The change in BBI's fundamentals was their admission that the...

The change in BBI's fundamentals was their admission that the asset sales were not going ahead. That was what we were all banking on, DBCT was going to be our saviour.

But now it's not going to happen and they have decided to get the new investor in to provide capital to pay off their immediate debts.

All well and good, however, they stated their intention to fully convert SPARCS and BEPPA, not only that but before the investor even got a look in.

If they announced this a week ago, at 13 cents, it would've been okay. But at 7 cents, the dilution leaves no value for shareholders, so they sell and it goes lower forever.