Replies to post #205005 on Bebida Beverage Company (BBDA)

[turnert]

I know...I'm assuming the 500 as a basis for valuation until I know for sure (we are still gagged are we not...lol)

[Sputnik]

Preferred shares are not part of the O/S until they are converted to commons. Nobody knows what the conversion factor is for the Preferreds Brian issued to himself. Could be 10 to 1. He will be increasing the A/S soon. That you can take to the bank.