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Fun fact - creating enticing announcements is far less expensive than mining. Thus the pics. & website void of any workers and production. This just in - BMIX is about to dig for gold and diamonds ..tomorrow. Stay tuned.
OK - facts, no work being done = no revenue generated. 5 years (approx.) and counting ...
Sure - my suspicion is the current owner (BMIX) bought it like that and it has sat idle since. I'm assuming (strongly) that those pics you see are the work the previous owner completed. The guys standing around looking busy with that 1940's drilling device are probably our group staging a "look busy" shot for the media. Possible caption "Welcome aboard suckers"
with all due respect - nice try, 5 guys standing around an antiquated (1950's?) drilling device, pics of a backhoe and a bulldozer moving dirt around, a diamond from 2105 and one (1) tiny gold bar that looks like it's made from pancake batter (is it even gold?) do not constitute a mining operation in full swing (that's all we have after years of work?). Really look at those photographs closely, especially the aerial and production facility pics. There are no workers, no equipment in transit - nothing happening. The only thing you've managed to solidify with those photos is the fact that truly nothing is being done at the main BMIX facility and/or any other locations in the pictures. I do thank you for reaching out to BMIX and confirming for us that this is truly a dead duck...IMHO of course.
Yes - I think his (CEO) intent is to get his VIP shareholders/lenders back to even (at the very least). These latest announcements were an attempt to get the stock to run IMO ...then cash out and sit idle for another year ++. My guess is there will be no production, no mining & no revenue - ever, just continued "announcements", trying to woo new money into the abyss. Free beer - tomorrow.
Someone turn off the lights, please - this party has long expired.
WHat's missing from this picture http://www.brazil-minerals.com/ - try and find anyone working - not a soul ...OK, the guy driving around for miles like a drunk monkey shooting dead video and the one guy's leg in a picture of .. whatever that is - Yak dung I think? Money well spent - great management team ...pffff - you would think they could have brought in people to stage a shot at the processing plant - give them 5 bucks each to pretend to work .. OH NO - I'm giving BMIX ideas to fleece out the next group of investors. Yikes.
Need a good laugh - BMIX website home page - http://www.brazil-minerals.com/v ... this is what they've done with investors $$$ (millions) ?? - it's a hillbilly mining site with hillbilly equipment (1940's technology? maybe it's really a moonshine distillery ? - we can only hope) I can't believe they posted it - just embarrassing really. I laughed so hard I actually think it was worth the $100 I choked on earlier. Jed Clampett would be proud ... Granny. Jethro, get to work - or no vittles for you.
Sadly jayess you are 100% accurate - I threw $100 at this back when it bought me a million shares - it reversed out and my million became 2000 shares at 5 cents a share - OK not bad .. pfff ...then down she went and kept going - now it's as close to zero as we can get. What a con game this has been - pics of a gold hashbrown, some hillbilly mining machine (gone now) a big apartment tower ?? some guy in a 10 cent suit.. this is a money pit like no other I've seen - anyway, I'm out a 100 bucks, not much but I still hate being taken advantage of for any amount. This is a "play the announcements" stock - there will never, ever be any solid production or revenue generated, never has been never will be ...period.
BMIX - Dead Mine Balking ... to hesitate or be unwilling to accept an idea or undertaking.
Have to agree with Jayess - this one's a dead dog, and his research is correct. I still get a good laugh from the pic of a gold "hashbrown" they have been pushing here (is it even gold?) Run away don't walk from this company. I've written this one off - which I'm sure they are hoping the rest of you do as well (once they have your money first of course). Do they still have that hillbilly mining machine pic here? That was a good laugh too - looked like the "mousetrap" board game. That's all this really is - one big game to them - and we're the suckers at the table.
Yes - I would bet any lab equipment was sold off prior to the fraud charge. So little or no assets exist to even remotely resemble a testing lab for MJ. Assets would include only intellectual property- the corp. shell, website and BudGenius TM etc. At this point it's a fire sale 30-50K takes all ?? Which will go toward any SEC fines I would imagine. Who knows though, still could be a Rabbit in a Hat scenario here ... which beats a Jackass in a Lab Coat anytime (right Angel?)
