I'm not going to comment positive or negative.  IMO these 4C's...

I'm not going to comment positive or negative.  IMO these 4C's are made up out of thin air and no one really knows what their fiddling fingers are doing behind the scenes.  Rabbits and Hats etc etc...

Just adding some facts / information here that could help everyone who's interested (DYOR etc - investigate - it'll help you in the future to make better decisions):

There was indeed $1mil invested into BPG around April 2018, for 100m shares (Convertible Notes) at a price of 1c per share (i.e. 100m shares):


Those 100m shares would make the buyer appear on the top 20 - right?

Let's Check:

Hmmmm - Could it be?  Chris Carr & Betsy Carr

These guys are super wealthy - $1m is nothing to them - a quick search and they appear in the top 20 for loads of companies, VAR, SRN, IRC, EFE, ITL, PVE... the list goes on.  These are not micro caps stocks.

My guess is that they helped BPG out for the 8%P/A interest rate, compounding daily, not because they think BPG will make a huge success.

You may also want to consider that Phua also bailed out BPG with $411k of his own money, to keep them afloat... in the 31st Jan 2019 announcement, they paid him back $300k:



The point I'm trying to make is, is that BPG management are probably running out of friendlies, or will need to start borrowing at higher interest rates, or give even sweeter deals to lenders.

They really need to start raking in cash from their overseas debtors that they reported, the millions owed to Wine Power etc.... but as I said, IMO it's all made up with fiddle fingers.

ALL IMO - just speculation only and complete guess.
DYOR
MSN

Ps. anyone want 2.4m BPG shares for $0.003c (pre July) - BPG are not the only ones running out of cash at the mo.  Let me know