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Bemax Inc. BMXC
(Total Views: 582)
Posted On: 12/31/2017 2:23:20 PM
Post# of 2199
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Posted By: BUMPERCARS
I hate this guy but I have to say he's right in this instance.

I-Glow Member Level Saturday, 12/30/17 11:08:23 AM
Re: allenc post# 33550
Post #
33552
of 33552 Go
You keep saying undervalued but the facts say BMXC is overvalued.

In the last 10-Q the revenue was only $1,642 - after being in business for over 5 years that is difficult to explain.

Then there are the huge issues that the CEO won't explain:

1. The $700k write off
2. The $1 million in losses
3. Where is the $1.1 million from the Bethel contract
4. Why did she engage in toxic financing after promising shareholders that she wouldn't need anymore financing.
5. Still not on Amazon or Mr. Checkout
6. Revenue for last 10-Q $1,642

The Revenue is a disaster - the CEO should explain all of the above - there is a complete lack of transparency.

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