daytrade diaries... december 7, page-24

For those considering trading BRD

1) Cash balance Sept 30: $500,000

2) From Qrtly Activities:
"The general meeting also obtained shareholder approval for the issue and allotment of up to 150,000,000 new fully paid shares within three months from the date of the general meeting, at terms set out in the explanatory memorandum for the meeting."

Meeting was Sept 21.

3 months from Sept 21 = Dec 21.


150mn share placement by Dec 21


hope this helps