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Re: variant2 post# 73753

Friday, 06/05/2009 10:25:54 AM

Friday, June 05, 2009 10:25:54 AM

Post# of 289414
variant2, that was harsh but let me get to the point. Removing CE is a cosmetic action IMO. It will not have the impact desired by many (and I mean here "desired" as in wishful thinking). Practically, the CE status is irrelevant as BBDA has already gained a lot of following, activity, and enthusiasm DESPITE being CE and it was CE from the very beginning! Now the major let down is the huge O/S and the possible 2 billion dilution that might happen anytime. Brian did not even declare that he will withhold diluting and from his video he might dilute now, tomorrow, or any time.

CE did not stop many investors from getting in and removing CE will not bring others in and will not stop current investors from getting out. Even if BBDA was trading on NYSE, just the mere fact of a possible 2 billion dilution can make any potential investor escape. Also the fact that Brian keeps acting on the CE and these photos in the Pink office actually make me believe that he's now acting like other "bad" pinky CEO (although I believe he's honest) and he's using the CE thing for fluff to excite investors and keep them busy. This is not what I'd like to see.

Again, CE is irrelevant, O/S and scary dilution are what's important.

Your money, your decisions.