Provided BBI survives, BEPPA conversion is not a problem for BEPPA holders, only BBI holders. The possibilities are 1. BEPPPA are paid out in cash at around $1.20 per unit 2. BEPPA are converted and holders get $1.20 of shares for each unit. 3. Some combination of these
In case of 2 this could give a humungous number of issued shares but a 100:1 consolidation would cure that.
Have been slowly converting and as of today I now hold only BEPPA
BBI Price at posting:
4.2¢ Sentiment: Hold Disclosure: Held