Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Using Google there is 74 listings for Linden Asset Management with numerous cases of their death spiral financing.
With BMRX and others all you have to do is read their own SEC filings which disclosed in detail which I posted earlier today both the Linden and BIL deals.
Compare the dates of those deals....pull up the stock chart and see how the financing destroyed the PPS immediately.
BMRX has gone from $1.35 to $.365 in less than 5 months. How does this make BMRX executives smarter. Actual the opposite is fact, they obviously did not learn their lesson the 1st time with Linden.
Then they were stupid enough to believe the BS from BIL they were getting $5 Million of Sequiam assets which the bankruptcy filings put at less than $500,000.
So what did they get for taking this death spiral financing....nothing but the trashing of the shareholders.
Only unknown is when the 8K will hit, what is fact that it will be massive dilution and this stock will tank overnight.
Look at BMRX filings. Linden was the 1st death spiral financing done by BMRX. Stock crashed from $1.35 to $.365 today.
Crestview and BIL are even worse vultures. They hunt out CEO's like Nick and Basile who are not to intelligent and rape the shareholders every time.
Anyone holding till the 8K is not a very smart investor. BMRX filings aready stated they are taking BIL death spiral financing. So if somebody can't do the simple math then they deserve to lose their investment.
Anyone who sold when BMRX when the announced the first death spiral financing would have gotten $1.35, not the $.365 today or $.10 in next 30 days.
BMRX Financing Plan announced in March 19 press release:
"Robert Hoyt, managing partner at Crestview Capital, the majority owner of Biometric Investors, LLC. "Crestview has agreed to take the lead in bioMETRX's next round of funding that is expected to total between $11.0 and $15.0 million, including the contribution of assets valued in excess of $5 million dollars," added Mr. Hoyt."
$11 to $15 Million in funding at normal 50% discount ($.20)from trailing 5 day bid price average would be from a low of 55,000,000 shares for $11,000,000 and 75,000,000 for $15,000,000.
Finally in Bankruptcy court Sequiam had less than $500,000 assets not the $5,000,000 BIL was claiming to transfer in the deal.
Looks like today is first on many days to be known as the Crestsewer Crapper. Down $.05 buying stopping now hitting the bid.
Anyone who even believes in BMRX should be at least smart enogh to dump now and then decide after details of the 8K if you want to buy back.
Check stock reaction after financing with Linden Asset Managment.....dropped dramtically.
History usually repeats itself but more so with "death spiral" financing.
Shorting immediately same as BMRX. I bought some SQUME last week at $.001 because I think somebody will do something with the shell. Bought with free money shorting BMRX.
I clear thru Nite. I suggest everyone go back and read details of Crestview financing. Millions of shares at $.01 and unreally high interest rates.
Shorters follow these "death spiral" financiers from stock to stock. Google Linden Asset Management or Crestview look at the stock charts right after signing the financing. Not one stock ever goes up. Most go to sub-penny in 90 days.
OK, I will educate you on shorting. Since it went up $.03 shorters get more money for shorting.
Here is how the math works......seeing how after major dilution will put the stock down to a dime....even if it went to $.50 I make money on every share I keep selling. Especially when at earliest I will be able to buy back at a dime in less than 30 days.
Same story at Sequiam. Even though it ran from $.10 to $.15 still shorters made money on every share till it collasped and bought back at $.001. Same profit here every share shorters selling at $.40 to $.43 and buy back at $.10 make @ $.33 a share profit.
BMRX still light years from profitability so this massive debt at super high interest rates will crush the company and any shareholders still crazy enough to hold until reality of 8K smacks this stock like a train.
Don't have to pay any mind to me, but doubtful anyone will ignore 8K when it comes out and proves what I am saying.
Look at every deal Crestview and BIL have done. Always massive dilution. Do you really think they are giving them any money without be issued massive amounts of stock?
Most of the deals get stock at least 50% discount to bid, Crestview did its deal with SQUM at around $.19 and got the stock for a penny. Even at 50% discount the amount of stock issued will be greater than 40,000,000 which is double the entire 0/S.
Anyone with any math skills know that this size of dilution will make BMRX tank just like SQUM. Basile does not even own 10% of his own company and look at the chart since first week of January when it was $.87, now half the price.
