that doesn't affect the fundaments and technicals
Post# of 2198
Compare the "few others" to BMXC? Do they have a low float?
Do they have no toxic conversions or debt? Did they retire 150mil shares?
Audit and current? no gagged TA and updated ss. fully transparent ceo?
With this at 1.00 prior to all these new developments why wouldn't or shouldn't it go back to a dollar? Why did it drop so much? She recieved toxic financing that brought it down to these sub penny levels. Now, it's on it's way back up with much better circumstances. Dont' under estimate this.
the technical indicators all lean towards the gaps and resistence levels As the price climbs this will have less manipulation because there are others which can be manipulated at far lower price with conversions.. This will grow on fundamentals and sales. There is still 1.1 million shares shorted left to cover according to one brokerage house. I suspect this is from the time the coversions were done. Manipulation happened last week along with consolidation. there was a BIG reason why mm's were keeping this thing down. you saw it clearly on Friday how they were playing with the bid/ask.
there is no other safer stock presently out there in the otc. Some are close and comparible. but non without some debt and conversions. you simply can't go wrong with this stock in it's current situation. the ceo is doing everything right. play it any way you want it's a win win.