RIGH assets - 1 shell (35 Gazillion + shares issued), 1 barely worn lab coat (size: weasel), 1 microscope (for seeking shady deals), 200 empty baggies ... & 1 slightly bruised ego that can't touch a penny stock for 5 years (pfff ... like he can't get around that). PHOT came back from the dead so who knows ?? - took a while though.
Agree with fulldeck - got out Friday - settled today. The only possibility (and while I have incorporated co. before - but not on the OTC) someone may (with the approval of the SEC) be able to buy Angels position (funds going to the fine etc.) then start canceling shares in his portfolio..in order to bring the amount of outstanding shares down to a reasonable or workable amount. It depends on what Angel did with his shares - if he dropped them from a plane and everybody and his cat has a position then RIGH is doomed. If he retained millons of shares (unissued) then RIGH has a chance. If I'm even right ?? Night night folks - hit the light switch when you leave please.
Value here is as a shell corp. generally only 50-150K to purchase (liabilities??) - is it cheaper to start a new one than to pick up this loaded time bomb ? (Unless you can obtain the Bud Genius brand TM's as well - that would be a nice bonus, if you're staying in the business...) Angel's little lab /equip. is prob. worthless at this point- so the only real asset is the RIGH shell. Either the FEDS wind it down and out or sell it to pay off those who have a claim of any sort. I'm sure somebody knows something - but it sure as heck is not us...yet.
Holding a million shares for about 2 years ..now what ? Sit and watch the grass burn I guess (pun intended)
http://www.reverse-merger.info/OTC-shell-for-sale.htm
Dr Mamdouh G Salameh /International Oil Economist
Mamdouh G Salameh on January 12 2018 said: The recent surge in oil prices since early December 2017 has put a price floor of $60 a barrel under the oil price. 2018 will see a price floor of $70/barrel. While many analysts attribute the oil price surge to geopolitical developments, the truth is that oil market fundamentals are positive enough to support an oil price ranging from $70-$80/barrel on their own. That is why the oil price is heading towards $70 and beyond in 2018 and $100 or higher by 2020. A fair price is $100-$130/barrel. Such a price enables oil producers to invest in oil exploration and capacity expansion so as to be able to meet rising global oil demand in coming years, enhances global investments and gives incentives to the global oil industry to invest in new projects. In so doing, they stimulate growth in the global economy. Dr Mamdouh G Salameh International Oil Economist Visiting Professor of Energy Economics at ESCP Europe Business School, London
Here's why I bought into RGO recently...and will continue to do so:
RGO co. quotes from the last update (direct from their website) 1/ 2018 Production Forecast: The production forecast for 2018 is 665,400 barrels of which 1,800 barrels per day is the forecasted average for the first half of 2018. 2/Breakeven field economics are estimated at 2,152 barrels per day, at an assumed Brent price of $50.00/barrel reducing to 1,761 barrels per day at an assumed Brent price of $60/barrel. (we're at $80 - do the math) 3/ (& "possibly" my favorite) The Company also announced that it does not plan to proceed with the cash call it received for the month of November and December to fund the current drilling program, and it does not plan to do so in the foreseeable future. Future capital calls will be dependent upon the Companys ability to raise additional capital and successful operations in the field. (Hopefully via increased oil prices /profits)
A skid of mortar and a gold hash brown - great investment...count me in for a few thousand $$$.
Angel is positioned with two additional companies (as per an earlier post here & that we know of) - maybe part of the deal with one of them was that he bring along this shell co. ?(as part of his hiring package)
Yes JMO, but I think this (RIGH) is being converted to a whole new line of business. Bud Genius is dead. Not a bad thing.
I'm a huge advocate for Growlife and Mr. Hegyi and I did well here overall. I only left recently because of the share structure, there are just too many out there - and it seems people are only holding until the next small run. It's a tiring cycle (I'm not a day trader) that I don't see ending until the share structure is changed dramatically. Hopefully it shows up on the CNSX or the TSX-V with a lighter load (and I can then hold it in my TFSA). All my own opinion of course - all the best to those of you holding on.
