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Another glorious day in BMXI land. The financials are due any day according to MsKiity1 and the audit is so eminent the print is burning in the type set so to speak. Any minute now the ticker price for BMXI will move up wildly. imho
WHERE IS THE AUDIT? The heck, with the quarterly reports they are not moving the price of BMXI. BMXI stockholders do not need misdirective cheerleaders. If Nils cannot deliver the audit, it is time to replace him, with someone who can deliver for the shareholders of BMXI. It is that simple. Putting posters on ignore does not negate the fact that the audit has been eluded too many times, but has not become a reality; consequently, posters are relating their frustrations and possible outcomes in a negative fashion. I do not see that as bashing but as probative questions and statements, about the transparency fallacy that the CEO of BMXI keeps espousing but has not deliver over this year to date. The word imminent is tossed around like a cheap suit. All talk and no substance. The quarterly reports have not and will not move the BMXI ticker in a positive direction, until the audit is filed in my humble opinion. As I have stated before, if the CEO of BMXI cannot deliver on his promise to get the audit filed, it is his FIDUCIARY DUTY to resign and let someone else move the company forward.
aimho
You must have an inside connection to Nils because his IR person answers all emails from the company. Since you most likely do, can you tell us, when will the audit filing be announced by the company? The audit has been imminent since 2020, but Covid-19 derailed it. The quarterly numbers are not moving the ticker price much. As a matter of fact, the BMXI ticker has been moving down this year. Surely and undoubtedly you have more information than you are providing on this board. How about giving us some more information on the audit filing? This stock is not going anywhere, without that audit filing and I believe you are aware of that. imho
They, whoever they is, need to release the Kracken to swallow up these market market makers and let this stock price shoot up. My 540k + shares are ready, willing and able to be sold in short order. Free shares waiting for a runner.
I saw a grizzly bear in Yellowstone Park a week ago, but no audit seen. Am not familiar with people personally touting or running BMXI in the ground. Did sleep in a Holiday Inn in the past.
The audit company for BMXI MAS: Co-owner and was seen in a photo with Nils earlier this year. https://maspartner.com/wp-content/uploads/2023/08/Ankit-Jain-min.png
https://twitter.com/brookmountgold/status/1661692444830756864/photo/1
MAS: Focus on strengthening the core
? Execution of medium to large scale PAN India projects
? Registered with PCAOB, USA
? Audited first US listed company
? Organic Growth in basic accounting services
? Workforce built upto 50 employees and served 100+ clients
2010-2015: Build Phase
Getting stronger foothold
? Became ISO 9001:2008 & ISO 27001:2008 certified
? Became a member firm of TAG-SP, expanding its footprints in 15+ Western Countries
? Became a member firm of TIAG
? Grew into a strong team of 100+ employees, serving 250+ clients
https://maspartner.com/about-us/
2016-2019: Growth Phase
Strengthening market position
? Expanded service offerings across countries in Europe, Asia-Pacific, Middle-East, Canada, Australia, the US and the UK
? Added new services to the existing bouquet including, International Tax Advisory, Bookkeeping and Accounting, HR & Payroll services, Company Formation, Overseas Compliance Support, Business Licenses and Inter-Country Tax Registrations
? Members accredited with CPA(USA) & ACCA(UK) certifications
?Enrolled as member firm of UTN, expanding firm's presence in taxation internationally
?Strength enlarged to 150+ employees and clientele expanded to 500+ clients
2020-2023: Current Phase
Well, at least when you get to the bottom, there is only one way to look and that is up. With 200 million a/s, guess a reverse split would be awesome and next to nil to sell with a 1 to 10 to 100 r/s. The alternative is to have creditors rush in and tie up the company as before in a receivership? What's next? No audit will appear? CEO selling a bad bill of goods? Time to retire it seems. all imho!!!!!
