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It appears so based on what others are saying when they called them.
Rumor is BMGP will release an update to sharehohlders this week or next week. Last time they did, it ran to .049 back in March.
I'm not privy to any real news - just saying there is the rumor posted a couple other places from those who claim they called the company.
Similar posts have been proven to be baseless in the past, but the company is certainly due for some news - especially with the recent sale of shares.
No, you got the whole causal wrong!!
Jeez, I've wasted enough time trying to explain it to you.
This was not a debate about dates, it was about cause and effect!
.002 to .008 is the same thing as $4 to $16 PPS.
One is just easier to realize (and it's not the latter one).
Again, it ran in the summer of '09 when Noel and Garza pumped this. The FDA rumor came in November of that year (months later), which was perpetuated by a guy named Hepler.
Make sense now? It did not go to .12 on the FDA rumor. It went there on the coordinated pump.
It's a 19th Century stretch limo.
It ran to .12 on nothing back in 2009?
Hardly! It ran on a concerted pump by Noel and the fat boy who runs the sleazy biotech pump site. I won't give away the URL because I don't want that fat thief to get any more subscribers to his suckers website.
I recall the shenanigans vividly, and I'm sure many others here do as well.
Sideliners could have bought .001 yesterday for a 1-day double. Try that with a blue chip stock...
Gotta suit up and get in the game!
Buyers are entering outta the workwork now.
Hold the line and get this puppy back up to .01.
One speculative announcement about funding (even if it turns out to be BS), and this will be off to the races.
Or, how 'bout they pay a couple thousand for one of those penny newsletter promos. That kicked this up to .049 back in March.
Great to see all you guys buying in.
Let's get this up to .01 for an early Christmas present. Sleigh bells ring...are ya listenin'...
Yes, the float has always been the more attractive thing for me here. I don't think they will ever get a product to market.
But it's all about short term gains and trading on speculation.
Jeez, no comparison between BMGP's float and BIEL's float, and BIEL went from .001 to .006 this year.
More posters here the past couple days than the past month probably.
Shareholders owe you a country breakfast for propping this up the past week.
Hard to believe this thing had no volume a week ago!
What a difference a week makes.
A few people over at the Yahoo cesspool said there was dilution -someone said 12m.
But those sources are not exactly reliable.
There's a number you can call to check to see if the SS has changed (dilution) on these pennies, but I don't recall what it is.
If there was great news pending with the financing, I doubt this would be down to .001.
Are you in this yet or just looking for an entry right now?
Amazing that these guys just sit on their hands and let the share price fall to .001.
Even if you don't have a significant announcement, get a message out to shareholders that provides some kind of update.
Otherwise, you're leaving everyone to think the days are numbered for this.
If it was my company, I would be OUT THERE communicating with shareholders.
Lousy investor relations, I'll say that.
The 'great' pending news that some are hinting at over at Yahoo is completely at odds with all the dumping.
The same cast of characters over there. The company has a responsibility to update on what ever happened to the financing, but then again, asking these guys to be responsible is apparently asking for too much.
And there it is - .001 is gone. Now .0007 - new 52-week low.
Wow - bid dropped all the way down to .0007 for a few seconds there this morning. Anyone notice this?
Someone just dumped another load.
Update - bid back to .0007 - looks like .001 PPS might not hold.
I think there was someone definitely wanting out yesterday, but I think today's massive volume was primarily people flipping it.
I think some were buying at .0012, selling at .0014, wash, rinse, and repeat.
At .0011, it doesn't take a lot of cash to take a flyer on this in the hopes it goes to .0015 for a nice profit (36%).
At this point, it's probably more flippers than investors buying.
I wouldn't guess too many people would gamble on a long-term (gulp) investment after all this.
But, these stocks can be great for flipping when you get to these levels as others are noticing.
You just publicly confirmed it. You sold out at heavy losses, now given your constant trashing the company that you don't even own, you want to see the stock go up in flames.
It would kill you to see anyone buy in at .0011- .0015 and actually make a buck off this now.
You? Giving financial advice to someone?
Thanks for the laugh.
Small uptrend, then someone dumped.
22hornet - we get it by now. You're ticked off.
With hardly any volume (20,000 total the past DAYS), just how would you get out of this stock once you're stuck in it?
Those here who were bragging about their great buy a few weaks ago now find themselves with apparent dead money. They are stuck hoping and praying for some pump by the penny newsletters. Only problem is, they just had a pump in March, and they don't do a pump that frequently. Could be 2013 before the next pump report, and if they can't get funding, there might not be another pay-for-play penny stock promotion newsletter deal.
I think there's more going on here than meets the eye. And it sounds like you're the one responsible for the big volume today.
It's been hitting lower highs and lower lows. That's a really bad sign.
The fact that this didn't go up much when they got current (which was good news) is another reason I think there's bad news the company hasn't made public yet (JMO).
Someone knows something would be my guess. Too much dumping going on and it's been relentless.
You're taking a big risk - if some of the sellers have some inside bad news, such as they didn't get the financing and can't do a plan A or B, then you could lose it all.
I think you'll be able to buy more in the .001s very soon. We hit .0017 today - new 52-week low after yesterday's 52-week low.
Very gutsy on your part.
USA Today article in today's "Life" section on people switching from pain pills to patches. Huge opportunity missed by BIEL not getting a mention in the article. It would have resulted in several thousands of dollars worth of orders.
Erik - HotStocked.com is located in Bulgaria and they have a horrible reputation for scammy pump and dumps. I've seen their garbage reports in other penny stocks. Some suckers will believe anything.
Ask yourself why anyone would need to get a pump report from some dumpster in Bulgaria.
Looks like Friday's volume was based on the Yahoo post by the infamous caller/pumper.
Should fall back in the .004's (at least - maybe further) this week.
Uhhh, yea. Those who made money on this stock certainly didn't make any because of profitability b/c the company hasn't been profitable yet.
They made money on getting in before the stock promos and getting out before the dump.
Pretty clear to most.
If he doesn't do stock promos any more, then he'll have to deliver on revenues & profits...otherwise, nothing would drive this.
That's a lot of pressure. I bet we haven't seen the last of the stock promos, and for those who trade the stock, they better hope not.
Nice job. Case closed. Of course, those who deny it will never admit they were wrong.
Didn't this guy say on his last CC he's done with stock promos? Or does that take effect in 2015?
LOL - where's the .40 that was promised here?
Now hitting the .04s again. Something tells me this still has not hit bottom.
How about telling us what happened with the Chinese deals, Harden????
Or how about another lame conference call?
Do you need to even ask?
bravada.com is now available as the owner is selling it.
But hey, might as well stick with footlong URLs.
Given this guy's backround, wouldn't you have expected better decision making via the outstanding shares?
Never provide shares to promoters. What a waste.