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They’re all targets…day after day adds up in time…SEC could care less…to them, OTC is the wild Wild West of trading…you takes your chances and get what you get.
Ofc market making manipulation is a thing but do you really think BMXI and its whopping 20k of nominal value per day is being targeted?
MMs do manipulate, naive to think otherwise…but IF the company is diluting that’s a good explanation for the over 50% retrace since the last run up last Q’s numbers being so good….so you’re referring to the shares they’ve given for cash to Leonite the lender?
I think there is a decent chance this hits 08 at some point next week if they need more time until they file that 10-12G, I also think that once they file that form10 and assuming it shows the same numbers, the stock can make a good move from here, good move from here in this otc market means 20-30 cents in my view.
I suppose a few people are selling because they're impatient and don't want to wait. This volume is light.
$BMXI
with almost 169,000 traded and many below .10 some must be selling other wise how did I buy
Maybe no one wants to sell and are sitting on their shares waiting for the audit. Just a thought. Doesn't necessarily mean this is the case.
$BMXI
I have orders in 2 accounts one did get a partial fill of 5100 but did it in parts not all at once.
The other never receiived any. I have time so not chasing.
Lmfao at all the talk about MM's and manipulation. At 200k volume and .10 pps this thing trades 20 grand USD nominal.
Literally nothing.
Any time there is a higher volume day it's red because as a previous poster outlined in detail the company has been actively diluting.
I believe the audit will be filed with the SEC. The conference call puts the onerous on BMXI to follow through. I will wait patiently for the next positive movement in share price. I'm not selling shares irregardless of the machinations of mm.
vol frozen at 17,108 yet the bid keeps changing.and my open order \above the bid and below the ask never shows
MM playing games but getting no action
IMO anyone who wants shares has a couple of months at least to get them so why chase them
We really don't know the time frame this company is looking at.
If the audit shows possitive earnings then there is a possibilty they can see SP rise
but the audit must show positive until that who knows what they really are.
If not positive it stays a stinky pinky and all we have heard is hot air
Will a RS be necessary if earnings are positive? Going to depend upon how high or low they really are
and what are the lief expectancies of the operating mines
all JMO
Yeah just like you said it was such an insanely good buy at .30 and .40, you are delusional about a lot of things. Can it go back to .40 or .50? Yes I think it can if they play it correct, anything else is ridiculous to talk about AT THIS POINT IN TIME other than baggie posting to feel good.
NICE STORY, however the worst comparison on the NYSE/NASDAQ has Market Cap of $150M Dollars. That is 28x times higher the BMXI current $5.8 Million Market Cap. I think that this is going to go up Exponentialy via non retail forces. If you want I can EXPLAIN to the AUDIANCE how that will work. Might want to phone Leonite, the other investment firms, plus the MM before you ask me to show you!! Somethings are best left unsaid industry wide! Have a good day!
$BMXI has been manipulated to death for a while, now, and not just at the end of today's session. The pps has been stuck in the .10-.12 range for what seems like forever because of this manipulation.
Most positive from the call, that Brookmount mngt is in the process with its 'Indonesian JV partner' to renegotiate terms that subsequently and after a $BMXI major exchange listing will provide for Brookmount's full ownership of its Indonesian mines that then will provide Brookmount to extract and use proceeds outside the country.
Yeah, you're right about that. So, what's the avenue for a $4+ share price?
At the current 60,703,370 outstanding share count at $4, that makes a $243 Million marketcap.
I remember when the outstanding was something at about 19-23 million shares and Nils on a conference call said the Reg-A was wrapping up and not to worry about a little more dilution.
Now, the share count has increased 300% (2X) in outstanding shares since then.
From exactly one year ago today, the Brookmount outstanding share count has increased from 23,078,514 to 60,703,370 shares.
_______
Actually Brookmount does have room in its outstanding share count for a reverse and still be eligible for a nasdaq initial listing with nasdaq's minimum requirement of only 1,000,000 Unrestricted Publicly Held Shares.
Brookmount will also need a minimum of 300 Unrestricted Round Lot Shareholders.
_______
As of today, May 31, 2023, according to OTC Markets, the number of shares outstanding of BMXI Common Stock is 60,703,370.
As of April 15, 2023, the most recent date prior to reporting, the number of shares outstanding of our Common Stock was: 56,703,370.
As of February 28, 2022, the number of shares outstanding of our Common Stock was: 52,775,091.
As of October 11, 2022, the most recent date prior to reporting, the number of shares outstanding of our Common Stock was: 41,063,718.
As of the Reporting Date of August 31, 2022, the number of shares outstanding of our Common Stock was 39,063,718
As of July 14, 2022,
Outstanding Common Stock was: 26,399,494
As of the Reporting Date of May 31, 2022, the number of shares outstanding of our common Stock was 23,078,514
As of April 15, 2022, the most recent date prior to reporting, the number of shares outstanding of our Common Stock was: 24,649,494
As of the Reporting Date of February 28, 2022, the number of shares outstanding of our common Stock was 20,095,181
As of November 30, 2021, the most recent completed fiscal year end, the number of shares outstanding of our Common Stock was 17,795,181.
March, 22, 2022
Outstanding shares were: 17,795,181
17,795,181 common shares issued and outstanding as of December 16, 2021
As of November 30,2020, the previous completed fiscal year end, the number of shares outstanding of our Common Stock was: 12,513,865
.
Nils said audit is finalized at 2:45
You can revisit today's Investor Call with our CEO, Nils Ollquist, in this link. Thanks to those of you who joined us!https://t.co/bcVD10FT5C
— Brookmount Gold (@brookmountgold) May 31, 2023
Nils seems like a straight shooter unlike most c.e.o.s i was glad he answered both of my questions and the next meeting we will have a lot more as iv'e convinced my group to involve ourselves in BMXI, maybe even reg. a status.Looked like manipulated trading at the end of the session to me!
