Replies to post #22656 on Broadside Enterprises Inc. (BRSE)

[Smilin_B]

Oh God....

The OS is now only 8.7M shares, and like i said, after ANY reverse split, the next step is to fire up the stock printing presses again and implement more toxic death spiral financing by way of heavily discounted convertible notes.

And thats specifically what Chris is referring to here but in a much less invasive way:


Over the last year and a half, Broadside has faced many challenges, said Christopher Petzel, Chairman and CEO of the Company. We believe that this change of our capital structure is a vital step towards closing our next acquisitions and obtaining the necessary financing for our future success.

[equijohn]

Think they had to release to remove skull and crossbones.