This dilution know different than what BMRX did with Linden Asset Managment stock dropped like a rock since that financing. People can post big !!!! marks on a $.03 move to the upside but the chart on this stock does not lie. Anyone who bought in January has now lost half their money in 5 months.
Music to my ears. Glad it is holding up for awhile longer so I can short without hitting the bid. Much more profitable for now to sit on the ask and dump as much as possible before 8K comes out.
Great weekend, weather was perfect and no meetings, just got back last nite. Good thing I could short enough of BMRX to pay for $4.26 per gallon fuel.
Lawsuit info may come out this week, same time I expect the 8K showing shareholders massive dilution of over 200% for the financing.
I suspect between now and Friday we will see 8K from BMRX. Outling new massive dilution with new financing and stock awards to key Sequiam employees needed to stay and fix bugs in BMRX products.
Look for O/S to increase 200% and float about 5 Million of newly vested stock awards.
Hope all the longs here made money from $.24 to $.43 most likely last run here.
Linden Asset Management. Another toxic financing pig you can follow and short any stock they give funding to. Look at BMRX straight downhill since they took money from Linden and now this is fact......
8K to be issued showing millions of new shares double what current O/S is......TIMBERRRRRRRR.
Made just under 100K shorting BMRX this week and doubt I will have to buy back till it hits under a dime in next 30 days.
Just set up Google alerts and follow these pigs doing financing, short the stock and make easy money.
These guys can always find somebody stupid like Nick and Basile to take their money and wipe out shareholders.
I have been with major brokerage house since 1997 since I have huge cash balance they let me short these pigs. Just follow the news, I make my living following pig like Crestsewer and Linden. FREE MONEY
SITTING IN A FEDERAL COURTHOUSE IS NOT INSIDE INFORMATION.
From: Protouch...
Well, it seems that he has admitted on the other board that he was an insider as he claims that he was there. If that is the case, and he is trading on insider information, he can get into big trouble. Also, if he divulges information he received while he was an insider that is not public knowledge, again, it can cause him big trouble. Seemed like an astout enough of a guy with some kind of a research background. Just seems bitter about the whole situation.
SQUM court case was open to the public. Anyone there as I was knows two thing. Crestsewer has no money and there were no assets left for BIL to transfer to the mental midgets like Basile at BMRX.
All the good stuff went out back door in side deals, which is enabled us shorting BMRX this week.
BINGO.... You are correct. Same way I pocketed 100K+ this week shorting Crestsewer new pig. I probably can buy back everything shorted this week from ignorant buyers at less than $.10.
Boat is loaded with free fuel courtesy of BMRX and Bahamas will be great next 5 days. Thanks pumpers.LMAO
NOT Very Smart.
"No matter how you look at a short position right now if you didn't start redeeming those for actual shares you are now considered the "APRIL FOOL"."
Anyone shorting BMRX at $.40 can buy back at a dime in less than 30 days or giving Crestsewer track record just like SQUM I can buy at $.001 and wait for somebody to take over the shell. I am very happy to be shorting BMRX at these levels before REAL INVESTORS figure out the dilution coming.
Only ones making money are shorting at these levels
BIL and Crestsewer, one in the same. They troll till they find executives with low IQ like Nick at SQUM and Mark at BMRX give them toxic financing, make a fortune and move one to the next patsy who SWALLOWS...their BS.
Big party of one on BMRX board. Not smart enough to know Crestsewer is about to do same the to BMRX they did to SQUM.
Massive dilution for death spiral financing.
Incorrect the more the pump the higher price I get for shorting each day.
Don't want to pour water on their party, just stating fact for every share they buy, I sell and 30 days or sooner let's see who is right....
Want a clue 1- look at chart from 4/27/07 with Linden down from $1.87 to $.30's, I know you like to ignore this in posts but it is fact, not your assumptions.
2- Only an idiot would not understand the second they file the 8-K (VERY SOON) detailing all the stock given out to Sequiam employees and BIL, DILDO, Crestsewer all one in the same this stock will tank.
So investors like myself who follow these maggots like Crestview laugh at the idiots who don't see the massive dilution....and yes it is us who are shorting all the stock at the ask to anyone stupid enough to buy..
Thanks, pays for the fuel for the yacht this weekend.LMAO
Quite simply....I was there.
Transition is far from smooth, most talented employees have left and contracts are toast.
