InvestorsHub Logo
Followers 1199
Posts 205223
Boards Moderated 8
Alias Born 03/22/2006

Re: None

Tuesday, 11/15/2016 3:48:25 PM

Tuesday, November 15, 2016 3:48:25 PM

Post# of 14382
Few Key Facts/Bullet Points RE: BNXR..

Shares Outstanding/OS: 24,629,832

Shares Authorized/AS: 100,000,000


Float: 22,075,130(as per otcmarkets but free trading/not held in the single mils based off of open market ownerships of ceo, directors,and some shareholders etc)

OS has been untouched and unchanged for years. As well as a very important fact that BNXR has NEVER used or had any toxic financing nor any sizeable debt. Liabilities as of last filing in sept shows under 42,000 dollars of liabilities only. Making this a very clean QBer when keeping in mind the numbers and market cap. A potential market cap of 5 million dollars would equate to .20 pps alone based on the 24m OS. 10 million .40.

New CEO as of sept owns over 10% of the OS on open market with over 270,000 dollars invested with an average over .10. Other filings from a few others show around the same. Check filings from the past years. Took over the company via the courts. Have to ask oneself why he would go thru all this considering his investment in the company at that level if he didn't have big plans for this to create a nice ROI for stakeholders.

CEO Jeff Beckett(Read Sept 18th 8k and preceding 13g/d filings of his and other insider ownership purchased on open market on BNXR) who is also the founder of Retail Velocity who has partners such as Microsoft, Best Buy, Walmart, etc etc list goes on..


https://www.retailvelocity.com/resources/retail-partners

https://www.retailvelocity.com/


Now if you check Retail Velocitys address it is now the same exact address listed on Otcmarkets company info for BNXR now showing this MI address which 1 can see if you look at both.
This is potentially very significant but at the same time Mr. Beckett is based out of MI so while his appointment as CEO of BNXR there are a few different avenues BNXR can take from here.

My take: The absolute homerun would be Retail Velocity merging/going public via BNXR public vehicle. This would be the dream come true from here for investors imo considering the potential worth of this company. Also keeping in mind the CEO is an investor at higher levels and wanted to take BNXR on a better path than last ceo etc. Next avenue would be for them to start acquiring more working interests and land for their O and G business. With O and G prices being down where they are lately I believe its a great time for companies to take advantage of these depressed prices for those working interests and land acquisitions. Third avenue would be a whole new company coming in and divesting of the O and G assets. Either scenario is a good 1 for me and I do believe these prices to be a bargain based on potential and where this has been in the past with the same exact SS.

The next moves ie filings, press, etc will shed light on the company's future since the new ceo took over in September. But I do expect the quiet/transition period will soon turn to updates, news, filings and the subsequent move north for BNXR. GL2USALL and GL to BNXR!

When most least expect it...BOOM out of nowhere..what will transpire here IMO!)) BRING IT!