unkown
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Our time will come! Expect to be hearing from company shortly with more details about their profitable growth plans! Maybe a preview of 2nd Q's results. IMHO
One more belch (excuse expression) please as I would like a few more 15's to round out my position. I think they are waiting to see if the bid will build up a little higher first. IMHO
I would think 14-15 would hold here as the floor as it did last time. If the 10K is released on Monday we could easily be back in 30's next week testing that 40 level again. IMHO
We are getting the wash-out at 15. Be nice if 15 would hold and we can finish up conversions at this level and get back to regular trading next week. IMHO
I strongly believe pennies are doable. The 10k plus reaffirmation of the first aquisition plus no diluters/shorters stopping our momo and we should have clear sailing to at least 1 penny! Additional news of 2nd aquisition and new bank line of credit will only take it higher. Also awaiting news of end of convertible debt, of course. Can't forget about that one! IMHO
Looking for a big wash-out here at 15. Hopefully enough to finish things out but who knows as these conversions wind down. But I am pretty sure we will be able to sell these shares at a much higher price with-in a couple of weeks if we choose to! IMHO
I trust your information and believe this is just BMAK and friends selling that last stack of convertible shares. Company probably waiting till there about done to release 10K and aquisition news. Then the share price can rise past the 30's (to a fair value) without having the diluters knock it down like the last few times! I think if we put some large bids in a 16 we could speed up the process. My last one at 17 was gobbled up quickly. Should have tried 16 instead but who knows how low they will scoop. Still a great buy at this level! IMHO
I take that all back! Geesh! IMHO
I really like how this trading is setting up. Seems like the flippers who bought at 6 are finally out and it looks thin again going up from here. Another buyer coming in now could send it off. Though we are never sure how many CDEL is holding back there. If not today, I think next week will be a week to remember for many of us here. I have a good amount of shares and will not think of selling any time soon. This will run to 15 and then the 30's before you know it. To me $BMIX is special and we are in at a very special price down here! IMHO
I agree 100%! Should be exciting times ahead for $BMIX!
The buyer will probably have to raise their bid to 9 to fill the rest of his original 28.5M bid. Need some more buyers to join him (her). A word from the company would be nice about now. IMHO
My take.... A "whale" noticed our large volume yesterday. (5th highest on OTC) He (she) did a little research, saw conversions ended, studied our great DD and decided this was really a no-risk bet at this point to buy a bunch down at this level!. You can see from L2 there has been only 1 buyer thus far. Go $BMIX IMHO
Level 2 very interesting this morning all of a sudden!
Nice to see you filled about 1/2 your order anyway! IMHO
Great buying support! Still large 6 bid EOD trying to get more! See you all in the 20's next week.....IMHO
An 8k about conversions being done would be nice tomorrow and then an operational update PR next week would be fine with me! Good luck to us all! Go $BMIX! IMHO
Talk about a large T-trade!!!!!! Further evidence that they decided to close out all these conversions by the last day of the Q! IMHO
I believe your wish will becoming true very shortly after today! IMHO
Looking at the trades for today there was not as much dilution as I first thought. You can see a lot of trades double-counted as they were again sold (MM to MM) for a tiny-tiny bit less right afterwards. JMHO
The flippers are starting to figure out what just happened and are beginning to smartly pull their ask's. Don't think we will see any more 6's filled. JMHO
That could have been the grande finale!!
JMHO
Don't really know. A glitch or MM signal or something. But there were many millions on the bid between that 500 trade at .0001 and price of previous trade that should have filled first. IMHO
Yes, a couple of nice bookends on the daily chart on each end of June. Kind of indicates what the entire month has been like. While it has provided prolonged great buying opportunities; I'm ready for ready for some normalized suppy/demand trading. The sooner the better! Sure hope that today is the grand finale! Go $BMIX! JMHO
I was just thinking that same thing about this being the last day of the month and maybe they want to clean out their books! IMHO
Those buying 7's should be happy today and I'd guess will be even happier a few days/weeks down the road. We know these conversions are getting closer to ending every day but it seems impossible to predict exactly when that will be. But as we saw the last couple of days when they do stop the ask gets extremely thin on L2. When $BMIX is officially over with floor-less convertibles and we hear the positive mining operational update we expect, this stock will become very volatile in the upward direction, I would guess. That is what I'm here waiting and watching for. I envision $BMIX SP to continually rise this next 12 months after doing the opposite these last 12. A nice "U" on the 2-year chart in 12 months would look extremely nice! IMHO
Not understanding this selling. I estimate company should be reporting over a 100% increase in sales vs. 2nd quarter of last year when the next results come out! And I believe they said they sould remain profitable. I would think there would be buying in anticipation of this - not selling. IMHO
Nice quiet day with no sellers. Thinking we won't see any news now until next Monday being it's a short holiday week. L2 is looking very thin! JMHO
I also believe we have bottomed here and I did pick up a nice starter position. Don't see much downside here because we don't have any convertible debt to worry about.
