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reaper247

03/27/14 12:31 AM

#578 RE: Hoodriver1 #577

Hoodriver1,

You have asked a very good question, its just that nobody that I know of has an answer yet.

Before Breitling Energy BECC went public, the Bering Exploration O/S was around 38M.

If you don’t know the float, its best to assume that the entire O/S is freely trading.

Post merger, the O/S was 499M to allow Breitling to take controlling interest.

We are waiting to see if a large portion of the O/S is reduced and returned to the company treasury.

That filing should be coming soon along with amended financials.
Once the company provides that information, we will have a much better idea of where we stand here.

To be honest, the R/S to uplist is not even a concern for me personally. Some opinions will vary from mine, but I feel pretty good about the prospects here.

IMO and FWIW.