Seems you have plenty of patience. Good for you. If the audit is imminent, the the audit cannot be overwhelming. The audit should be completed by this time. Why do I think that? Too much time has gone by and the CEO has been stalling the filing, of the report for the last twelve to eighteen months in my opinion. Most likely because the CEO is trying to secure an/more investment(s) into the company, without revealing details in an audit that he does not want to be seen, until investment deal(s) are done. IMHO!!!! Here is a possible reason for the audit delay. Securing an agreement, before releasing the audit:
Exciting developments at our Moosehorn property in the Tintina Gold Belt, Yukon! 🛠️
✅ Drafted $2M production budget for equipment & ground works
✅ 39,040oz of 43-101 compliant resource (12.1g/tonne)
✅ 100,732oz of non-compliant resource (11.4g/tonne)
✅ 2,000oz au estimated… pic.twitter.com/EHkzb87uOx
— brookmountgold (@brookmountgold) September 20, 2023
Where is that imminent audit? Must be lost in India?
Still no audit and more shares to sell?
Has anyone called the audit company for information of any kind on BMXI?
https://maspartner.com/about-us/
ad, New Delhi-110052, India
+(91)-11 45596689
Their office building is in a prestigious neighborhood? Not familiar with upscale in India.
https://www.google.com/maps/@28.6998207,77.1582932,3a,90y,165.37h,123.16t/data=!3m7!1e1!3m5!1sNSnnOxSW5cwpgqYhN9SLXg!2e0!6shttps:%2F%2Fstreetviewpixels-pa.googleapis.com%2Fv1%2Fthumbnail%3Fpanoid%3DNSnnOxSW5cwpgqYhN9SLXg%26cb_client%3Dmaps_sv.tactile.gps%26w%3D203%26h%3D100%26yaw%3D186.19852%26pitch%3D0%26thumbfov%3D100!7i13312!8i6656?entry=ttu
So, you are saying brokers and around 290 (Beneficial Shareholders 290 as of 07/25/2023 OTCBB url) BMXI shareholders are mesmerized by a dangling carrot. That is preposterous.
So, you are saying brokers and around 290 (Beneficial Shareholders 290 as of 07/25/2023 OTCBB url) BMXI shareholders are mesmerized by a dangling carrot. That is preposterous. You are dreaming, if you think IHUB is reaching hundreds of thousands of investors daily wanting to chomp on a BMXI carrot. A carrot that is getting old and decrepit.
Certainly, if neophyte investors read this BMXI stock board, they will know better than to bite an old rancid carrot. If they do bite...hey...c'est la vie.
I would be surprised, if Nils has another conference call this year. Nothing more to be said, if he cannot talk about the imminent audit filing which he avoided and said he would not give a time frame. IMHO
What is taking the BMXI audit so long to be completed? Is there something nefarious that cannot be brought to the light of day or what? Asking for a friend.
What is said to be an imminent BMXI audit is just a long dragged out dusty trail of platitudes in my humble and personal opinion.
The CEO needs to act and get this BMXI mining operation on solid ground putting the audit in the rear view mirror. imho
Does anyone know the answers to these questions? May be Nils could answer. How many ounces of gold does BMXI extract each quarter? How many dore bars of gold are poured each quarter and what purity is the average dore bar of gold? Who buys the dore bars of gold from BMXI?
Time to release the audit and tell us and quit hiding behind imminent, right on top of it, only weeks away p/r messages that have not come to fruition in a timely manner.
How long will us BMXI investors be put off on this audit that has been in the formative stages for three or fours years? How long will the proverbial "BMXI audit can" be kicked down the road?
What is said to be an imminent BMXI audit is just a long dragged out dusty trail of platitudes in my humble and personal opinion.
The CEO needs to act and get this BMXI mining operation on solid ground putting the audit in the rear view mirror. imho
Don't worry I will not seek further serious BMXI due diligence from you postings.
Your job here on the BMXI board seems to be suppressing anyone that does not agree with you.
If you have not been paying attention, anyone on the public boards can post their DD, whether good or bad about a company, and even ask provocative questions good or bad about the company they have, had or will invest in. It is not your job to tell people they need to leave this BMXI board. I don't think Investorshub takes kindly to members tell other members to leave IIhub. Could even be a potential TOS violation.
No one said you had to read my posts or reply. Just don't, but I can still post on the board short of TOS violations.