Reverse??
LMAO … if anything they’ll need MORE shares on NASDAQ
They won’t use a R/S as a tool to get to the Nasdaq.
What will the reverse ratio be?
Even if it gets to $1 after the audits are published, a reverse to minimum $4 will be required to newly list on nasdaq.
DDV mentioned expectation for an IPO offering closer to $10. That would be wild, yet how probable in fact?
.
I doubt it that one comes if they are planning to go on nasdaq. But who am I to say so!
Question, why would Brookmount have Lawyers reviewing a Form 10 Registation statement if the Audit was not done? Bear in mind the Form 10 includes a Financial Audit.
"
That CC was hilarious. So basically all that was said was "give it a few more weeks" lol. Not one single new thing was presented and the only difference is that now they say the audit is finished but we won't show you. Ok let's talk in july again. Let's see when the next O/S raise comes.
He said nasdaq ten times. Let’s go baby. This is goin to be a nice one ! Load and hold . From otc to big boards .
Subtle clue experts don't ignore "the auditor is reviewing financial statements for 2021/22." That does not sound like they are all done.
An assessment of Nils jargon finds a muti- and counter-directional description of status of the Brookmount audit process and SEC filings.
"Auditor reviewing,"
"legal team preparing"
"draft audited statements" sound like placeholders for actual 'audited statements', within the still-being-prepared Registration statement.
Does not sound complete to a reasonable reader, considering too that yet again Brookmount has yet filed its past years' audited 10-K annual reports.
"While finalized" can also mean 'generally speaking', not that the audit is finalized. That's how Nils works, with double speak.
https://twitter.com/Steve_Chase2022
Flakey mngt missing promise after promise, missing target after target, is exactly what serious metal investors avoid and thus elect to disregard for their metals/mining investments. That's just fact.
.
You can revisit today's Investor Call with our CEO, Nils Ollquist, in this link. Thanks to those of you who joined us!https://t.co/bcVD10FT5C
— Brookmount Gold (@brookmountgold) May 31, 2023
SEC approval of audited paper work should see institutional investors buy in with BMXI. Confidence will been seen by retail investors for sure imho!
I am patiently waiting for that too happen!!
Gold is going to new highs and I can patiently wait for that as well.
imho
Let me clear this up, cause some of you are not taking Subtle Cues or Reading in Between the Lines . The AUDIT IS DONE and the company is now preparing the FORM 10 Registration statement for SEC. NIls even stated the completed audit is included in the Registation.. Not a complex math problem. AUDIT IS DONE..
I tried to read every post there was one with twiter I can't enter it for some reaseon I didn't see any that stated it had to be a time fram and what that time frame is to be tia
Fyi, not siding with or against your suggestions. However, read the update. It is very straightforward in indicating where the items are being done and being held up. Regardless of how transparent the info has been released, there remains a process, and that process can and will definitely not be defined by Nils. Each entity will process the info on their own time, not Nils, yours or mine. Patience in reward or failure is what and where you determine your investment should be, not questioning the process. GLTA. $BMXI. AIMHO.
why have lawyers they sit on things. Their mode of operation is always to slow things down.
The treasure of the corp has to sign the dang form when submited to the sec. It is that persons who usualy also has the form filled out.
uh, no. Its with the lawyers. LOL.
Two ingredients are crucial for $BMXI retail investors: patience and a delayed gratification mindset.
A ticking time bomb: The BMXI audit will not be made public, until the registration statement has been filed with the SEC.
Sure reads that the audit is done and now waiting on the legal team to finalize a registration statement to incorporate the draft audited statements. Then the auditors will sign the document immediately before presenting to the SEC.
https://twitter.com/search?q=%24BMXI&src=cashtag_click&f=live
doesn't have to be a lawyer just an officer of the company to file the form 10.
and if the company does have a lawyer file it is not a muti week process. LaWyers have lots of standard forms they give to the secretary to fill in the blanks. AN officero the company does need to sign usually the secretary/ treasure.
There´s IMO a very subtle, not general method to get this to that level it fundamentally should compellingly be (read back DDV´s re. posts, the single poster who regularly refers about this speciality). He´s in the know how this will take place. Curiosity: looks we have to be patient firstly, to get rewarded extraordinarily afterwards.
AIMHO
Anyone know if this was recorded? I couldn’t attend, but was really interested in this one.
It’s like folks are afraid to buy this stock now…at a friggin DIME…because it’s been so beaten down.
when is the register statement to be field?
We need a date. If the audit is complete it takes an
an officer of the company to have a secretary type it up have the officer s usually the secretay/ treasurer sign
and send it.
Every good book has a Narrative. BMXI was always about Lender/Partnerships with the company. Broke ass retail is not going to drive this to the Nasdaq. I am really glad I got some people to hold for the big picture. I will enjoy the day we can all celebrate together. No knock on Nils either. It is just business. He is going to Favor his Lenders and Partners over retail.
No, it's dependent on certain parts falling into place, timing, and patience.
$BMXI
A month ago, there were people in here claiming this thing was going to "take off" and it has stagnated since. Is this stock dependent on the economy tanking in order for it to go up ?
How about this where DDV is given due credit:
https://twitter.com/Steve_Chase2022/status/1663894020890804225/retweets/with_comments
$BMXI
Yes
"while FINALIZED, The audit will not be released to the public until the Registration statement is filed with the SEC.
You talking about this page?
$BMXI pic.twitter.com/IWjVOjhoHl
— Steve Chase (@Steve_Chase2022) May 31, 2023
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