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Alias Born | 01/30/2012 |
Wednesday, February 15, 2017 9:35:48 AM
If you work during the day, this is the kind of stock you don't need to watch all day - in my view.
At the outset, remember at all times the CEO is a fully qualified accountant. I've often thought that an accountant is the best person to run a company as they know how to keep costs down and under control.
Everything I say in this post is independently verifiable on third party websites outside of Ihub.
https://twitter.com/Bemax_Inc
http://www.otcmarkets.com/stock/BMXC/news
Bemax Files For OTC QB Listing - 8K!
http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=11854573
Upcoming Events For Bemax:
1) Amazon listing in April. They will be supplying Chlorine free diapers and also baby wipes to Amazon USA. They will be announcing pre-order dates in March.
2) Uplisting to a higher tier OTC Market imminently, which should happen some time in late February.
3) Full entry to the $5.6bn USA market with direct sales.
4) Also Stock Whale has found out that the CEO orders diapers from the company her husband works for in Quatar. See this excellent DD post by Stock Whale and Whiz
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=128384545
Some Recent Events.
1) 150m - 33% Share reduction to improve shareholder value.
Bemax Inc. Retires 150 Million Common Shares of Company Stock, Reduces Issued and Outstanding Shares
http://www.otcmarkets.com/stock/BMXC/news
2) Bemax Inc. Reports Second Quarter 2016 Results and raises earnings forecast to $3-4m for this year!
3) Bemax Inc. Receives New Purchase Order for $1.1million
Deliveries Starting in February 2017
to Be Completed in May 2017 - So it will be in this years financials!!!!!
In the above press release See this part:
with Bethel Imports
paying for each consignment
before
shipment by Bemax.
Bemax expects to complete shipment of this order in Q4 2016,
which set the company on track to meet its projected revenue for the current fiscal year.
"We continue to commit to our growth and marketing strategies in the emerging markets through competitive pricing, quality products, and lower overhead costs," said Taiwo Aimasiko, CEO of Bemax Inc.
"This demonstrates commitment to our strategic plan to enhance and sustain shareholders' value and confidence in 2017 and beyond.
The size of this purchase order
clearly reaffirms the quality of our private-labels
and eliminate the need for financing."
The company gets orders paid for UPFRONT! NOOO Need for toxic financing, or even bank loans which is huge!
4) See this article from the Wall Street Journal when Amazon announced they were going into the private label diaper business:
http://www.bemaxinc.com/third_news.php
That's why I think Bemax share price will grow exponentially over the coming months.
I honestly cannot find any negatives. These are just my views, everyone should do their own DD.
(To my fellow board members, feel free to post this anywhere you want to.)
BEMAX
BMXC
My post are my opinion only. You should do your own due diligence before investing in any stock or take professional advice. I am not an investment advisor. Kind Regards.
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