
The distinction is material. Breitling avoided the scrutiny of an IPO. Breitling Oil and Gas never went public. Anyone who doubts that can call a lawyer, just about any lawyer, and they will explain it. Whether you understand it is of no consequence. I have a memory that Breitling Oil and Gas was dissolved. I would verify that if it made any difference.
Instead of substance you attack the one who posted. There is a name for that logical fallacy, ad hominem. That's OK, I would post more if it were about you.
At this point, with all the discussions on various boards, if someone chooses to invest in BECC or send money to them for a direct investment, they deserve what they get, good or bad. On this board there is a complete absence of anyone wanting to invest in BECC. So I will go back to the sidelines.
