Posted On: 01/04/2014 3:29:01 PM
Post# of 730
Now this is where all the pro BBDA people went. I should've been guided here long ago. Nice to see you all here. Whip, gg7, Truebreed, El Lobo, haven't seen you guys in a while. Just have to get GarySt and KULiquidgold here and that might be everyone. What's everyone's take on the raise to 9.8 billion? This discouraged me to sell a bulk of my position but I may get back in at a lower price and double my position. .0004 may be a good target. The rumor is that it was for dilution. That would seem obvious because BW needs 5 million for EU expansion. The other idea which Jgilll over at IHUB had was BW is using the increase as some sort of collateral for the 5million. I was reading about this. Correct me if I'm wrong but this is called stock pledging. The description of it seemed like what BW could be doing here. Any thoughts?
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