$BMIX Still holding here but will not buy more un
Post# of 218
Posted On: 10/12/2015 1:54:42 PM
$BMIX Still holding here but will not buy more until a couple of things are cleared up:
1) Illiquid charge is removed from Scottrade, enabling myself and others to purchase again without having to switch brokers; there is no reason a company in solid standing is going to be listed as "too expensive to back the purchase on" when trading .0001. This is Marc's job to get removed; it is in the benefit of his company, his creditor(s), and his shareholders (both current and potential).
2) PR stating all variable-rate debt is paid in full. This should also help remedy item #1 above.
3) Clarification that, in no terms and at no time, will the company do an R/S. Today's PR left me suspicious - given that this is the OTC - that the company can and may issue a statement today of "no plans to R/S at this time" yet due to the wording prior in the PR, could enact an R/S as soon as tomorrow, seeing as it is being so subject to a change of heart.
4) Profitability. We need profitability. There is a ton of potential here and earlier PR's seem very promising, even when looking at bottom-end monthly financial projections. The company has set up multiple revenue streams and is eliminating overhead by creating a road that will reduce hourly labor costs, time between excavation and production and, will eliminate gas/wear and tear by reduction of time behind the wheel in a weighted industrial vehicle using expensive OTR tires. Marc and the company may be able to add to their profitability or the elimination of their overhead by selling the used and defunct tires to a recycling entity that that can strip it for its respective elements. This quote comes from the Dragon Polymers page(ticker
RAG) on ihub(DRAG soon to RM with Hitec, so name and ticker may change in coming weeks and months):
"Buhr said Hitec’s technology can break down tires into four component parts — oil, gas, carbon and steel — which can be used as heating sources and diesel fuel additives, for powering electrical generators or be recycled."
These are just a few issues that come to mind in the immediate sense; others may have more to address; all issues being of importance here. I am not impressed that the CEO is meeting with a presidential candidate in such a manner that only brief time is spent in order to discuss relations between the two countries that, given the slow rate of bureaucratic paper pushing, should have absolutely zero effect on BMIX in an immediate sense and only speculative effect in a longer-term scenario. The relationships are great. It is excellent to know that the CEO is a connected man with stellar credentials, but the proof is going to be in the pudding here in so much as making this company profitable, debt-free and of a guaranteed no-risk scenario for current and future investors as pertains to an R/S; the clever wording needs removed and rendered in much more straightforward fashion that is honest to a fault, such as an official 8k stating(the following is an example created by myself and is not to be misconstrued as anything said by or formally released by the company in any medium of communication, written, oral, or otherwise): "All variable-rate debt has been eliminated in full, thereby improving the company's balance sheet. Recent excavations and processing of metalliferous sediment containing gold, diamond and REE's has now sold to client 'ABC' who had currently pre-ordered and is now in full-ownership of raw material, with BMIX as financial benefactor of the transaction in the tune of $XXX amount of dollars gross and $YYY number of dollars net. Also, the company would like to announce that out of respect for repeated inquiries from shareholders, we would like to make an official statement that, due to our recent profitability and elimination of debt, the company will not, under any certain terms in the future of operations, proceed with any form of reverse-split unless to uplist to a national exchange from a position of strength with a bare minimum share price of $.25-50." This is what full-transparency and honest would look like in a PR with little to no risk of being scammed by wording and legalese, presented a company that could no longer be in question or scrutiny by the general public and therefore be deemed shareholder-friendly.
All of the above stated, I am still long here, holding all shares and am very much pro-company at this time. I would like to see things come to fruition here, seeing as the potential here is absolutely incredible. Thanks to all on the investment boards, both here and on ihub(I.T.M.D. especially), for providing such extensive due diligence on BMIX, and continuous updates, both speculative and otherwise, on the company. Good luck to all and a wonderful day. Thank you again for reading.
1) Illiquid charge is removed from Scottrade, enabling myself and others to purchase again without having to switch brokers; there is no reason a company in solid standing is going to be listed as "too expensive to back the purchase on" when trading .0001. This is Marc's job to get removed; it is in the benefit of his company, his creditor(s), and his shareholders (both current and potential).
2) PR stating all variable-rate debt is paid in full. This should also help remedy item #1 above.
3) Clarification that, in no terms and at no time, will the company do an R/S. Today's PR left me suspicious - given that this is the OTC - that the company can and may issue a statement today of "no plans to R/S at this time" yet due to the wording prior in the PR, could enact an R/S as soon as tomorrow, seeing as it is being so subject to a change of heart.
4) Profitability. We need profitability. There is a ton of potential here and earlier PR's seem very promising, even when looking at bottom-end monthly financial projections. The company has set up multiple revenue streams and is eliminating overhead by creating a road that will reduce hourly labor costs, time between excavation and production and, will eliminate gas/wear and tear by reduction of time behind the wheel in a weighted industrial vehicle using expensive OTR tires. Marc and the company may be able to add to their profitability or the elimination of their overhead by selling the used and defunct tires to a recycling entity that that can strip it for its respective elements. This quote comes from the Dragon Polymers page(ticker
RAG) on ihub(DRAG soon to RM with Hitec, so name and ticker may change in coming weeks and months): "Buhr said Hitec’s technology can break down tires into four component parts — oil, gas, carbon and steel — which can be used as heating sources and diesel fuel additives, for powering electrical generators or be recycled."
These are just a few issues that come to mind in the immediate sense; others may have more to address; all issues being of importance here. I am not impressed that the CEO is meeting with a presidential candidate in such a manner that only brief time is spent in order to discuss relations between the two countries that, given the slow rate of bureaucratic paper pushing, should have absolutely zero effect on BMIX in an immediate sense and only speculative effect in a longer-term scenario. The relationships are great. It is excellent to know that the CEO is a connected man with stellar credentials, but the proof is going to be in the pudding here in so much as making this company profitable, debt-free and of a guaranteed no-risk scenario for current and future investors as pertains to an R/S; the clever wording needs removed and rendered in much more straightforward fashion that is honest to a fault, such as an official 8k stating(the following is an example created by myself and is not to be misconstrued as anything said by or formally released by the company in any medium of communication, written, oral, or otherwise): "All variable-rate debt has been eliminated in full, thereby improving the company's balance sheet. Recent excavations and processing of metalliferous sediment containing gold, diamond and REE's has now sold to client 'ABC' who had currently pre-ordered and is now in full-ownership of raw material, with BMIX as financial benefactor of the transaction in the tune of $XXX amount of dollars gross and $YYY number of dollars net. Also, the company would like to announce that out of respect for repeated inquiries from shareholders, we would like to make an official statement that, due to our recent profitability and elimination of debt, the company will not, under any certain terms in the future of operations, proceed with any form of reverse-split unless to uplist to a national exchange from a position of strength with a bare minimum share price of $.25-50." This is what full-transparency and honest would look like in a PR with little to no risk of being scammed by wording and legalese, presented a company that could no longer be in question or scrutiny by the general public and therefore be deemed shareholder-friendly.
All of the above stated, I am still long here, holding all shares and am very much pro-company at this time. I would like to see things come to fruition here, seeing as the potential here is absolutely incredible. Thanks to all on the investment boards, both here and on ihub(I.T.M.D. especially), for providing such extensive due diligence on BMIX, and continuous updates, both speculative and otherwise, on the company. Good luck to all and a wonderful day. Thank you again for reading.
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