So power play by Crestsewer got nothing, but I should thank them it made me a bundle. LMAO
Sitting in Court when blowhard from Crestsewer and BIL (Big Ignorant Losers) were there. They know it is coming and are burning up the phone lines begging for money.
Crestsewer is broke.....ANY MONEY coming into BMRX is toxic financing.....same crooks win, shareholder lose.
Glad I have been shorting BMRX from over a buck when other crooks Linden entered picture.
Easy money.....Google every time these pigs like Crestview find low IQ CEO like Basile, short stock make bundle.
To easy Google does it all for me and make me a bundle.
Just my opinion. LMAO google any company Crestsewer has funded and look at the chart..
Don't need Spot blind man's dog to see this massive dilution decimating PPS.....TIMBERRRRRRRRR
I am shorting more at $.39.......PLEASE BUY ...I have to buy fuel for the yacht this week.
Why do you think bid on SQUM went from .001 to .003 for no reason?? BIL, Crestsewer (crestview) or BMRX do not own this shell.
Pending lawsuits, which Crestview has lost evertime with SEC, will return to shareholders so a real company will take over this shell.
Do take my word Google the morons associated with Crestview, BIL and new asswipe Ron Lachman aka Terranova and see for your self. LMAO
Thanks,I just love it. I get to dump stock all day long sitting as low seller.
Kudo's don't forget everyone on the board who is dying...OOPS buying....to thank Roger 30 days from now when reality sets in and this goes.......TIMBERRRRRRRR
FYI.. the company I work for has 243% gross margins and last year around 62.3% net profit.
SQUM and BMRX only have tops about 38% GROSS MARGIN....before death spiral financing and top heavy executives who have no background of success.
THIS LEADS TO ONE THING FOR PPS....TIMBERRRRRRR
PS. Sorry that was probably to heavy even admitting that I am shorting everything Crestview finances. But note chart today....30 days later....my posts would have you laughing not crying if you listened.....JMHO
Unfortunately, like most you do not realize what has occurred.
There was 18 hours days planning this so called "surrender" to BIL without the #%$##%idiots Nick and Mark, that basically stripped all the assets out of SQUM.
BMRX is now trying to figure out what the #*#**# they are getting for diluting the stock 500% for this....takeover...LOL
No customers left who will deal with crooks like Crestview and BIL....or soon to pop up RON LACHY>>>>Lachman.
So this shell after class action suits...which cowards like Crestview will run from....will be turned over to shareholders.....Boooyah
It may be that I am a slow reader but I did not find Sequiam customer Fujitsu mentioning BMRX anywhere in this press release....OOPS I forgot that contract is toast,
Fujitsu Introduces World's Most Advanced Full Disk Encryption Technology for Laptop Hard Disk Drive Data Protection - April 21, 2008
New MHZ2 CJ Series Hard Disk Drive Delivers Advanced Hardware-based AES-256 Encryption Improving Both Data Security and System Performance
SUNNYVALE, Calif.,- Fujitsu Computer Products of America, Inc., a leading supplier of innovative computer products including hard disk drives, peripherals and biometric security solutions, today announced full disk encryption (FDE) for its 2.5" 7,200RPM SATA hard disk drive (HDD) line-up with up to 320GB(1), offering the industry's highest security standard for data at rest. The Fujitsu MHZ2 CJ series is the first HDD in the world to support the hardware-based AES-256 bit encryption standard, enabling the HDD to provide the strongest data protection from unauthorized access by setting a password. Fujitsu's line of highly reliable and efficient hard disk drives now includes an HDD that combines maximum data security features with high performance, resulting in an ideal computing environment.
"The cost and consequences associated with DataJacking are rising, but the problem is preventable," according to John Rydning, IDC's research director for HDDs. "Fujitsu's new hardware-based encrypted hard disk drive for notebook PCs exemplifies a simple and easy to implement solution that will substantially reduce the risk of DataJacking."
Current software-based security solutions have a potential weakness, because encryption keys exist in system memory whenever the system is being used. Also, encryption is computationally intensive, which impacts the system performance. In the Fujitsu MHZ2 CJ series, encryption and decryption are performed by the hardware of the drive instead of by the computer's CPU and memory. The key used to encrypt and decrypt data is cryptographically regenerated only when the correct password is received at power-on, and is unattainable when the system is powered off. The drive automatically encrypts and decrypts the data with no impact on the system performance. Hardware- based HDD encryption is the most effective security method available for mobile computing.