What Angel could do is attempt to revive his original TM - then challenge the new TM based on the similar name and wares. We're talking big $$$ at this point though. Also, heading toward the 5 year mark since it was abandoned so not so sure it is even possible - I mean really, it was just a simple form and a small fee he had to submit to keep it current. What a waste.
Once again - if Angel just kept up on his paperwork we'd be in good shape right now. TM's are not that hard to keep current - I've done it myself. He's just flat out lazy is all I can assume. You get warnings. updates via email from the USPTO once you file - you can apply for extensions as well.
Does not matter in the world of TMs ... similar wares, he will not be able to revive it now without a battle ($$$$). CocaCola Coca Cola - one word two words ... irrelevant
Angel hijacked on his TM - the Golden Goose is dead - a Canadian Corp. took it over In June 2017 - unless of course he agreed to abandon his for a fee, money we will never see here.
Word Mark BUD GENIUS
Goods and Services IC 041. US 100 101 107. G & S: educational services in the field of medical marijuana and cannabis; providing information in the field of medical marijuana and cannabis
Standard Characters Claimed
Mark Drawing Code (4) STANDARD CHARACTER MARK
Serial Number 87487559
Filing Date June 13, 2017
Current Basis 1B;44D
Original Filing Basis 1B;44D
Owner (APPLICANT) Natural Health Services CORPORATION CANADA Chinook Park Plaza, Second Floor Suite 207-5809 Macleod Trail SW Calgary, ALBERTA CANADA T2H0J9
Attorney of Record Sean S. Wooden
Priority Date December 13, 2016
Type of Mark SERVICE MARK
Register PRINCIPAL
Live/Dead Indicator LIVE
My guess is he's long gone- I suspect any updates will be from the new owner/CEO of the group that buys this shell co. Creditors are after Angel I'm sure - probably the delay here, who gets paid and who does not?
Here are the TM results for Angels filing:
Word Mark BUDGENIUS
Goods and Services (ABANDONED) IC 042. US 100 101. G & S: Laboratory testing services; Website Services; Computer and technological professional services, namely, website services, online directory services, ecommerce services, social media services, online advertising, and scientific laboratory research utilizing chromatography and real-time PCR techniques for determination of compounds (known and unknown) and genetics
Standard Characters Claimed
Mark Drawing Code (4) STANDARD CHARACTER MARK
Serial Number 85581590
Filing Date March 27, 2012
Current Basis 1B
Original Filing Basis 1B
Owner (APPLICANT) BG Medical Technologies, Inc. CORPORATION NEVADA 1702 'A' Street, Suite C Sparks NEVADA 89431
Type of Mark SERVICE MARK
Register PRINCIPAL
Live/Dead Indicator DEAD
Abandonment Date January 4, 2013
Wow - still sticking with the gold hash brown and bags of mortar photos, getting a little stale I would think. At least they got rid of that hillbilly style Rube Goldberg mining machine pic here ... that was hilarious. I'm here since just before the RSS - which killed this stock by the way (as we all said it would). I thought by now it would have recovered, what a dog ... holding till I get my money back at least (pigs will fly eventually ... right ??)
Here are the TM filings for Bud Genius - Angel has abandoned it (years ago) - this is a shell co. only now, waiting for someone to pick it up and use it for some other business (MJ or otherwise). Which is fine, it has happened before - just be aware.
http://tmsearch.uspto.gov/bin/showfield?f=toc&state=4802%3Aorjiyz.1.1&p_search=searchss&p_L=50&BackReference=&p_plural=yes&p_s_PARA1=&p_tagrepl%7E%3A=PARA1%24LD&expr=PARA1+AND+PARA2&p_s_PARA2=Bud+Genius&p_tagrepl%7E%3A=PARA2%24COMB&p_op_ALL=AND&a_default=search&a_search=Submit+Query&a_search=Submit+Query
True - but owning the domain name and owning the web content / TM are two totally different issues. Angel could simply secure a new (similar) domain and be back up and running within hours. Hostage taking of domain names has long been left back in the 90's. The Bud Genius TM is the golden goose here - Angel dropped the ball on a very lucrative brand name. Someone with some real business savvy needs to pick it up and run with it in the right direction. I'm not sure cannabis testing is the most profitable direction right now - most growers have their own in house testing facility. I would go infused (Vodka/gum/candy etc.) with a BG Brand THC / weed - a specialty "Smart" weed / concoction and build out (i.e. license) from there.
