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gumbie05

03/01/14 12:02 PM

#252387 RE: Cisco_Tajuara #252384

This reminds of episodes of "American Greed" on CNBC where everything seems great on the surface (nice offices, unbelievable PRs, big name endorsments, big charity events, etc...) to the outside investors until the house of cards starts crashing in. In BBDA's case, wait until the day wen something happens to one of the funding sources (i.e. the JSJs of this world) and no one "lends" this company any money because they don't want the spot light on them! You see BBDA doesn't sell stocks to the public, they "borrow" money from lenders who convert the loans at deep discounts to the market. In essence it's like a Ponzi scheme because it's alway predicated on there being enough "public interest" to dump an ever increasing supply of shares by BBDA's lenders. All it takes is for BBDA to not be able to continue to get these "loans" (i.e. either because the regulators go after their lenders AND/ OR go after the company, itself, for making false "financial claims") and the house comes crashing down because they would never be able to support their operations (at current "losses" of over $100K a MONTH) through direct sales of shares to the public (i.e. the price they'll pay for not being a registered, fully reporting, audited co. etc...).

BTW- I'm far from being broke as I have no position in BBDA (or like type companies) and if you look at my previous posts I'm pretty sophisticated in corporate finance- especially small micro cap companies!