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We bought our shares, when Melvin said buying CMKX was like shooting fish in a barrel. Daryl and Darren bloviated over these Melvin talks on the internet back in 2004. Almost twenty years ago and counting. A settlement is coming you say? Give this to the dust and let the rain settle it. More likely than a settlement concerning money. LMBO!!!!!!!
4 bullet items to accomplish, from the BMXI January 3rd press release. One on the way and another bullet item to be finished by the end of this month.
January 17, 2023 (press release) A/S reduction is approved and in the process, of being reduced to 200 million shares from 2 billion shares (that's a ten fold decrease).
Next bullet item is the investor relations events calendar which is to be released by Jan 31st (date of release of financials, management calls, and other items ).
BB: I second your Let's Go BMXI.
My guess is you will first see the BMXI reduction in A/S on the Nevada SoS site.
Personally, I think company selling or insider selling will wait for the Audit to be done and filed. I would think that would be the next advantageous time to sell on the news for me. imho! Will keep an eye on transfer agent updates on https://www.otcmarkets.com/ for my own guidance. GLTA
That $6/share price target appears to be in it's formative stages in my personal opinion. A/S reduction is by a factor of 10. Hard to see the share price staying low much longer. Once the audit is released, imagine the share price then.
According to the last press release (rumors and rumors of rumors are coming and building towards) material events that are slated to commence this month. Also, the "audit" is to be released within twelve weeks. Now less than ten weeks away from this coming Tuesday.
From the press release:
The Board is pursuing an amendment to the Company’s Articles of Incorporation to significantly reduce the authorized shares of common stock, which will occur upon approval of a majority of the Company’s shareholders. The Company will provide an update on this matter prior to January 31 and will communicate it accordingly.
The Company will publish a detailed investor relations calendar by January 31, including the date of release of financials, management calls, and other items. The Company intends to file its annual report for 2022 by February 28th with OTC Markets pursuant to the proscribed format and timelines.
Added more shares today at 0.075/share
Level 2 looks like a change is coming for share appreciation. Just some intuition and opinion, if insider/creditor selling is finally done. Middle of the month will be behind us by the time stock market trading resumes Tuesday morning. BMXI company news is expected, before or by the 31st of this month.
Picked up some more shares this morning.
Gold powering up towards $2000. Maximum move could reach $2200. imho BMXI would benefit from these moves.
Watching the futures gold market. https://www.investing.com/commodities/gold
U.S. service sector contracts in December
Another factor that may affect BMXI share price is the possibility of a MOAB (mother of all buys: courtesy of Morris Hubbartt) in gold. Stockcharts.com $gold weekly or yearly... 6/60 ma. You can see the beginning of a move up in gold on the ma cross. This will influence the stock price on BMXI. imho
Got to be near the end, of this latest round of dilution. Time to move back up~~~ Time to fry shorty's bu$$!
I'm waiting on 5 or 6 cents a share. Many trading days until 31st of this month. Next pr could double or triple my investment. imho
I like playing this hand. Buy low and wait for the next PR. Has worked for me since last year on BMXI. Seems to work for other penny stocks too. I guess a lot of people do not know how to make bank. Oh well! I'm waiting for end of month and this quarter to see where the price gets too before I sell again. Thanks for all the bearish advice though, but it would not have made me money by not buying low and selling high on BMXI.
I thought you knew. Evidently you do not have a clue. I will enlighten you and others that do not or it has slipped their mind. You always sell on the news in my opinion. That is what I do. I made six grand last week, after the price target PR was released. I sold the very next morning at the bell (gap up in pm gap/up at the opening bell). Had my sells lined up and entered them for sell before the bell.
These companies pay their bills and private investors get their money back through press releases and other events that cause retail investors to buy shares. This is going to happen a few times this year I imagine with this company.
I have already bought in and will wait for the next substantial press release(s) that will peek interest in buying shares again.
When BMXI executes a reduction in A/S and releases the audit for public viewing, I believe the stock price will go past 75 cents a share. Again that is my personal opinion as I stated last year.
Was that a 59 + grand buy at the close on BMXI? 724,469 shares
Good job. I made 6 grand on the run up last week. Already bought back to the shares I had last week and still hold profit. Looking to get more as the month progresses.
No more "in the process or final draft stage" of the audit. From today's BMXI press release: ...The Board of
Directors anticipates the completion of the audit within the first quarter of this year...