Anything is possible I guess - bottom line is that there are many Cannabis related stocks out there trading as "compliant" - whether the tax man is knocking on their door or not is irrelevant, they still remain compliant. Also, we were told ages ago that the RIGH tag was being replaced with a new ticker. Conspiracy theories aside, remaining compliant (paperwork filed) and rustling up a more appropriate ticker symbol is hardly a call out to the tax man to dig a little dipper. In fact, I would say just the opposite, "why are you not filing the proper paperwork RIGH... what are you hiding ?" Is what they (the gov.) is probably more interested in. Anyway, we're beating a dead horse here - thanks for your comments though.
Interesting - still would of been nice if Angel had set aside a few bucks to remain compliant and as well, lose the RIGH tag. A little effort goes a long way here.
Did I see a cow? Holding till the cows come home.
just me - or is someone quietly buying this up ?
Yes - managed to get in at a penny CDN ..I would gladly buy more at a higher rate if I could. It has an OTC Pink version as well (linked together I believe)- this should do well as oil prices quickly climb toward 70$ - Most of their recent report refers to 50/barrel so we are already in better shape for 2018.
Per the recent report we are now past the break even point (and climbing) - very good news
2018 Production Forecast:
"The production forecast for 2018 is 665,400 barrels of which 1,800 barrels per day is the forecasted average for the first half of 2018."
"Breakeven field economics are estimated at 2,152 barrels per day, at an assumed Brent price of $50.00/barrel reducing to 1,761 barrels per day at an assumed Brent price of $60/barrel."
We're approaching $65 now.
https://markets.qtrade.ca/news/story?t=iKXJizM-dSY,Qh0UWRB_F54u6RIv6Qh133fYJHsol5mS&Bend=&article=1e67490dfa14e5f3
My guess is within the week ... an up list will take a while once filed.
Pot industry frets, then shrugs off Sessions’ new policy
SAN FRANCISCO >> This week’s announcement that the U.S. Department of Justice would lift its hands-off approach to states that legalized marijuana shocked many in the industry who have been trying to go legit.
Marijuana stocks plunged and investors fretted in the hours immediately after U.S. Attorney General Jeff Sessions made the move.
By the weekend, though, cooler heads prevailed and many in the industry say they are waiting for the smoke to clear before determining if significant changes are coming.
Longtime marijuana operators say Sessions’ action was merely symbolic and they expect it to be business as usual.
Sessions provided no details other than saying individual U.S. attorneys are authorized to prosecute marijuana operators as they choose.
http://www.staradvertiser.com/2018/01/06/breaking-news/pot-industry-frets-then-shrugs-off-sessions-new-policy/
Yup - powerball odds on this thing recovering /// it can happen, u need a ticket to win ))
Sessions’ pot policy a lift for Canadian cannabis industry despite drop in stocks: experts
The U.S. Attorney General rescinded an Obama-era policy that allowed legalized pot to flourish south of the border, but observers and industry players say the crackdown is a boon for Canada.
https://www.thestar.com/news/canada/2018/01/04/sessions-pot-policy-a-lift-for-canadian-cannabis-industry-despite-drop-in-stocks-experts.html
That's funny, no doubt ... till 2025 or Infinity and beyond. I would not buy more here until the financials are brought back on line. still holding my million until ???????
Is she singing the Pacific Blues ? (Weed Lab/Mixing Board)
Pacific Blue by Falcanna is a flavorful cut with a THC content that consistently reaches above 20%. This indica-dominant strain was bred by crossing the legendary Kush powerhouse Pre-98 Bubba Kush with the fruity phenom DJ Short Blueberry.