InvestorsHub Logo
Followers 17
Posts 4177
Boards Moderated 0
Alias Born 08/20/2004

Re: mcmike post# 770

Wednesday, 08/24/2005 1:20:33 AM

Wednesday, August 24, 2005 1:20:33 AM

Post# of 3715
mcmike, sorry I don't have email privileges. But here is a paragraph from their latest SB-2A......
"
As of July 11, 2005, we had 95,577,713 shares of common stock issued and
outstanding and convertible debentures outstanding that may be converted into an
estimated 75,000,000 shares of common stock at current market prices,
outstanding warrants to purchase 54,000,000 shares of common stock and options
to purchase 2,412,381 shares of common stock
"
http://www.sec.gov/Archives/edgar/data/1061029/000114420405022473/v022315_sb2a.txt

Closing Price on July 11 was $1.06

If you add up above numbers, they total to 224M shares! However their latest 10Q states O/S, issued and fully diluted as 72M! And so also the CC. I have a feeling that they must have retired some debt. It is best to get a confirmation from BRVO!

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.