MOMO'S BREAKOUT BOARD

[$$$DEEJ**$**MONEY$$$©]

FBCD - notes from the 10Q today

Here is a link to the 10Q

http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=8002672

First as predicted no Super Rad Corp assets are listed and once again there are no revenues for the shell. They have never had a penny of revenues ever.

Some things of note from the 10Q

Somehow the company which has no full time employees and only one officer managed to spend $1,169,254 during the 3 months between January 31, 2011 and April 30, 2011. The company which has never had any operations or revenues ever now has an accumulated net loss of $20,658,132 since its inception on May 31, 2006.


In 2011 lenders to the Company converted $14,500 of notes payable and accrued interest into 14,500,000 shares of common stock.

That is a conversion ratio of $.001/share. Great deal since the stock is trading over $.02/share.


The company has only had one lender and that is Enable Growth Partners LP.

In 2011 Enable Growth Partners LP converted $1,562,500 of notes payable and accrued interest into 2,500,000 shares of
preferred stock which convert to 1 share of common stock each which would be a conversion ratio of $.625/share.

On March 31, 2011, the Company approved the creation of Series “A” Restricted Preferred Stock. The Company approved the surrender, conversion and exchange of certain Senior Secured Convertible Debentures with a principal amount of $1,562,500 held by Enable Growth Partners, LP, Enable Opportunity Partners, LP, and Pierce Diversified Strategies Series ENA. As a result of the conversion of the Debentures into Preferred Shares, the Shareholders were issued 2,500,000 Preferred Shares. The fixed price per share for this Debenture conversion is $.625 per Preferred Share.


If Enable Growth Partners LP also got to convert $14,500 in debts to 14,500,000 shares of common stock we need to recalculate what they were really given for the elimination of those debts and accrued interest.

17,000,000 shares for $1,577,000 would come out to $.09276/share. That number makes much more sense.

Also makes you wonder if they have any other remaining debts which will get to be converted at $.001/share that could being that average down even further.

It does only say Certain Senior Convertible Debentures and not ALL.