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Tuesday, July 16, 2013 9:41:33 AM
Current shareholders will be given a discount to market offering on our NYSE Company and then the OTC BBDA Company will be dissolved by me and gone forever.
Looks like if current shareholders want in to the new company they'll have to buy in. I wonder what happens to the existing shares they hold in the current BBDA?
Unless I'm missing something, this is a huge question that goes unanswered in the shareholder update.
And of course, as has been pointed out many times, a company with no audited history can't just magically appear one day on the NYSE, even if it met the listing requirements, which BBDA in any form clearly does not.
Anyone?
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