BitNile Metaverse Inc (BNMV)

[TimWJ11]

With a Q2 report like that, I expect to catch my order soon and may set it much lower that previously set... $743 profit is a joke... Operating at a bigger loss now... I would value the company per share maybe around .02 honestly. Sad to say it. I bought in at .05 but fortunately I sold all for .055 later. I really see this falling back.

This part of the Q2 report is very concerning to me:

Revenues

Currently we are in our development stage and have recorded $12,100 of revenue for the three months ended June 30, 2014 compared to $195,595 of revenue for the three months ended June 30, 2013, a decrease of $183,495 or 93.81%.

Also, not a word about any patents! This is what this company is supposed to be thriving off of. In past videos, dated several years back, they expected 30-40 patents in only a few years time. So far, not a 1 has been patented.

However, I do like the merger news still and the fact they havent diluted much and have a very low float.