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Posted On: 02/02/2017 6:45:03 PM
Post# of 2199
Here's additional info to consider.....
The CEO communicates her agenda with shareholders then updates with 8Ks to confirm she has followed through.
Some examples,,, She converts 150 million of her own shares to 50 million preferred & locks them up for a minimum of one year. Then she drops an 8K! All toxic notes have been converted & no more toxic debt is taken on. Then she drops another 8K! This appears to confirm what she told us & is all part of the plans to Up List. No doubt we will get an 8K when she follows up on the Up Listing. Not that we'll need it but you can bet we'll get another 8K on or around April 4th when the company begins selling on Amazon.
Now consider the implications of her last PR,,,
...................................................................
http://www.otcmarkets.com/stock/BMXC/news
Edited excerpts from the PR,,,
Tuesday, January 31 2017 10:00 AM, EST Bemax Inc. (OTCBB: BMXC), a growing global distributor of Disposable Baby Diapers, is pleased to announce today that it has received an $1.1 milion purchase order from an existing client, a major distributor of the Disposable Diaper in the emerging South and East African markets.
Taiwo Aimasiko, CEO of Bemax Inc. "The size of this purchase order clearly reaffirms the quality of our private-labels and eliminate the need for financing."
...................................................................
Those excerpts are all I needed to read.
Think about that, eliminate the need for financing!
Okay, maybe she's just talking about this one deal,,, But if she doesn't need financing she must be pretty damn close to CASH FLOW POSITIVE!
That implies to me that she's not real far off from reporting EARNINGS. Not revenues,,, earnings as in actual profits!
OTC stocks in the penny neighborhood don't generate profits. If they did they wouldn't be trading in the pennies anymore.
I have a feeling this stock, BMXC, will not be trading down here at less than 2 cents a couple months from now,,, not long before our CEO reports the first profits.
But then again I could be wrong. We have to wait 6 or 7 months.
So anyway, like I said, I looked really hard & I just can't find it!
The CEO communicates her agenda with shareholders then updates with 8Ks to confirm she has followed through.
Some examples,,, She converts 150 million of her own shares to 50 million preferred & locks them up for a minimum of one year. Then she drops an 8K! All toxic notes have been converted & no more toxic debt is taken on. Then she drops another 8K! This appears to confirm what she told us & is all part of the plans to Up List. No doubt we will get an 8K when she follows up on the Up Listing. Not that we'll need it but you can bet we'll get another 8K on or around April 4th when the company begins selling on Amazon.
Now consider the implications of her last PR,,,
...................................................................
http://www.otcmarkets.com/stock/BMXC/news
Edited excerpts from the PR,,,
Tuesday, January 31 2017 10:00 AM, EST Bemax Inc. (OTCBB: BMXC), a growing global distributor of Disposable Baby Diapers, is pleased to announce today that it has received an $1.1 milion purchase order from an existing client, a major distributor of the Disposable Diaper in the emerging South and East African markets.
Taiwo Aimasiko, CEO of Bemax Inc. "The size of this purchase order clearly reaffirms the quality of our private-labels and eliminate the need for financing."
...................................................................
Those excerpts are all I needed to read.
Think about that, eliminate the need for financing!
Okay, maybe she's just talking about this one deal,,, But if she doesn't need financing she must be pretty damn close to CASH FLOW POSITIVE!
That implies to me that she's not real far off from reporting EARNINGS. Not revenues,,, earnings as in actual profits!
OTC stocks in the penny neighborhood don't generate profits. If they did they wouldn't be trading in the pennies anymore.
I have a feeling this stock, BMXC, will not be trading down here at less than 2 cents a couple months from now,,, not long before our CEO reports the first profits.
But then again I could be wrong. We have to wait 6 or 7 months.
So anyway, like I said, I looked really hard & I just can't find it!
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