Bebida Beverage Company (BBDA)

[kidnova]

No, he did not say it was a 1:1 share transfer. He said you would receive shares pro-rata. So, if you own 1 million shares today, or .02% of the outstanding shares you'll receive .02% of the newly issued shares initially. So if they start with 1 million OS shares you'll get 200, which would mean you own the same amount of the OS as you do here. The problem is that he will quickly start issuing new shares after the conversion and your ownership % will drop significantly.