You think any new CEO taking over ownership/control via reverse merger has any interest in making Eddie's old bagholders rich???` Your money is G-O-N-E.
More that 88% of the authorized shares have been issued and are OUTSTANDING with the money stolen by Eddie. Mind you he acquired BDGR after being dead for over 9 years. The fool he acquired this ticker from --President Thomas Neely-- in 2011 swore the following---
For the period for the period ending March 31, 2011.
Shares Authorized: 30,000,000,000
Shares Outstanding: 22,091,666,667
Eddie authorized another 10 billion and dumped 13billion into the O/S
Any new owner wants to rid himself of all old bagholder liabilities. The way they do that is via a massive REVERSE SPLIT with a disproportionate much smaller, token "reduction'' in the A/S which equates to a huge INCREASE in shares available for new management to issue and sell thereby DESTROYING all old bagholdesrs. Wait and see.
But if news creates a short lived pop IMHO people will be crazy not to dump into the pump before the R/S hits
Bearish