And you cannot answer those BMXI questions either can you, then you proceed to tell me you do not care and I should move along? Well, that is the most profound bit of dd lacking "tidbit of useless diatribe" I have gotten off this board to date. Don't you think those questions should be answered and are necessary and should be given to BMXI investors? Why does BMXI choose not to give out that information and you are not the least bit concerned? Tells me a lot, about your so called investment in BMXI. I want to know!
So, I will ask you the same questions, if you did not read my post. How many ounces of gold does BMXI extract each quarter? How many dore bars of gold are poured each quarter and what purity is the average dore bar of gold? Who buys the dore bars of gold from BMXI?
What are your answers?
https://en.wikipedia.org/wiki/Dor%C3%A9_bar
https://www.bullionbypost.co.uk/index/gold/gold-dore/
Why don't you answer those questions? I doubt you can. The more important question is why belittle me, if you cannot answer important questions about BMXI that you have invested money in? Or do you really have any skin in this game that you are more worried about me than your BMXI investment. You should want to know the answers to questions I asked, about your BMXI investment unless you are not invested in this company. I would like to know the answers. Guess you do not!
How many ounces of gold does BMXI extract each quarter? How many dore bars of gold are poured each quarter and what purity is the average dore bar of gold? Who buys the dore bars of gold from BMXI? You seem to pontificate that you know more and like to demonstrate it on the board. What say you to these questions? After all, BMXI is mining gold. Where is this information? You should readily have it. Seems I have not found this info. I might not be looking in the right place.
https://en.wikipedia.org/wiki/Dor%C3%A9_bar
https://www.bullionbypost.co.uk/index/gold/gold-dore/
Don't you have to have certainly parameters met, before applying for a Nasdaq listing? Having a potential underwriter discussion for BMXI is kind of like putting the cart before the horse. https://www.investopedia.com/ask/answers/nasdaq-listing-requirements/
Another fluff pr! imho!
Not what this pr said. May be they laid off 27 or 28 people right after this pr? This press release was very misleading, if only two or three people are/were working on the audit. May be it would have been better to have those extra 27 or 28 people to finish an audit that has been in the works for the past two, three or more years don't you think?
brookmountgold 5/25/2023
@brookmountgold
As we told you recently, our CEO, Nils Ollquist, landed today in New Dehli, where a team of about 30 professionals at Mercurius Advisory Services, are working to conclude Brookmount Gold's audit.
So, what you are saying is that the audit may not bump up the share price of BMXI? Well, that's just great ain't it? BMXI is running out of press releases to move the BMXI share up? Nils running out of ammunition to sell more shares in the future? Might need a new CEO to push this company in the right direction it seems. imho
At a minimum the audit should be done ASAP.
Guess the next pr will announce an offer has been made to sell the company? May be that will bump the price again.
Nils said he did not want to discuss the audit and did not know, when the audit would be filed on the last cc. Now he is saying the audit is imminent. The underwriter, are they offering shares before or as the audit is submitted or after the SEC approves the filing? Looks like bread crumbs to me cause the stock price is not moving much at all.
My post was about the BMXI audit and not about me, but seems more important for you to be concerned about a bullish sticker. You have not commented on what I posted? Odd that is? Supposedly this is your investment, yet, you focused on me and not the audit. Are you sure you are on the correct stock board? I am talking about the BMXI audit and not about deriding someone because of a silly bullish sticker. What say you about what I posted?
Oh, and try not to use an AI response.
NEW YORK, Mar. 31, 2023 - Brookmount Gold (Brookmount Explorations, Inc.) (OTC:
BMXI) (BMXI.US) provided an update today on the progress of the audit of its financial
statements for the 2020 through 2022 financial years.
The Company had anticipated the completion of the audit within the first quarter of
this year, however the rescheduling of the auditor site visit in Indonesia, in light of
earlier Covid-related travel restrictions, to last week, will delay the completion of the
audit, which now is expected within the next few weeks. The Company is working
closely with the auditors to ensure the completion of the audit in as short a time frame
as possible.
brookmountgold 5/25/2023
@brookmountgold
As we told you recently, our CEO, Nils Ollquist, landed today in New Dehli, where a team of about 30 professionals at Mercurius Advisory Services, are working to conclude Brookmount Gold's audit.
