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anian

11/22/13 1:35 PM

#78468 RE: CancunCharlie #78467

Awesome, what is the timeline for all these billions of shares to be converted? TIA

A new thought came to me today.....

Beerge most likely knows exactly how many shares were converted, sold and what is left to be sold.

Just maybe he is waiting them out. He might be waiting for ALL the outstanding converted shares to be sold, THEN release the monster news for a monster run!

Possible? yes, I think it is!

Charlie

Italianaviator

11/22/13 1:58 PM

#78474 RE: CancunCharlie #78467

When has Berge ever looked out for us???

UNDAUNTED

11/23/13 8:59 AM

#78550 RE: CancunCharlie #78467

Interesting theory, but let me say 2 things about that:

1) It would be 100% contrary to the way Mr. Abajian has acted since becoming a public company re: convertible debt coming due & the timing of news.

2) Mr. Abajian is going to need to go to Asher again in the future, if he 'screws' them they may not do business with him again. These arrangements are made based on the understanding the lender (Asher) will be able to sell 'into the news'. If he gets a reputation in the 'Convertible Note Lending Community' (CNLC) as a guy who doesn't 'play ball'. Many of his sources of funding in the CNLC might quickly shut their doors to him.

Asher & similar companies do NOT need BRGO, BRGO needs them.