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Is bpmi a shell or do they actually own bpm specialty?
$BPMI: Is the OS here still only 2Milly shares........
Looks ver cheap for an active manufacturer.
Only $0.04/sh here with Lumber at Record High Prices ????
https://www.bpmpaper.com/
https://www.bpmpaper.com/Media_Channel/1114%20IOM_PlantNews_BPM_web.pdf
https://integralpx.com/wp-content/uploads/seepex_case_study_a_pump_choice_for_paper_coating_transfert.pdf
GO $BPMI
Stock publisher promo with the low outstanding share count
Is that confirmed. Or speculated? I see a very legit reason this is likely moving, but I want to rule out 'some groups pump' first. Didn't see pumping out on the board. Ticker barely even out there.
Any reason for the sudden price spike? Someone trying to pump this?
Seems this company is legit, but they're dark.
Plus, they're in Packer territory. *barf*
weeeeeeeeeeeee mannnnnnnnnnnnnn
Holding 33k
can someone slap that ask tomorrow? =)
.0031 x .20 what i spread ,!!!,,, poor/RICH weeeeeeeeeeeeeeeeeee
what's the share structure here? i couldnt help but notice the values in the ibox are several years old.
I wonder what he will be using the shell for? http://www.medibix.com/company.jsp?company_id=10006635
James Azzar shows up as owner in the link above, same person reported to have purchased all the shares he needed to own Badger Paper (news posted in ibox)
2 @ .025 then 2 @ .03 then .07 then blue skies
what's the ask after .025?
ALways was a thinly traded issue $10.00 years ago
weekly chart shows 5.00 potential-->
yep...we just need some buying
bankrupt FCEN went to .50 recently from .01 with 5m o/s, this one has only 2m o/s and didn't file for bankruptcy
this is worth a few dollars imho maybe more for just 2m shares
oooops I didn't even realize that the last trade was at ask
.025 prints
25k bidwhack so far
just 1 @ .025?
well he won't be able to get alot at the bid
Looks like some1 want in !!
just so thin only 10k traded and up 339%. Any real volume goes to .10+
nice uptick today, what's going on?
Yep No shares below here !
.02 x .025 ut I bet only 200k traded puts this at .05 NO SHARES
yep, no selling here below !
.015 x .025 now on air...IF this ever had volume it would be crazy lol
.01 X .025 THINNNNNNNNNN
.01 x .02
Looks not bad !
nice find.
Been a while since I looked at this. I think just doing some searches thought I saw the Bomarko link:
http://www.secinfo.com/dRKGe.56t.htm
website is down...hmmmm
where'd you get Bomarko Inc? http://www.bomarko.com/about%20bomarko.html
he's the owner of the stock
James D. Azzar succeeded Tuesday in buying much of Badger Paper Mills Inc. to appease the Peshtigo papermaker's creditors.
This happened back in 2005, what has or may happen now? Is the mill operating, will he merge it into Bomarko, Inc?
Seems there are many possibilities here that could send this flying... TIA!!
Do we know where majority shareholder James D. Azzar fits into all of this today? TIA!
weeeeeeeeeeeeeeee
lets hope!!!
might be like lenxq for next week
after golden cross, those asks should fall imho
.03, hill, pert
.05 nite
.07 hdsn
.14 etmm
what's the ask lineup after .03?
03 = fake walllllllll 25k??
we know it next week
break 04 Y. gonna be hugh )
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Filed Form 15 on October 14, 2005 http://xml.10kwizard.com/filing_raw.php?repo=tenk&ipage=3730911
Badger Paper Mills, Inc. manufactures paper and paper products. The Company produces both fine and specialty paper products. These products include virgin and recycled papers as well as printed and waxed packaging products for customers primarily located in North America. The Company operates ISO9001 certified manufacturing facilities in Peshtigo and Oconto Falls, WI.
Authorized Shares: 4,000,000
Source: 10-Q ( 08/14/2003 )
Outstanding Shares: 2,057,253
Source: MGFS ( 08/11/2005 )
Badger Paper Mills Inc
200 West Front Street
P.O. Box 149
Peshtigo, WI 54157
P: (715) 582-4551
F: (715) 582-4853
Major shareholder buys much of Badger Paper |
Wednesday, November 16, 2005 19:35ET |
By Joel Dresang Nov 16, 2005 (Milwaukee Journal Sentinel - Knight Ridder/Tribune Business News via COMTEX) -- Majority shareholder James D. Azzar succeeded Tuesday in buying much of Badger Paper Mills Inc. to appease the Peshtigo papermaker's creditors. Azzar, whose previous bid was spurned by company management last month, got a takeover approved Tuesday in Marinette County Circuit Court, where Badger Paper was under a receivership proceeding, similar to bankruptcy. Badger Paper's lenders had forced the company into selling off assets to settle debts after the company had defaulted on credit agreements. Azzar, of East Grand Rapids, Mich., for years had a running battle with Badger Paper management. He owns businesses in Michigan and Indiana that have bought from and competed with Badger Paper. One of the companies, Bomarko Inc., in Plymouth, Ind., makes specialty coating and flexible packaging for the food and medical industries. Details of Azzar's approved bid weren't available late Tuesday after the court hearing, but Paul Bouthilet, chief financial officer of Badger Paper, said he spoke with Bomarko executives Tuesday and expected to meet with them today. "Right now I have no idea what his intentions are," Bouthilet said of Azzar, "other than common sense would suggest that if you spend money on something, you're going to use it." Another bidder, turnaround investment company Meriturn Partners, had made a run for Badger Paper's assets, at one point offering about $8.4 million. "If Meriturn hadn't been involved in this, there would have been a whole lot less received for the assets," said Daryl L. Diesing, who represented Meriturn for the Milwaukee office of Whyte Hirschboeck Dudek. A chief employer in the Peshtigo area since 1929, Badger Paper struggled to specialize in niche products such as waxed paper for candy wrappers, fast-food sandwiches and disposable souffle cups. Faced with rising costs for energy, fiber and health benefits, the company -- which once employed more than 450 workers -- used buyouts to cut its payroll by about 50 jobs, or 20 percent, last year. This summer, Badger Paper shut down one of its two paper-making machines in Peshtigo, ending work for another 100 employees. The company said the machine accounted for about two-thirds of the company's paper, but about 40 percent of its output was unprofitable low-priced commodity-grade copy paper. Badger Paper reported $72 million in sales last year but suffered a net loss of $7.6 million, its third failure to show profit in five years. In September, management announced a tentative agreement to sell Azzar the 75 percent of the company he didn't own for $1.25 a share in cash, or about $1.9 million. Last month, the company said it called off negotiations with Azzar and said it would end its registration with the U.S. Securities and Exchange Commission and arrange to delist its thinly traded stock. Badger Paper's share price, listed over the counter, was 16 cents Tuesday. To see more of the Milwaukee Journal Sentinel, or to subscribe to the newspaper, go to http://www.jsonline.com. Copyright (c) 2005, Milwaukee Journal Sentinel |
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