Thursday, March 20, 2014 4:28:26 PM
Hi BBDA Team,
In response to some of your inquiries....please note (no pun haha) we do NOT "dilute" the BBDA shares structure. That you'll have to take up with the company. We simply "loan" the company money at which point they have to repay us the full value of the loan, plus interest and fees. The company(BBDA) repay us with common shares at the time the loans are due by "Converting the money due into common shares" at a "50+% DISCOUNT to WHEREVER the shares are trading when the notes are due"! If BBDA needs to authorize more shares (which they've done on numerous occasions to meet the terms of the loan agreements) then that's an issue between management and its shareholders- NOT us! We are currently lending BBDA funds every 6-8 weeks and as these "Convertible Notes" come due they are being disclosed in the limited information found on the financials. We are obviously NOT investors in BBDA since we sell all our shares once the loans are converted and mainly because there are new loans that are due and need to be converted subsequently thereafter. We do so on a 6-8 week cycle to the tune of several hundred MILLION SHARES per cycle!
Life Is Sooooo Good!!!
Best of Regards,
JSJ Trading Dept
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