DIMINISHING RETURNS: The situation now fall sunder the imperative of diminishing returns. After a company has been around for sometime and a lack of performance becomes clear, the sales of shares start falling under the imperative of diminishing returns. It is sort of like fiat money: the longer it goes on, the quicker the value disappears and, if one still aims at raising a certain amount of money, the objective becomes unattainable because the number of dollars behind the prying eyes becomes less and less regardless of how many shares at issued. This company is reaching that point. It took nearly five year after the restructuring to issue nearly 150 million new shares. Now, after the increase in the AS comes about, issuing o150 million shares will take half the time and when sold into the market, these will bring in a lot less money that the prior 150 million shares. Thus, another R/S becomes necessary. But any CEO that has one lick of sense wouldn't want to increase the AS into the billions, so an R/S becomes a forgone conclusion. A 1-for-10, 1-for-20 or even worse becomes un avoidable in order to maintain a relatively low share structure and avoid a sub-penny price. Yet, these steps will wring out less and less money from the marketplace until it yields practically nothing in return. By then, the scam will be over. Trading dries up even if there are billions of shares outstanding. At some point, even trying to run an honest business becomes impossible. The company's finances will have deteriorated to the point that no recovery is feasible. The Pinksheets market is littered with hundreds if not thousands of such stocks that just continue to exist but which never do anything. They are abandoned, useless. BCCI seems to be heading that way. At this juncture, recovery seems highly unlikely. The only solution would be to run an honest business from scratch and maybe a few years down the road things will change. But after all these years of scheming and plotting, those who run this outfit will be unlikely to ever be able intellectually or emotionally to change their approach.
