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Posted On: 04/18/2017 10:07:26 AM
Post# of 736
BRSE nothing but buys at .0002 so far this morning.
103,000,000 shares traded at .0002 with a 600,400,000 share bid.
Let the panic sellers SELL
As far as I'm aware, BRSE has lost nothing because the company had set aside a LOSS RESERVE PROVISION
A loan loss provision is an expense that is reserved for defaulted loans or credits. It is an amount set aside in the event that the loan defaults.
BRSE is covered.
Read below:
"On or about April 10, 2017, Framepool filed for insolvency in Germany. As a result, the Company has created a loss reserve provision of $1,579,543 in these financial statements for any contingent liabilities pertaining to the Framepool transaction and has not consolidated its financial results with these financial statements as previously anticipated.
The amount of the loss reserve provision is equal to the sum of the Framepool Consideration and the Framepool Loans. "
And more POSITIVES below:
Debt Settlement
On February 10, 2017, the Company entered into debt purchase and retirement agreements with three unrelated parties. As a result, $35,000 in debt listed under Other Short Term Payables as of December 31, 2016 was removed from the Company’s books in return for a cash payment of $7,800 which has been made in full as of the date of this filing.
Broadside Enterprises Ventures Division
On March 28, 2017, the Company announced that is exploring a number of the real estate and natural resource opportunities in Africa, including a potential transaction with Léono Solar Solutions.
Broadside Enterprises Entertainment Division
The Company is currently in negotiation to acquire a group of companies (i) developing a series of mobile apps for entertainment professionals and consumers, and (ii) providing IT outsourcing services.
Management
The Company is currently negotiating an expansion of its senior management team.
Advisory Board
Broadside Enterprises is currently in discussion with several individuals to serve on the Company’s advisory board
103,000,000 shares traded at .0002 with a 600,400,000 share bid.
Let the panic sellers SELL
As far as I'm aware, BRSE has lost nothing because the company had set aside a LOSS RESERVE PROVISION
A loan loss provision is an expense that is reserved for defaulted loans or credits. It is an amount set aside in the event that the loan defaults.
BRSE is covered.
Read below:
"On or about April 10, 2017, Framepool filed for insolvency in Germany. As a result, the Company has created a loss reserve provision of $1,579,543 in these financial statements for any contingent liabilities pertaining to the Framepool transaction and has not consolidated its financial results with these financial statements as previously anticipated.
The amount of the loss reserve provision is equal to the sum of the Framepool Consideration and the Framepool Loans. "
And more POSITIVES below:
Debt Settlement
On February 10, 2017, the Company entered into debt purchase and retirement agreements with three unrelated parties. As a result, $35,000 in debt listed under Other Short Term Payables as of December 31, 2016 was removed from the Company’s books in return for a cash payment of $7,800 which has been made in full as of the date of this filing.
Broadside Enterprises Ventures Division
On March 28, 2017, the Company announced that is exploring a number of the real estate and natural resource opportunities in Africa, including a potential transaction with Léono Solar Solutions.
Broadside Enterprises Entertainment Division
The Company is currently in negotiation to acquire a group of companies (i) developing a series of mobile apps for entertainment professionals and consumers, and (ii) providing IT outsourcing services.
Management
The Company is currently negotiating an expansion of its senior management team.
Advisory Board
Broadside Enterprises is currently in discussion with several individuals to serve on the Company’s advisory board
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