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I can read charts just fine. I can also read SEC reports and gather info from other sources. My extensive research and reading of reports prepared by BESE for the SEC points to this company having nothing in the hopper, and no money to do anything-they admit as much. My research also shows this stock has been pumped and dumped numerous times in the last 5 years, and never once has there been any positive change in the company's outlook or SEC reports.
...and here comes the dump.
There has been no reason for the last 20 or so times this cycle has occurred. Call it pump and dump, promotion, whatever you want, it's all the same.
Don't take my word for it. Look at the message boards during periods when this stock has started to climb. It's been promoted like heck, no news has ever come from the company, then a few days later the stock price falls into the toilet.
Totally sure there's no reason for this stock to be moving other than a pump and dump. Hmmmm...
It's a pump and dump, nothing more.
Yup, there's the first bounce, right on time. Of course, its a downward bounce. Should move around a day or two more before the bottom drops out.
I think it's another run at a pump and dump. Thinly traded stock, no news, perfect setup for scammers.
Not sure what define as 'thin', but almost 14 million shares as the next pump and dump/promotion ramps up is about 30% higher than the highest previous total over the last 2-3 years. Someone must be planning to make a bunch of money from people that don't know any better.
Last time it hit 0.0050 or above was May 31, 2013. There have been periods with substantial activity during the last few pump and dumps, promotions, or whatever the scammers want to call them.
Justify it to yourself all day long, it's still a pump and dump
BESE
Doesn't matter if the ask is 100, bid is .0013
BESE
Gotta pass the bid at .0013 first
BESE
The ask changed, from .0016 to .0015, but it was never 66
BESE
Ask is .0016, not 66. Looks like you're really trying to pump
BESE
Aah, but the Promo group said the PUMP and DUMP is on
BESE
Agreed,but they're probably not yet done promoting
BESE
IT's a pump and dump, traditionally the worst time to be involved with BESE or any stock in a similar position.
Thin ain't the word. Check out their latest 10-Q report filed with the SEC. The company admits it might not be able to continue, and has only $93 in cash. I have more than that in my change jar.
Lol, pump and dump.
Pump and dump, promotion, it's the same thing, just prettied up to make the pumpers feel like they're doing no wrong.
It's a pump and dump. I've been watching long enough.
And just what makes it clear to buy? No news, no money, no thoughts of exploration until summer of 2014, all confirmed by BESE themselves.
"All who choose to make money" comes right out of the propaganda for pyramid schemes.
Company with $93 cash is going nowhere. Add to that there is no news, and this takes on the feeling of a pump and dump.
All signs are green based on what? There is no news for this company, just a bunch of hype and promotion.
The rumors are not coming from BESE. Here's what they say in their November 19 SEC filing: "Due to our limited amount of capital, recurring losses, negative cash flows from operations and our ability to pay outstanding liabilities, our previous independent auditors stated in their report for the fiscal year ended December 31, 2012, that there is substantial doubt about our ability to continue as a going concern."
Have an old friend that's been following BESE for years too. He's seen this baseless promotion and manipulation more often than me.
Read the SEC filings submitted by BESE. This company has nothing to offer, let the SEC filing tell you.
Well, that's just great that I'm helping BESE to get to other boards.
Nor do I. In fact, I repeatedly tell people not to take anyone's word for granted, including mine, but to do their own due diligence. That starts by looking at SEC filings, financials, and asking questions when a stock is being promoted based on no new information available to the public.
We're not talking about the other companies, we're talking about BESE. Please stay on point.
"Our company intends to fund operations through equity financing arrangements, which may be insufficient to fund its capital expenditures, working capital and other cash requirements for the next twelve months. The ability of our company to emerge from the development stage is dependent upon, among other things, obtaining additional financing to continue operations, and development of its business plan. These factors, among others, raise substantial doubt about our company's ability to continue as a going concern." Also from the November 19, 2013 10-Q filed with the SEC.
Who said anything about soliciting trading advice? I give it freely, as do you. Let the newbs decide.
"We had cash of $93 as of September 30, 2013 as compared to cash of $3,190 as of December 31, 2012." From Beeston's 10-Q SEC filing on November 19, 2013. The company says it better than anyone. Ninety-three dollars in the bank? Woo-hoo, gonna buy me some of that stock.
Trading advice is not for you. It's for the newbs that don't know what they're getting into as they contemplate buying into BESE.
Nothing but a pump and dump. The scam is depending upon the greed of the newbies, and their lack of due diligence. A boiler room scam to promote a worthless stock to people that won't understand the risks until it's too late.
Based on what? The company is broke, and in their SEC filings they admit they will have a problem staying in business. This is nothing but hype to fleece the unsuspecting newbs.
Don't believe this BS hype. Read the SEC filings and look at the company's financials. This is a scam to steal your money. Look at the older posts to see how many times this nonsense has been tried. This company has never issued positive news. Be careful. Buyer beware.
My predicition-it's a boiler room stock scam, just like numerous times before.
You'll lose all your money, that's my predicition.
It's happened every few months for years. Don't take my word for it, look at the older posts. There has never been a positive deveopment for this company. They are mired in red ink with absolutely no prospects. Read their SEC filings and look at their financials. Don't believe the hype.
Nothing new, just renewal of their Nevada registration, as they have done each year. It only cost $275 to renew, probably costs a lot more to generate a new registration.
"We do not intend to invest in capital expenditures during the twelve-month period ending December 31, 2013."
From the latest 10-k, in the words of BESE.
"Due to our limited amount of capital, recurring losses, negative cash flows from operations and our ability to pay outstanding liabilities, our independent auditors stated in their report for the fiscal year ended December 31, 2012, that there is substantial doubt about our ability to continue as a going concern. Since inception on July 12, 1999, we have incurred operating losses and negative cash flows from operations. As of March 31, 2013, we had an accumulated deficit of $2,209,535, with total stockholders’ equity of $343. We had a working capital deficit of $67,965 at March 31, 2013. "
In the words of BESE from their most recent SEC filing.
Bese could be worth nothing.
At least that is what I take away from their SEC filings. I recommend reading them. BESE tells us in their own words that they have no money, no prospects, just plain nothing. The only thing that has come from this stock in the last 5 years is a whole lot of manipulation.