Some 30 professionals working on the audit has Nils so confused he cannot tell shareholders, whether the audit will be finished this year or in 2024? 30 professionals must be having a hard time adding 2 + 2, working on a balance sheet and an income statement for the past three years. From the last CC, Nils cannot commit to a time table for the audit completion. Guess we will not hear about an audit again. Hard to line up financing, when you cannot finish your goals as a CEO. What gives here? imho!
Oh, when I sell my BMXI shares, I will tell you within 48 hours. No reason to hide like most do!
I keep telling people to quit using that word, "assume or assumption." It does not look good on them. Not sold a share. There is no reason to be in love with an investment 24/7. You just do not like what I posted. It all a matter of relativity. You can think and say what you want about my BMXI investments. After all, we are all ghost writers.
Last Price $ Change $ Change % Qty # 0.06 -0.0019 -3.07% 367,702 This is one account with BMXI Still got my 540k + shares.
Heck that timeline of failures is growing quite long, 2020 thru most of 2023. Money is staying in the country and not spent by BMXI to fund gold mining in North America. That funding will have to come from qualified investors or selling stock. Competent accountants should have nailed down this audit. The audit process may have been held up due to Covid-19, but "that dog ain't gonna hunt now." There has been no compelling reason for the audit to not be completed or held up. If there is no audit done by the end of 2023, it is not going to be done or the accountants do not really know how to put one together in my humble opinion. Income statements and balance sheets are not that hard to put together. Certainly, with the time that has passed by. imho!
I think Nils got some good questions during the CC. Seemed taken back by some. He gave up on a time frame for the audit. The IR guy actually tried to redirect the conversation a few times, but Nils stayed on the subject. Nils was definitely flustered. I do not recall him saying transparency or more than twice during the approximately 24 minute cc. Did not conclude by saying another CC would be scheduled, when the audit was done. May be the audit will be done before Christmas 2023. Assuredly by the end of 2024. 2020 to 2024 is a heck, of a long time for an audit to be complete, i.e., five years.
A friend said might need a new CEO before then. Inaction has caused a lot of senior military leaders to be canned because of inaction or ineptitude. imho
Massive BMXI buy at 11:26:46 am
60 cents total for 10 shares (sarc) LMBO!!!!!
Why so negative on your BMXI investment? You sound frustrated. Sounds like cognitive dissonance. Walk away for awhile.
I had the feeling he was flustered that the audit should have been done but was not. You could tell by his talk. Will not be long imho. We shall see!
There is a BMXI CC recording to be posted. Not sure when or where, but I am sure you will find or see the link sooner than later.
These market makers are good at trapping shorts too. S/P could shoot up on a bear trap. Watching and waiting! Audit is almost done according to Nils. He sounded frustrated too. imho
Market makers dropping bid to take advantage of weak hands. Time for the weak ones to sell off. Cheap shares coming. imho
Good question. We should know something by tomorrow mid-morning. Don't you think?
I've read your posts about him and did my own research. Seems he is deeper into this stock than the other two. Would have more to lose on this BMXI stock. More eyes on the third company than the other two. Could be wrong, but think this time the stars are lining up for BMXI. Remember a lot more money is hanging in the balance, if BMXI can navigate to a Nasdaq listing. That is strong motivation for a CEO and insiders to aim for. We will know something on the 23rd. Could be a pop or a bust.
Why would the BMXI A/S be reduced, when one could have diluted so much more at an A/S of 2,000,000,000 shares instead of an A/S of 200,000,000? That was an opportunity to dilute 10 times more. The number of share in the market place as you call BMXI dilution is minuscule compared to penny stocks with A/S of 2 billion shares and more. This is a gold stock company trying to make money selling gold taken from the ground. It takes money to produce gold. You should know this, unless you have no experience in mining gold. If you do not have money to mine, you have to raise cash by selling stock. Crazy to think a company reduces their A/S to reduce their ability to sell more stock. Again, anyone could be right, but my money is on the Audit. Not much to lose in my pocket book for a higher payoff. So, I wait too!