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Oh ok I agree with that. Sorry. I did misunderstand. Knee jerk reaction to anything iHub.
Welcome to the stock market!
Don't be ridiculous. It's not the CEO's job to tweet about his penny stock every five minutes. The public decides what the company is worth.
This is OTC. What did you expect?
why are you posting prices? we can all see the chart.
i couldn't care less. i trust my own judgment.
why because he doesn't tweet every two seconds about what he's doing? let the man work.
man relax, you're losing your head lol
ceo isn't doing anything wrong. he's trying to build a company. the last thing he's thinking about is OUR profits.
no amount of your pumping will make this stock go up. the market is against it right now.
People selling so they can get into marijuana.
sorry everyone! i was wrong. Turns out you have to keep reading :) So yeah, it says the six loans have been paid off even though I count seven loans, but I'm sure i'm missing something again!
read it. what i posted is from the 10q released today. the notes there are due starting feb 16, 2017. the 8k says all the notes due between October 19, 2016 and December 9 2016 are paid. there are still more due.
7. CONVERTIBLE LOANS
On February 16, 2016, the Company issued a Convertible Promissory Note in favor of Crown Bridge Partners, LLC. The principal amount of the loan is $40,000 (forty thousand dollars) with an original issue discount of $4,000 (four thousand dollars) and carries an interest rate of 8% per annum. It becomes due and payable with accrued interest on February 16, 2017. Crown Bridge Partners, LLC. has the option to convert the Note plus accrued interest into common shares of the Company, after 180 days. The conversion rate will be at a discount of 48% of the lowest average price for ten days prior to the actual date of conversion. The Company has the right to prepay any part of the loan plus accrued interest up to 90 days from the issue date, subject to a cash payment of the principal plus 130% interest and 91 days through 180 for a cash payment of the principal plus 150% interest. The Company cannot prepay any amount outstanding after 180 days. This Note has been paid.
On April 19, 2016, the Company issued a Convertible Promissory Note in favor of Crown Bridge Partners, LLC. The principal amount of the loan is $30,000 (thirty thousand dollars) with an original issue discount of $3,500 (three thousand five hundred dollars) and carries an interest rate of 8% per annum. It becomes due and payable with accrued interest on April 19, 2017. Crown Bridge Partners, LLC. has the option to convert the Note plus accrued interest into common shares of the Company, after 180 days. The conversion rate will be at a discount of 48% of the lowest average price for ten days prior to the actual date of conversion. The Company has the right to prepay any part of the loan plus accrued interest up to 90 days from the issue date, subject to a cash payment of the principal plus 130% interest and 91 days through 180 for a cash payment of the principal plus 150% interest. The Company cannot prepay any amount outstanding after 180 days.
On May 9, 2016, the Company issued a Convertible Redeemable Note in favor of Adar Bays, LLC. The principal amount of the loan is $30,000 (thirty thousand dollars) and carries an interest rate of 8% per annum. It becomes due and payable with accrued interest on May 9, 2017.Adar Bays, LLC. has the option to convert the Note plus accrued interest into common shares of the Company, at anytime. The conversion rate will be at a discount of 52% of the lowest average price for fifteen days prior to the actual date of conversion. The Company has the right to prepay any part of the loan plus accrued interest up to 90 days from the issue date, subject to a cash
10
BEMAX INC.
Notes to the Financial Statements
November 30, 2016
(Unaudited)
payment of the principal plus 130% interest and 91 days through 180 for a cash payment of the principal plus 150% interest. The Company cannot prepay any amount outstanding after 180 days.
On May 9, 2016, the Company issued a Convertible Redeemable Note in favor of Eagle Equities, LLC. The principal amount of the loan is $30,000 (thirty thousand dollars) and carries an interest rate of 8% per annum. It becomes due and payable with accrued interest on May 9, 2017.Eagle Equities, LLC. has the option to convert the Note plus accrued interest into common shares of the Company, at anytime. The conversion rate will be at a discount of 52% of the lowest average price for fifteen days prior to the actual date of conversion. The Company has the right to prepay any part of the loan plus accrued interest up to 90 days from the issue date, subject to a cash payment of the principal plus 130% interest and 91 days through 180 for a cash payment of the principal plus 150% interest. The Company cannot prepay any amount outstanding after 180 days.
On May 10, 2016, the Company issued a Convertible Promissory Note in favor of Auctus Fund, LLC. The principal amount of the loan is $77,750 (seventy seven thousand, seven hundred and fifty dollars) with an original issue discount of $6,750 (six thousand, seven hundred and fifty dollars) and carries an interest rate of 8% per annum. It becomes due and payable with accrued interest on May 10, 2017.Auctus Fund, LLC. has the option to convert the Note plus accrued interest into common shares of the Company, at anytime. The conversion rate will be at a discount of 52% of the lowest average price for ten days prior to the actual date of conversion. The Company has the right to prepay any part of the loan plus accrued interest up to 90 days from the issue date, subject to a cash payment of the principal plus 135% interest and 91 days through 120 for a cash payment of the principal plus 140% interest. From 121 through 150 days, prepaying the principle plus accrued interest plus 145% interest and day 151 through 180 days plus interest of 150%.The Company cannot prepay any amount outstanding after 180 days.
