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.018 back
.02 x.03 ,now we can talk again !!!%%%
That was a partial fill on my buy.
silly !
holding for much more here !!
1K bidwhack at .011 after a 37k buy at .018
Y, you right ,!wow , lets gooooooooooooooooooo
weekly 200ma at .42
Wow
yes way better !
??.20
?? ))))))))))))
Posted by: RULiquid Date: Wednesday, February 25, 2009 1:58:45 PM
In reply to: None Post # of 49229
BPMI .015 x .018 UNREAL >>>
Authorized Shares: 4,000,000
Outstanding Shares: 2,057,253
WHAT FLOAT? This should be at .20+
what will be the post golden cross pps?
cool saw the bidwhacks earlier
.018 hits !!)
ihub chatter
I'd like to see a golden cross soon
the last article indicated that a majority shareholder bought out all the stock attached to the paper business so I think it's still a viable company
Lifegear, is this stock a shell or still a active company?
.01 +1011%))))))) i am not the painter !
this is very discounted for a 2m o/s stock, I posted 3m o/s GATT at .01 and today it hit a high of .51 before they eliminated the high for the day for some reason
I believe the good assets were bought with no return to shareholders and the crap was left behind. I really thought a lawsuit would follow, since a much better deal had been struck and reneged on. That is why, in my opinion, Swanson and the BOD must have taken money under the table. That or they didn't own shares in BPMI. One minute the guy is bidding 1.25/share and can't get financing. The next he is coming up with an equally large sum to get the good assets. Someone screwed the shareholders. BOD and Swanson look like the best candidates. I haven't bothered to call since Swanson lied to me last time. Don't expect anything different this time. If the mill is still running then we would be worth something, but I haven't bothered to find out. Just assume it is lost money. Oddly enough, Swanson is from my hometown. He better not be visiting when I am or his ass is mine.
T
so it's a shell now?
You guys done nibbling? I hope that something does happen here some day, but I am afraid shareholders were screwed. I talked to the president about the 1.25 buyout offer that was rejected. He said financing couldn't be done. Little while later he buys just certain assets and somehow can get the financing. I think Swanson got paid under the table, imo. The stock you guys bought and I own currently has no assets backing it if I am correct. Hope I am wrong, but doubt it.
T
Y, i bought all mine +.015 here !
someone should whack the ask here
I know ,just bid and ask must i little closer to attract some buyers !
that majority shareholder owns probably 99.9% of the stock imho
read the news in ibox, he acquired all the shares it seems
Equityfeed shows .018 pert !
is the ask at .05?
1 of these days man , we gonna have i big Winnerrrrrrr,,
no intrest late , of traders playing bb, pennystocks , !
2.00 ask again showing
after hours 2.00 ask =)
Azzar owned 515K before he got the remaining 75% of the o/s he didn't have before he made a tender offer to buyout the rest of the stock for 1.25 per share
there were 2M o/s before filing 15-12g
http://www.secinfo.com/d18Gqt.zp.htm
so this guy owns most of the o/s James D. Azzar,need to do some digging
it looks like most of the o/s was acquired by an insider so he has voting control over this
I don't think there are inside asks, not a lot of float given the 2m o/s, so there's no way around it but to hit the ask imho
whats a good buy in price
is this a revers merg possible? whats the play?
I wish it was ' 0 here
is that you getting filled?
0015 nibles, ask 02 now!
ask .025 pert
.03 doms
.04 nite
.05 hill
2.auto
2000 x2, etrd, ubss
yup 2,000 ask lol
Spread = to wide !
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Filed Form 15 on October 14, 2005 http://xml.10kwizard.com/filing_raw.php?repo=tenk&ipage=3730911
Badger Paper Mills, Inc. manufactures paper and paper products. The Company produces both fine and specialty paper products. These products include virgin and recycled papers as well as printed and waxed packaging products for customers primarily located in North America. The Company operates ISO9001 certified manufacturing facilities in Peshtigo and Oconto Falls, WI.
Authorized Shares: 4,000,000
Source: 10-Q ( 08/14/2003 )
Outstanding Shares: 2,057,253
Source: MGFS ( 08/11/2005 )
Badger Paper Mills Inc
200 West Front Street
P.O. Box 149
Peshtigo, WI 54157
P: (715) 582-4551
F: (715) 582-4853
Major shareholder buys much of Badger Paper |
Wednesday, November 16, 2005 19:35ET |
By Joel Dresang Nov 16, 2005 (Milwaukee Journal Sentinel - Knight Ridder/Tribune Business News via COMTEX) -- Majority shareholder James D. Azzar succeeded Tuesday in buying much of Badger Paper Mills Inc. to appease the Peshtigo papermaker's creditors. Azzar, whose previous bid was spurned by company management last month, got a takeover approved Tuesday in Marinette County Circuit Court, where Badger Paper was under a receivership proceeding, similar to bankruptcy. Badger Paper's lenders had forced the company into selling off assets to settle debts after the company had defaulted on credit agreements. Azzar, of East Grand Rapids, Mich., for years had a running battle with Badger Paper management. He owns businesses in Michigan and Indiana that have bought from and competed with Badger Paper. One of the companies, Bomarko Inc., in Plymouth, Ind., makes specialty coating and flexible packaging for the food and medical industries. Details of Azzar's approved bid weren't available late Tuesday after the court hearing, but Paul Bouthilet, chief financial officer of Badger Paper, said he spoke with Bomarko executives Tuesday and expected to meet with them today. "Right now I have no idea what his intentions are," Bouthilet said of Azzar, "other than common sense would suggest that if you spend money on something, you're going to use it." Another bidder, turnaround investment company Meriturn Partners, had made a run for Badger Paper's assets, at one point offering about $8.4 million. "If Meriturn hadn't been involved in this, there would have been a whole lot less received for the assets," said Daryl L. Diesing, who represented Meriturn for the Milwaukee office of Whyte Hirschboeck Dudek. A chief employer in the Peshtigo area since 1929, Badger Paper struggled to specialize in niche products such as waxed paper for candy wrappers, fast-food sandwiches and disposable souffle cups. Faced with rising costs for energy, fiber and health benefits, the company -- which once employed more than 450 workers -- used buyouts to cut its payroll by about 50 jobs, or 20 percent, last year. This summer, Badger Paper shut down one of its two paper-making machines in Peshtigo, ending work for another 100 employees. The company said the machine accounted for about two-thirds of the company's paper, but about 40 percent of its output was unprofitable low-priced commodity-grade copy paper. Badger Paper reported $72 million in sales last year but suffered a net loss of $7.6 million, its third failure to show profit in five years. In September, management announced a tentative agreement to sell Azzar the 75 percent of the company he didn't own for $1.25 a share in cash, or about $1.9 million. Last month, the company said it called off negotiations with Azzar and said it would end its registration with the U.S. Securities and Exchange Commission and arrange to delist its thinly traded stock. Badger Paper's share price, listed over the counter, was 16 cents Tuesday. To see more of the Milwaukee Journal Sentinel, or to subscribe to the newspaper, go to http://www.jsonline.com. Copyright (c) 2005, Milwaukee Journal Sentinel |
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