Are there many other larger franchises (besides Atlanta) that we could be buying back? Greenville was a nice addition at about $500,000 annual revenue but the rest must have been quite small. Maybe Atlanta wants to reverse merge into us as it seems quite large for us to swallow! Or, more likely, there could be another company waiting to buy/merge with us after we unite with Atlanta and become more viable. Throwing out future scenarios that might fit with Jeff's announcement to be a little more aggressive in the future. Just my wild speculation! IMHO
Thanks for that information. I did receive a response back from Mr. Sarvis indirectly through someone else at the office. The only comment about the increase in AS was that "is in the best interest of the long range plans for SHOM". It was also mentioned to me that "He is working on an audio that will post soon with more about SHOM direction." It was also related Mr. Sarvis has stated publically that he has never sold even one share of SHOM stock. Also mentioned about not being comfortable taking on any debt at this time and also sounded like he would entertain sale of company if in best interest of shareholders. And talked about changing to a more offensive posture even if it means taking some calculated risk. That was the jist of it anyway. IMHO
Thanks. The $.018 isn't really my target but was just showing price comparision from about 18 months ago when $BMIX had not near as much going for it as it has now. My target will be higher but I need to see some operational updates first. This price is more of a floor level that I think we should be trading at when we can verify that the company is running on all cylinders operationally and there is no more convertible debt! IMHO
Excerpt from BMIX 8k 9-Sep-2014
"On November 30, 2013, the Board of Directors of the Company rescinded and cancelled options granted to the Chief Executive Officer on April 18, 2013 to purchase an aggregate of 2,000,000 shares of the Company's Common Stock (the "April 2013 Options") and instead issued to him 2,000,000 shares of the Company's Common Stock with a deemed value as of November 30, 2013 of $180,000. The April 2013 Options had a deemed value of $741,766 as of the date of grant and a deemed value of $36,272 as of November 30, 2013."
Options to purchase 2M shares in April 2013 were worth $741,766. Those 2M shares themselves were worth $180,000 in Nov 2013 and $1400 as of market close Friday. This severe price depreciation over time is normal in Pinkyland as the CEO blows the money on some business plan that never had a chance or just spends it himself by traveling or whatever. The money is gone with no assets to show for it and large debts piled up.
$Bmix, however, at this stage is completely different from the typical Pinkie trip zip. It has increased assets and now owns 100% of it's main mine while also having aquired 50% of a large adjacent mining area. It has purchased capital equipment and added high-margin sand sales to go with the diamonds and gold. It has also reduced debt and operationally and financially is much stronger now than before. This is what happens when you have a CEO who is actually dedicated to building a company for the future despite the growing pains we have witnessed.
All of these improvements came at the expense of approx. 10X's more shares outstanding than before. In that case, the way I see it $BMIX shares today should definitely be worth more than $180,000 / 10 = $18,000 / 2M = .009. I believe we have at least twice as valuable a company today with all the above-mentioned improvements and would put a comparative price today on @BMIX stock of 2 x .009 or 1.8 cents. JMHO
Must of us here realize the rare gem we have here in $BMIX. With the encouraging operational update I am expecting soon I would guess your price goals could be reached in weeks and days rather than months and weeks. We all need to understand exactly what a unique opportunity we have here with $BMIX and to know what the stock is really worth. With seemingly large outside investors plus CEO plus large investors here we probably control a good bit of the float.We hang tight when it runs and we could get to those rightly deserved levels and more very quickly! JMHO
Thanks for $.0007 paint! That will help our % gains look better on Monday as we crash thru those tens! Enjoy your weekend everyone! IMHO
Buyers seem to be watching and waiting but I believe by the end of the day all of those nines will be gone. Today could be last chance to buy trips! Once the convertible debt is officially eliminated .0025 will become the new .0006 (temporary floor) and incursions into the pennies will follow. IMHO
Probably just some technical glitch. But it does make our 52 week low .0001 which I do not like the looks of. This stock should have never even hit .0006. $BMIX owns a fully functioning mine that could easily have an annual revenue in excess of twice the market cap. Valuation here makes no sense except for temporary effect of convertible debt and that is about to change! JMHO
You guys might have to just bite the bullet and slap those 8's before they disappear too! Good luck to you both! IMHO
I cannot figure out why the SP is so low for $SHOM. It has recently become profitable yet it's share price nosedived! The recent increase in AS is the only concern I have with $SHOM. Does anyone here know the reason it was increased that much? I know they have been using some shares to purchase some of their franchisees but should need nowhere that amount even for the larger ones. I did email the company asking that question but they have been slow getting back with an answer although I did get a nice acknowledgement back very promptly. Thanks in advance.
Yup! That bump up to 10 will get someone's attention! Just shows how thin this puppy is up to that level. We will not be in the trips much longer. This might just be the last week to be able to pick any more up! IMHO
Great day here! Nice close at 8! Soon the technical people with their charts will be here buying like the rest of us here who believe strongly in the fundamentals of $BMIX. IMHO
I also believe they still have some left. But probably (hopefully?) not much. Yesterday near the close they were selling into the bid at 7 in their 500K increments until the bid was down to about nothing. Hard to imagine that that number was exactly what they had left. I think they will try to maximize their profits with whatever they have left by selling into the rising SP. They back off like today (even without any news) and the SP should drift upward without that constant selling pressure. Maybe it's their turn to ask-sit now following all the bid-sitting we've done lately. Good luck to all! IMHO
This is like the lull before the storm. I also have a feeling that we will get news next week that will change all this. Maybe another slow day tomorrow? Probably no dilution at all today. Just some buying into and selling by some retail flippers. Somebody was lucky enough to get a few 7's today. Could be about last call for them. IMHO