my similar experience was with bell resources, bell group and bond corpration in 1992. The bell resources bonds returned 3 times and the ordinary shares ten times and the bond corporation bonds a couple off cents in the dollar. I still have bell group shares, there still is no formal liquidators notice.
I had enough bond corpration bonds to get a seat at the bondholders table in London . I still remember one young banker with a pink shirt and a grey tooth saying let's put them into liquidation and break for lunch.
A couple of us got together and proposed a deal and Bond continued on and still managed 2 christmas parties at Observation city.I had a seat on the board for two or three meetings.
This bnb feels the same . Just change some of the letters of the names you can even keep the first initials. The bnb bankers should do a deal the same as before just depends on who is in the room at the time? I would not be surprised if the german banker has a pink shirt.
implant
BBI Price at posting:
2.8¢ Sentiment: LT Buy Disclosure: Held
