Even better if that's the case...means the dilution was very justified and management really knows what their doing...
Although this does looks very interesting not $20 million rather much less see below sc 13G filing and this is only one of 3 filing and the other 2 are not Southridge Partners!!!!!!!!!!!
CUSIP No. 09065C106 13G Page 1 of 4
1. Name of Reporting Person Southridge Partners II LP
I.R.S. Identification No. of Above Person (entities only) 52-2090686
2. Check the Appropriate Box if a Member of a Group
(a) ¨
(b) x
3. SEC Use Only
4. Citizenship or Place of Organization Delaware
5. Sole Voting Power 46,212,122
Number of
Shares
Owned by 6. Shared Voting Power 46,212,122
Each
Reporting
Person
With 7. Sole Dispositive Power 46,212,122
8. Shared Dispositive Power 46,212,122
9. Aggregate Amount Beneficially Owned by Each Reporting Person 46,212,122
10. Check if the Aggregate Amount in Row 9 Excludes Certain Shares ¨
11. Percent of Class Represented by Amount in Row 9 9.999%
12. Type of Reporting Person PN
