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I really don't understand why this isn't moving. The MM on the ask isn't even of the dilutors
At what point is the 13G required to be filed?
Thoughts on post regarding notes in Q that was just posted.
Excuse my ignorance, but why would a broker receive something from CDNL? What would it be? Thanks in advance
Rarefind: What do you mean final washout? Thanks.
When BKRT & VNDM show up on the ask, it is typically a sign of them selling shares on behalf of the company. Even if they are only showing 10K of shares on the ask. I am a big supporter of BSSP. I am just pointing out what I have seen in the past.
BKRT back at .0014. Everytime they show up, we can't move up.
cjstocksup: I know you are high on BSSP. Just curious if you are worried about the authorized shares being increased to 1B in August. I understand what the outstanding shares is currently at approximately 100M. Just curious if you are concerned with dilution. Thanks in advance.
What does it mean when NITE is on the bid and ask with 2M? Just curious. Thanks.
Has anyone confirmed the OS and Authorized Shares with Transfer Agent?
iancnyc: Boy you are confident in this stock. Is .0012 still short term goal? I know you said previously your avg was just under .0006.
Whoa. Who is selling 3M at .0005????
There is 20M on the ask at .0006. That is a lot of ask slapping that needs to happen
I can't believe that there isn't any trading interest in this stock. 9M shares is nothing and we haven't had a trade in 4 hours.
So when do you think DRNK will see some movement?
Funny how Penny Dreams did not mention that DRNK was at .0007 when they sent out their alert and that the AS has increased to 2.2 billion
price expectations today? How many shares does everyone think are in the public float now that the AS is 2.2 billion?
iancync: Are you surprised Penny Dream hasn't come out with an update since Thursday? Seems odd
10 million sell at .0004?
Do you guys think the current price has already built in the increase of outstanding shares? Didn't see what the effective date was of the increase. My guess was that the increase was the cause of the massive volume a couple of days ago and held the price down. Let me know your thoughts. Thanks in advance.
No trades for nearly 2 hours?
Why are your expectations on share price?
Thanks for the explanation. What price did you get in at yesterday and how many shares? I have nearly 5 million at .0007. I thought I did a great job getting in at that price right at the open yesterday but I guess not.
iancnyc: Why do say it is a fake wall at 6? Just curious.
There has been 11M on the ask for a few hours. If it is dilution, I don't understand how it hasn't gone down even more. This stock closed at .0007 yesterday
wayno2: Can you please explain what you mean we have the Red Bull guys? Can you give me a link? Thank in advance.
Mikey: What are your realistic price targets? What time frame? Thanks.
Just bought in today and was wondering if someone can give me a brief overview if there is any reason that this stock dropped from .0018 over a month ago? Also, I see that the 52 week high is at 54 cents. Was there a huge amount of shares issued? Thanks in advance.
$BMXC Bemax Launch Ecommerce Store
DALLAS, Ga., Oct. 15, 2015 /PRNewswire/ -- Bemax, Inc. (OTCBB: BMXC), a global distribution company focused on exporting and distribution of disposable baby diapers, today announced the launch of its new ecommerce website bemaxinc.com/store. Bemax new site provides quick and intuitive access to our private-labels and enhances the quality and availability of our Mother's Choice and Mother's Touch labels to our customers.
The new website bring Bemax to revenue generating stage, better communicates to prospective customers and stakeholders of what Bemax can bring to market – a leading edge, cost effective disposable diaper for the consumable and household markets. The new website will serve and receive purchase orders from our wholesale and retail customers respectively.
"Our new website store reflects the direction we are heading and reinforces our dedication to our expansion plans. By shifting the focus to the benefits that people can gain with our private-label products, we are showing how our user-friendly, cost effective brands can fit into daily lives of users of our private-labels," commented Taiwo Aimasiko, Bemax President and CEO. "As we move toward the anticipated revenue generating stage of our business, we are eager to increase shareholders' value and consistently communicate sales updates directly to the public in a timely manner".
About Bemax Inc.
Bemax Inc. export Disposable Baby Diapers from U.S. and Canada and distribute in London, and South Africa and other emerging markets. We also export from manufacturers from Asia and distribute to other growing Markets. Bemax focus on extensive and far-reaching global network among wholesalers, large discounting retailers and supermarkets as well as entry into the ecommerce arena to reach households directly through subscription orders. We focus to supply our clients with disposable baby diapers from manufacturers in North America where quality is superior. Please visit the company website at www.bemaxinc.com.
There isn't any dumping as only 18K have been traded thus far. It looks like some investors dump it this morning who bought yesterday hoping for a quick score. I emailed Penny Dream and they said they spoke with management again this morning and they confirmed that there isn't any dumping going on and news is coming over the next couple of weeks.
Hey iancnyc. I was happy to see the constant communication from Pennystock dream as well. Obviously, they are compensated for promoting a company but it appears they go the extra mile for the platinum members. I just became a platinum member. How would you rate their picks overall? How long do you usually hold a position with one of their picks? Thanks in advance.
Thanks for the update. Let me know if you speak to him again and what you find out. My guess I that we will see a lot more volume and activity beginning tomorrow. It just won't be you and I talking to each other.
The owner is the only employee per the 10K. They do not have many expenses. What else did the owner say when you spoke to him today?
I agree. Also, the price was just at $1.50 not even two months ago. I would think this stock can run quickly with some volume. Only 68K traded so far today. There are only 4 MM's on the bid and 5 MM's on the ask and the quantities are all very small
I didn't see any toxic financing. I assume they increased the Outstanding Shares to be able to issue shares to raise cash but I haven't seen any filings to state that hey have done so. They did have $500K in deferred revenue that was supposed to be collected in the 4th quarter so that should satisfy much, if not all, of their short term cash needs. The owner could be issued more shares for his services or for additional capital he may put it in, however, doesn't seem like he is selling any shares. He owns 78% of the shares at this point
If you don't mind me asking, how many shares do you have and at what average? When did you buy in? I bought 3K this morning at 50 cents.
I knew the float was tight even though the O/S is around 500M. The last 10K stated that the owner owned approximately 78% of the outstanding shares.
Looks like this has very low volume and not many MM's trading it. Could move very fast. Company did a 50-1 forward split back in June. Any price estimates here?
Is everyone out? Seemed to be many positive investors here but everything is really quiet now. I would have thought shares would be purchased at these low prices if people still believed.
Difficult to move forward without any volume. Very puzzling.