"With industry reports estimating 700,000 laptops stolen every year and the associated costs reaching $5.4 billion, organizations are facing a clear and pressing security threat," said David James, vice president, advanced product engineering, Fujitsu Computer Products of America, Inc. "The Fujitsu MHZ2 CJ series creates a simple-to-use and virtually impenetrable data lock down, with no encryption keys remaining on the machine when it is powered off. The data on the disk drive remains inaccessible without the password, delivering advanced protection for the organization owning the machine, and the critical data for which they are responsible."
Along with the full disk encryption protection, the Fujitsu MHZ2 CJ series also addresses organizations' needs to securely and instantly make data on the drive inaccessible when redeploying or disposing of the drive. The advanced secure erase feature immediately invalidates every piece of data just by changing the in-drive encryption key, making the stored data completely indecipherable. With this immediate and secure erasure, the drive significantly saves time and costs for users and companies.
Fujitsu is also an active board member of the Trusted Computing Group (TCG), which is a non-profit industry standards organization that focuses on developing, defining, and promoting open specifications for IT-benefiting trusted computing. Fujitsu will jointly work on the initiatives to support and promote the standardization and development of an ever better security solution.
About Fujitsu
Fujitsu is a leading provider of customer-focused IT and communications solutions for the global marketplace. Pace-setting device technologies, highly reliable computing and communications products, and a worldwide corps of systems and services experts uniquely position Fujitsu to deliver comprehensive solutions that open up infinite possibilities for its customers' success. Headquartered in Tokyo, Fujitsu Limited (TSE:6702 - News) reported consolidated revenues of 5.1 trillion yen (US$43.2 billion) for the fiscal year ended March 31, 2007. See www.fujitsu.com for further information.
About Fujitsu Computer Products of America, Inc.
Fujitsu Computer Products of America, Inc. conducts engineering and marketing activities in Sunnyvale, California, and sales operations throughout the United States. Fujitsu Computer Products of America, Inc. currently offers products and services including hard disk drives, scanners and scanner maintenance, broadcast video products, palm vein recognition technology and 10Gb Ethernet switches. Fujitsu Computer Products of America, Inc. is located at 1255 East Arques Avenue, Sunnyvale, CA, 94085. For more information about Fujitsu products and services, call us at 800-626-4686 or 408-746-7000. For more information, please see: http://us.fujitsu.com/fcpa
(1)One gigabyte (GB) = one billion bytes; accessible capacity will be less and actual capacity depends on the operating environment and formatting.
Fujitsu and the Fujitsu logo are registered trademarks and The Possibilities are Infinite is a trademark of Fujitsu Ltd. All other trademarks are the property of their respective owners. Statements herein are based on normal operating conditions and are not intended to create any implied warranty of merchantability or fitness for a particular purpose. Fujitsu Computer Products of America, Inc. reserves the right to modify at any time without notice these statements, our services, products, and their warranty and performance specifications.
MEDIA CONTACTS:
Ayumi Sakoda
Fujitsu Computer Products of America, Inc.
408/746-7297
asakoda@us.fujitsu.com
Erin Del Llano
Schwartz Communications
415/512-0770
fujitsu@schwartz-pr.com
Source: Fujitsu Computer Products of America, Inc.
THANK YOU FOR CONFIMING ALL MY POSTS WITH YOUR LINK:
1Year return: -80.588%
52 week high: $1.87....today $.33
Outstanding: 19.281 Million
Float: 16.883 Million
SHORT INTEREST:(WHERE THE SMART MONEY IS)26.253 MILLION
Roger, unfortunately whatever your sources they are out of touch with reality. Short interest is bigger than the entire float.
Even anyone with half a brain knows that short interest always predicts reality over any pumping delusions.
Again, unless you are Ed Chen, and you are not, there is zero bio boxes and or vaults in the "west coast warehouse". There is probably about 1000 of each overseas that were never paid for and BMRX does not own. As of about 60 seconds ago there is no deal with anyone connected with BMRX for bio box or vault or their customers.
So until you as your request.....post a link from Ed Chen who owns that inventory....your post is nothing but a delusional dream.
BMRX owns or has zero inventory of bio box/vault and zero inventory.
Sorry, just the facts here.
