So lets breakdown the data as I see it:
- Just uplisted to OTCQB, total transparency
- Has 1.1 million dollar order filling between feb-may
-low outstanding share count of 301,640,836
Out of 500mil authorized
- Ceo Voluntarily retires 150 million shares reducing share count by 33.21% in jan
- online launch scheduled for amazon april 4,
-convertible notes reduced 92% in Jan
-increased its outlook for revenue to a range of $3.5 million to $4.5 million, up from a range of $2.73 million to $3.3 million.
A ton of positive things happening. Growth growth growth!! .
I expect within the following weeks an increase in share price due to access to new investors thru QB market tier. At 40x earnings in 2017 BMXC should trade in the .60 cent range, I will add that 40x earnings is my conservative estimate as there are many QB's trading in the 60-100x earnings range. My prediction for the week ahead we see violent swings as the money managers attempt to shake nervous investors out of their shares and build their customers portfolios. Shorts will attempt to cover as time is limited and if longs can hold out, shorts will have to settle for hitting the ask. Based on market trends I expect to see solid growth by Wednesday if not sooner, Monday may bring dips but I would expect to see lower volume as savvy traders are holding tight until the breakout above the .07 range. Once the stock breaks resistance I firmly believe we see parabolic moves upward. Above .10 would not be surprising by Friday.
Do your own DD and make solid decisions on your investments. Do not rely on message boards for your research and trust only in your personal research!
Just throwing some common facts out to those new investors entering now.
- Just uplisted to OTCQB, total transparency
- Has 1.1 million dollar order filling between feb-may
-low outstanding share count of 301,640,836
Out of 500mil authorized
- Ceo Voluntarily retires 150 million shares reducing share count by 33.21% in jan
- online launch scheduled for amazon april 4,
-convertible notes reduced 92% in Jan
-increased its outlook for revenue to a range of $3.5 million to $4.5 million, up from a range of $2.73 million to $3.3 million.
A ton of positive things happening. Growth growth growth!! .
I expect within the following weeks an increase in share price due to access to new investors thru QB market tier. At 40x earnings in 2017 BMXC should trade in the .60 cent range, I will add that 40x earnings is my conservative estimate as there are many QB's trading in the 60-100x earnings range. My prediction for the week ahead we see violent swings as the money managers attempt to shake nervous investors out of their shares and build their customers portfolios. Shorts will attempt to cover as time is limited and if longs can hold out, shorts will have to settle for hitting the ask. Based on market trends I expect to see solid growth by Wednesday if not sooner, Monday may bring dips but I would expect to see lower volume as savvy traders are holding tight until the breakout above the .07 range. Once the stock breaks resistance I firmly believe we see parabolic moves upward. Above .10 would not be surprising by Friday.
Do your own DD and make solid decisions on your investments. Do not rely on message boards for your research and trust only in your personal research!
Just throwing some common facts out to those new investors entering now.
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