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Wednesday, October 06, 2010 9:28:01 AM
I did my homework. BESE did not convert $30 million in debt to common shares. Check out the 10Q dated 8/23/10. Note 11 states that they had a private placement of 30,000,000 shares @$0.005USD. That's a whole lotta difference from what you are spewing. OK, I'll do the math for you-they gained $150,000 in the transaction.
If you had done any homework at all you would see that the market cap for this company is only $436,000, about 1.5% of your so-called $30,000,000 conversion. As information, if the company had converted $30,000,000 in debt to common shares, at a market cap of $435,000 the company would have lost 98.5% of its value based on the conversion alone. I'm not sure anyone would want to buy this stock if that was the case.
In the future, know the facts if you are going to attempt to use them. Making stuff up only points out that you have no idea what you are talking about, yet here you are trying to get people to throw their money at this stock. Peace out.
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