On June 2, 2016, the Company issued a Convertible Promissory Note in favor of JSJ Investments Inc. The principal amount of the loan is $55,000 (fifty five thousand dollars) with an original issue discount of $3,000 three thousand dollars) a payment of $2,000 (two thousand dollars)for the Note itself and it carries an interest rate of 8% per annum. It becomes due and payable with accrued interest on June 2, 2017. JSJ Investments, Inc. has the option to convert the Note plus accrued interest into common shares of the Company, at anytime. The conversion rate will be at a discount of 52% of the lowest average price for ten days prior to the actual date of conversion. The Company has the right to prepay any part of the loan plus accrued interest up to 90 days from the issue date, subject to a cash payment of the principal plus 135% interest and 91 days through 120 for a cash payment of the principal plus 140% interest. From 121 through 150 days, prepaying the principle plus accrued interest plus 145% interest and day 151 through 180 days plus interest of 150%.The Company cannot prepay any amount outstanding after 180 days.
On June 14, 2016, the Company issued a Convertible Promissory Note in favor of Black Forest Capital LLC. The principal amount of the loan is $80,000 (eighty thousand dollars) with an original issue discount of $8,000 (eight thousand dollars) a payment of $2,000 (two thousand dollars)for the Note itself and it carries an interest rate of 8% per annum. It becomes due and payable with accrued interest on June 14, 2017. Black Forest Capital, LLC. has the option to convert the Note plus accrued interest into common shares of the Company, at anytime. The conversion rate will be at a discount of 52% of the lowest average price for ten days prior to the actual date of conversion. The Company has the right to prepay any part of the loan plus accrued interest up to 90 days from the issue date, subject to a cash payment of the principal plus 135% interest and 91 days through 120 for a cash payment of the principal plus 140% interest. From 121 through 150 days, prepaying the principle plus accrued interest plus 145% interest and day 151 through 180 days plus interest of 150%.The Company cannot prepay any amount outstanding after 180 days.
On July 14, 2016, the Company repaid the Convertible Loan of $40,000 principal plus interest and fees to Crown Bridge Partners for the loan to the Company of February 16, 2016. Including the principal, the Company paid a total of $62,271.23.
lol exactly
i know i'm just messin with ya
lucky guess
haha we'll see
hey you're still here so i'll take that as a good sign!
yea i mean thats part of the reason why i'm not acting because i know things take more time sometimes. i figure the fundamentals are still strong on this one and patience will pay off. my days of panic selling are over.
i'm not selling on the simple principle that you don't sell at what appears to be a bottom. unfortunately, i bought at the 15 bottom so have to suffer some more it looks like.
0012 up next
yea, not fun to watch. a lot of long time shareholders getting out i feel. people that believed this would go big are getting out. is anybody still holding or buying more? we're losing ihub traction. this has been one of the most posted forums so at least there are probably a lot of people just getting impatient. nothing seems consistent with what we've been hearing about the company and its transparency. i guess i'll just have to wait and see.
Volume at .0007 was 770 million.
Volume at .0016 is 193 million.
Volume at .0016 support is 25% of the volume at .0007 support, or
Volume at .0007 support is 4x the volume of .0016 support.
.0007 is 43% of .0016, or
.0016 is 2.28x .0007
$ Volume at .0016 is 57% of $ volume at .0007, or
$ Volume at .0007 is 1.75x $ volume at .0016
$0.0007 * 770,000,000 = $539,000.00
$0.0016 * 193,000,000 = $308,000.00
What does all this mean? I have no idea.
Here's the chart.
ooo sneaky seller
VNDM and ARXS at 37 and 59. so?
welcome to trading
hmm i believe it. how did you come to learn this?
GTRL is the best stock I've seen in a long time. So much value. Just read what some people are posting here and do some DD and you'll see.
Forget the moon. With volume this will be catching up to New Horizons in no time (New Horizons just passed Pluto).
honestly, we could be here into January. i would maybe find something to do in the meantime lol
was? still is. every good runner churns for a little while before DA MOON. ONCI did this when it was churning under .001
these things take time my friend. you want quick and easy rewards? hit the casino.
why do the mms keep dropping the price with 10k share lots? every time someone buys up they drop it.
good post. i appreciate your opinion and i agree.
ONCI lasted four days in the green after its initial rise from 001 but that was a lot of momentum.
i agree. i'm in it from .95 and refuse to sell. too many mms getting in the way of this going to at least $1.
$9 BUY ON ONCI!!!!!! YES!!!!!!!!
damn. youre right.
Hi, I just want to introduce myself as the only person whose stop was filled at 10. Thank you.
LOL
well yeah that's literally the definition of what happens in a bear market...prices go down...haha
its green because it was higher than the close. any number thats higher than the last mark is going to be green. read the recent post about t trades and their averaging process. and remember for every buyer theres a seller.
i agree. i was also watching a number of otc tickers and they all followed a similar pattern. probably people taking profits for the holidays not wanting to hold over the weekend. also possible that people are taking their money out of otc and putting it in the bigger markets since those are all extremely bullish right now.
how do you know it was a buy? if youre goin off of it being a green number on ihub then thats just because it was at a higher price than the close. also, for every buyer theres a seller, so to say its a buy also means it was a sell. i dont remember if the bid or ask was absorbing shares intraday but most likely thats what happened and it was a t trade. t trades arent necessarily a bad thing. just want to make sure we're all on the same page.
#bullish
i know, i can see, but im trying to figure out if it was a t trade or a buy after hours. it seems really unlikely that it was a purchase made after hours at a price and volume way above the close.
im bullish in this, im just trying to be objective.