There's a lot of detail in the RIGH Quarterly. Bas

There's a lot of detail in the RIGH Quarterly. Basically there was a swap of debt for shares: 750M shares (don't know that the strike was published, but it would likely be $0.0001 or perhaps $0.000075 (25% discount)). PC is correct that there will be revenue recognized from the sale of RIGH shares. That's good for $BCAP shareholders. Cash can be used for other purposes. This was always the intention of the convertible debt.

Bottom line on RIGH: Over the next couple of quarters expect to see at least $275k revenue generated from that debt.

$TGGI is more complicated and we still need to learn more as to how $BCAP intends to realize gains from its debt holding there. $BCAP holds $300k convertible debt. The debt as far as I understand from the $TGGI Quarterly is still accruing interest at 18%.

If we work on the knowns:

1. TGGI isn't tradable right now

2. BCAP owns TGGI debt which cannot be extinguished without BCAP's consent.

3. TGGI owns several subsidaries

Hypothetical 1 Possibility of a swap of subsidiaries in return for debt writeoff in lieu of shares with possible S-1's of those subsidiaries as independent companies down the line???

Hypothetical 2: BCAP performs S-1('s) for subsidaries, (all or some) debt is written off and BCAP has free trading shares to dispose of once the S-1('s) is complete.

These are hypotheticals, so I just don't know more about the treatment of the debt at this time.