Roger, Biobox and Biovault won't happen for BMRX that will come to light shortly.
You seem to be jubilant over a few penny increases. Do you not see your own chart above that shows this stock dropping from $1.87 almost a year to the day on 4/25/07 to $.33 today??
Stock has dropped this far already you only have to have very little experience in the stock market to know that sooner than later BIL will put the "death spiral" financing in place.
BMRX will issue between a low of 50 Million to upwards of 100 Million new shares and decimate the PPS of this stock.
I do not care if it is YXZ, SQUM or BMRX all I do is use Google and other alerts to find out which stock is getting financing from Crestview, Linden Asset Management, etc. and then immediately short the stock.
Never goes wrong. Look at stock price here beginning with involvement with Linden. Look at any stock Crestview has ever been involved with, they always get destroyed.
Nobody with even limited experience in the stock market can't comprehend the simple math of what is about to occur here.
You can tout all the new products you want, the margins here just like Sequiam are pathetic, the financing is toxic and the massive dilution in next 30 days is a given.
So you can turn a blind eye to the obvious and ignore the chart above you posted, just remember one thing......
IT IS NEVER SMART TO TRY AND CATCH A FALLING KNIFE.
Like I said I have nothing against BMRX or SQUM I just follow these greedy pigs like Crestview and Linden and twenty or more like them and short every stock they fund.
Check the charts for yourself, I never lose following this strategy. JMHO
As far as the stock goes the only stock Crestview was able to seize that had been posted as collateral is the stock of the former idiot CEO Nick and the incompetent CFO Mark.
I bought all my stock at .001 by sitting on the bid when others were dumping because there will be something new put into this shell. Question left to be decided by the Court is who the owner of the shell will be. Right now shareholders still own it, not BIL, BMRX or Crestview.
Crestview didn't really get any assets as the main value was Fujitsu and Black & Decker which won't deal with them and the manufacturing operation which they were not awarded because Sequiam did not own it. There were zero patents to seize so now new companies can immediately take over the product sales to Fujitsu and Black and Decker and it will not be BMRX.
The court has not ruled on the civil suit by shareholders against BIL and Crestview as the hearing has not yet been set. If you are referring to the bankruptcy case that stay was granted until the Bankruptcy Judge comes back from vacation. BMRX does not own the public shell of Sequiam that is why no symbol change.
No assets to transfer anyway there is no inventory at Sequiam and the biggest contracts with Fujitsu and Black and Decker are toast.
Black and Decker and Fujitsu will soon get the products from another company and it won't be BMRX.
I will only respond to tell you that my source was firsthand and told in confidence. I know of all least one huge suit filed and potential class action may be filed by Monday. Some are actually accumulating shares at the bid on Sequiam knowing full well something else is going into this shell. Most likely after the Court rules against BIL and Crestview or perhaps before because with Crestview's bad record before the SEC I doubt the would want to face a class action shareholders suit in court.
My point here is not to argue with anyone. I am just stating the obvious. I am very happy to be dumping stock at these prices before the next filing by BMRX revealing to you all the exact massive dilution I am warning potential shareholders is coming.
Anyone celebrating this false run up will be the same ones screaming if they buy the stock others are now dumping at these prices when the 8K detailing the dilution for the financing comes out.
Unfortunately your sources must be hearsay, mine are not. I do not post anything that is rumour. There is no saleable inventory in the building and all manufacturing at Sequiam East (SEI) has shutdown and name changed.
All manufacturing and owners of all the tooling and molds belong to somebody else. Unless you are Ed Chen who owns that operation, and I know you are not, then it is really your information that is false.
Sequiam has no inventory for BMRX to takeover, this was a myth. The only inventory still sits overseas in China and has never been paid for plus only amounts to around $400k if they do pay for it.
Worst part of the takeover is that all the product lines fomerly with Sequiam are shutdown and BMRX does not own those operations so it does not have the molds and tooling to produce any of the former products that Fujitsu and Black and Decker were buying which was 90% of the sales.
The problem with both of these companies Sequiam and BMRX is that both have terrible gross margins and extremely high debt costs. Deal with big box stores unfortunately decimate profit margins and takes along time for volume to make up for it.
