Bemax Inc (BMXC)

[I-Glow]

I remember when everyone told me that BMXC would never be a sub-penny stock.

There are so many Red flags and the CEO has zero credibility - BMXC will be a trips stock and that is where it belongs.

When the CEO stated in January that the $1.1 million contract from Bethel was in place and BMXC wouldn't need any further financing. Then less than 2 months later she was getting more toxic debt.

Then the CEO had a mysterious $700k write-off that she has failed to explain - and in the same financial statement - BMXC had $1 million in losses.

And in the last quarter the revenue was only $4000 - this is after being in business since 2012.

Obviously Bethel never existed as I told everyone months ago.

Then the CEO claims to have gone to a expo but oddly there is one photo of the event on social media or the company website. That is exactly what social media is for - but nothing.

As I stated she has been in business since 2012 and never once has she done any advertising/marketing. That should be a big enough red flag to keep investors away.

What it says is that her target market for advertising is investors not consumers.

IG