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Re: Restructor post# 249940

Tuesday, 02/11/2014 12:18:38 PM

Tuesday, February 11, 2014 12:18:38 PM

Post# of 289415
You nailed it the first time...There will be NO "exchange" in the sense that many (unfortunately for them- wrong) have stated. IF...again IF there is EVER any new company (NewCo) that in essence, takes over the "operations" of BBDA (i.e. acquire the "assets" to market and distribute a "PRIVATE BRAND" [Koma UnWind] owned by two individuals, only, and NOT by the "current shareholders" of BBDA)...BBDA will announce that the current shareholders (the few remaining when this hits $0.0001 with 9 BILLION SHARES ISSUED & OUTSTANDING) will have a "right to purchase" the shares of the NewCo at a "discount to the market" of whatever price it eventually begins trading. Yes, that technically is like a "Subscription Right" or a Warrant but unlike a warrant it's not in the same company you're invested in but in a whole new public co (scheme) that "might be" on the OTCBB (sic- "uplist"). Whether all this passes muster- who knows? At the moment they will most likely "try" to pull off something like this- once this goes down to $0.0001 and they can not (or may not want to) do ANOTHER reverse split! Most will wonder why not simply do another R/S? Simple: they've burnt every bridge possible and there's only so many players that will continue to "loan" BBDA funds (in the form of the Convertible Debt [Death] Notes) at these levels with lower and lower volumes. Remember...the company is probably burning through $100,000 to $150,000, or more, in cash- a month!! That's over a $1Million Dollars each year they have to come up with to keep the company going. Do the math...it's getting harder and harder for them to get the funding (even through the Toxic venues they've been using) they "think" they need just to keep the lights going. The Whole "Up listing", "new" Exchange, "different company", NewCo, etc...is ALL a Smoke Screen in order for them to continue the charade to lure a whole new crop of "newbies" under a different symbol, name, etc....The rest is just conversation.