Finally, Honeywell and other security companies are about to release remote biometric security products that will operate the home security system, garage doors and locks for homeowners. So a product like the Masterlock biometric garage door opener which you have to get out in the rain to use will be obsolete this year when consumers can just use a remote biometric system from their keychain to open garage doors and activate or deactivate alarms.
Honeywell unlike Sequiam or BMRX is well capitalized to control this market in 2008.
Roger, it should be noted that the figure you are quoting of around 16 Million plus is nowhere near the current outstanding shares as of today.
Millions of shares have been issued and millions more under a new SB2 filing since the first of the year.
As per your request here is where you will find out that the O/S is closer to the 19 Million + as I posted.
I refer the board to the same SEC filing you are quoting. To get the accurate O/S as I have you must read the following:
Note 11: Subsequent Events/Common Stock
This will show in detail the millions of shares issued since 1/01/08 and millions more under a new SB2 filing of which 2.5 Million can be immediately issued.
So one must look at the current PPS and factor in these millions of shares in addition to the millions about to be issued for financing and millions of immediately vested stock being given to former Sequiam employees.
I a must trying to point out the basic math. With this dilution which will double to triple the float and most likely bring a 300-400% of the O/S the PPS will decline dramatically from current levels before any possibility of recovering if BMRX can change paths and become profitable.
Answering your previous request (which has now been deleted Your post #82 asking for link to correct O/S) to post the link that had the current O/S and not the 14 Million range you were posting on this board. The information regarding the latest O/S figures I posted were in their latest SEC filing. Your comment of me being "Birthday Boy" and even though it was my first day I was making the board aware of real figures that you as moderator were not aware as you were posting the wrong O/S.
My statement was to help the board not embarrassing the moderator who did not know the current facts.
The dilution I pointed out is just the tip of the iceberg. This stock has already dropped by 2/3 this year. Crestview and BIL do not make stocks go up, their history proves any financing with them comes with massive dilution. Called "Death Spiral Financing" common in penny stocks who fall victim to people like Crestview and BIL.
BMRX already issued an additional 20% common stock last year for financing (not counting warrants issued for defaulting on non-payment of interest payment on that financing). BMRX being led by the nose by BIL and Crestview has received a paltry $250,000 and no meaningful assets from Sequiam. Neither Fujitsu or Black and Decker will deal with them and all the main talent such as Chris Barrow, Bob Aoki from Microsoft and Jake Smith from Intel who bring most of the deals have left.
So now BMRX closing in on 20 Million O/S, Sequiam employees receiving millions of BMRX shares that vest immediately to stay and when the final shoe drops shortly and they take in money from BIL and/or Crestview (which has already been in trouble with the SEC before) they will do to shareholders here exactly what was done to Sequiam Shareholders.
All current BMRX deals are in the area of 35-40% gross margins at best which will not afford this financing and BMRX burn rate. BIL and Crestview know this, they are predatory lenders. Find one company they have funded where they have not destroyed the stock holders. You can't and unfortunately the executives of this company are not smart enough to know they are just BIL and Crestview next patsy.
Anyone buying stock at these levels will wish they had listened to this post in the next 30 days when the stock price tanks to single digits.
Buyer Beware!!
Stop and do the math. Look at BIL and Crestview history, this stock is about to tank big time.
BMRX has already jumped from about 14 Million O/S to almost 20 Million 0/S.
Sequiam employees getting immediately vested stock bigger than entire current float.
Then ten of millions issued to BIL and other to get financing.
So take current PPS divide by 5-10 that will give you good idea where you will be shortly after funding. Sequiam assets which were its customers will not go down same path with same funding crooks, so BMRX really getting nothing for getting Sequaim assets of less than $500,000,
Shame Basile not smart enough to see it coming. Crestview and BIL will destroy this stock just like Sequiam.
You will not have to wait long to see I am right.
I you have not already you better dump it and RUN!!!
Huge Shareholder suits being filed against BIL and Crestview. Highly unlikely that BMRX will get the shell in light of illegal activities that are still before the courts. BMRX shareholders about to get huge surprise of massive dilution occurring from millions of shares to be given to Sequiam employees to stay, tens of millions for the financing. Sound familiar????
Crestview and BIL just going to use Mark Basile as the new nieve whipping boy and destroy his stock just like Nick let them do to Sequiam.
Sad thing is Basile not smart enough to seeing it coming. Predict BMRX will be below $.10 in less than 30 days.