...The audited financial statements will be released upon completion
of the audit. The Company will provide official updates as necessary...
Expect the audit filing this quarter is what I read into this. PR did not say audit process to be reported on or final draft stage of audit to be reported on.
The company anticipates audit completion this quarter.
I am seeing the MM Puma on BMXI from time to time. From what I gather: ...Of all those listed, PUMA is one which can make you pull your hair out more often than not. A lot of times you will see PUMA on the high bid and rarely, if ever, on the ask. Then, there are times where you will see PUMA boxed in (on the high bid and the high ask) with a wide enough spread to “scalp” the in between as well as scare investors into selling to them on the bid.
What PUMA will be looking to accomplish is one of two things: either accumulating ahead of an anticipated public event, or a short covering before a possible move to the upside. Either way, this battle can last weeks and makes seeing them atop the bid/ask of a ticker one you will only want to enter into if it’s understood you could be there for awhile...
https://www.32trades.com/market-makers-knowing-what-youre-up-against/
No Covid-19 2022 excuse for not completing the filings. I see no choice, but to file the audit or his cash cow will sink. As CEO, seems that filing the Audit and reducing the A/S would bring in more money for the company to operate in the long run. imho
Buying penny stock is a gamble anyway. I am buying more today and this month. Taking my chances on this pr. I have a few thousand to risk for a possible big payoff with BMXI. BMXI risks huge credibility issues this time around, if they do not come through on this pr. I am going with the fulfillment of the pr this year.
I bought in at a dime yesterday. Loaded up my sells, before the bell at 2500 shares per order. Had multiple pages open and did quite well between 0.25 and 0.31. Bottom sells were at .18 for 5000 shares. I learned, from the previous run this could happen. Gap in the afternoon, sell into the open. That is what I did. Those that did not sell at the opening or bought at the opening...well to their own way of trading they go. I did re-enter again at a lower price today. Looking for another run next year. Company will release prs to sell shares. Buy low and sell higher in my opinion.
Well that prediction did not hold up for long. Was a good time to buy back in. Your sage advice made some people money. Buy low and sell higher. Thanks!!!!
Waiting on PSAR to turn up, before I enter a trade.
What do you think, about the 6 dollar/share analyst's call? Think this BMXI is still a diamond ready to shine?
Imagine a 19,553,206 float, a 6 dollar/share price target and audited filings with A/S share reduction. That is a potent kick in the share price in my opinion. BMXI CEO has mentioned the audit and A/S reduction a few months back.
You did not hear? BMXI price target is 6 dollars a share mentioned by a two time Wall Street analyst winner.
This latest news presages a new press release(s) or other information campaign to raise greater awareness and mostly likely money in my opinion. I am looking for share appreciation myself. Should see gold and silver rise in 2023. Valuations will only go up, if that happens in my opinion.
Finished Christmas. Time for the New year. Still sticking with my 75 cents/share. imho!
Do you pay for the research written text? Is this like a pr, but produced by a third party and not your own pr people? https://www.hillsresearch.com/who-chooses-lhr/
It's been eighteen years, since the CMKX party was held in Vegas. You did not win a prize or a Kia that night? Guess you not gonna get paid then. You should have feasted on the dinner and drinks that night. Enjoyed the entertainment too because that is likely the only payback, from an investment scam you will likely ever see in your lifetime. imho
The only scam stock I was invested in that actually gave me back more money that I invested in was LAHO. Got my money back in April of this year, after the stock was d-listed back in September of 2019.
Gold is taking a hit right now. Might wait til the dust settles. imho
Nice generic presentation. Everything is a go and time table is amendable for any changes that may happen to move quicker or slower as work demands. Yep that's what I got out of the presentation.
Last I remember from a prior video, someone asked about share reduction and he skirted the issue. Talked about key voters being scattered across the world and that BMXI needed capital to operate. May be he will give some clarity on A/S reduction this time around. The filing everyone wants to see sure is elusive. A/S reduction and filing done and this stock can move fast. imho
FRTX still on your radar?
I'm selling a few thousand shares right now. Need some Christmas money.
Curious for sure.
I think this run could be more explosive than the last one, with the current quarterly results. MM like to run under valued stocks up fast sometimes. FOMO makes them money and early investors money as well. We shall see. imho
What is recognized as a “reserve” and “resource “ under SEC?