Does anyone have a scottrade problem?

i dont believe in this company anymore....

nice beautiful big fat drop

go away

stop being sarcastic. Don't say anything if you are just going to attack someone. You aren't helpful.

I'm not selling, but is anyone even able to sell if they wanted to? c\I'm with scottrade, and it says i cant trade my stock yet

May 9, 2006 Split 1:50 was the last one i found

Avoid shorting the reverse split stocks with decent financial strength. Ethyl (EY, news, msgs), a small Richmond, Va., producer of fuel additives and lubricants, might have appeared to be a good short candidate after it did a reverse stock split at the end of June. But a closer look would have revealed good enough cash flow to survive -- despite high debt levels that were troubling investors.

Sure enough, Ethyl -- which has no coverage by Wall Street analysts -- recently tacked on a short-killing 50% when it announced good quarterly results. Most of the penny stocks that do reverse splits have cash flow problems, says David Fiorenza, finance chief for the company. But we make stuff and sell stuff and we have good cash flow. The company is also around 30% owned by insiders, another sign of strength to watch for.

BMGI better project good cash flow. Even though they are in debt, the stock could rise after the split if the debt decreases. IMHO

Avoid shorting the reverse split stocks with decent financial strength. Ethyl (EY, news, msgs), a small Richmond, Va., producer of fuel additives and lubricants, might have appeared to be a good short candidate after it did a reverse stock split at the end of June. But a closer look would have revealed good enough cash flow to survive -- despite high debt levels that were troubling investors.

Sure enough, Ethyl -- which has no coverage by Wall Street analysts -- recently tacked on a short-killing 50% when it announced good quarterly results. Most of the penny stocks that do reverse splits have cash flow problems, says David Fiorenza, finance chief for the company. But we make stuff and sell stuff and we have good cash flow. The company is also around 30% owned by insiders, another sign of strength to watch for.

BMGI better project good cash flow. Even though they are in debt, the stock could rise after the split if the debt decreases. IMHO

Companies usually do a reverse split to increase the price of the stock to more attractive levels, or to remain at a minimum price for a particular exchange. While not necessarily a bad thing, a R/S is a popular method that bad penny stock companies use to continue raising capital through dilution. 'Dilution', if done enough, will eventually leave a stock virtually worthless. The price may go as low as .0001 dollars, the minimum that stocks are tradable by common investors. At this point the company can no longer effectively raise capital by selling more shares.

By performing an R/S, the number of shares on the market decrease, and the price increases back to a "dilutable" level. The dilution starts again, and the cycle can continue over and over. Because of this, a black cloud is associated with the R/S. They normally result in a large selloff by remaining shareholders, causing the price to plummet, and the shareholder value to follow suit.

A "Gagged" transfer agent is one which has been instructed by the company they are working for to not release information, such as the share structure. This is NOT a good situation. There is no legitimate reason for a company to gag their TA. It is almost always done to hide dilution. Without knowing the current number of outstanding shares, an investor has no idea if shares are being sold by the company. Concurrently, without knowing the number of authorized shares, the number of shares that can possibly be sold is not known either. Companies that practice this scam will often issue press releases, or other investor communication containing excuses for having the TA gagged. Unknowing investors will buy these up, and continue holding shares, or even buying more.

I feel like BMGI is doing two of the worst things a stock should ever do. I know they are trying to make it appealing to other investors by raising the price of the stock, but people who are already invested may sell as quickly as they can.

what breakout board are you talking about?

yea i agree completely. The month of October should be interesting.

It was just their suggested release date for their ExecuCast TV to get up and running. ITs not uncommon for companies to push back their release date, but this doesn't help their credibility in my opinion.

ExecuCast TV didnt meet its suggested release month

tomorrow should be a big day......

no bid....again...

I hope you are wrong. I'm not trying to lose my money on this one......

This company is taken dumps left and right.....

big star live took me to Go Daddy.com......guess thats how they created this page. Weird how it says the page expired on the 16th...

There are signs of this stock being bearish and signs of this stock bullish. There are many mixed signals in this stock. Only time will tell what will happen. IMO

Here is a little information about the company AGS investing 7 million in the
company. Sounds like a very outstanding company. Hopefully we see some investors trusting in AGS, so they can make a decision about BMGI.
http://www.agscapitalgroup.com/Reserve_Equity_Financing.html

I wish i could invest some more to help us out cuz im invested in this company as well. I hope execucast will make everyone notice when it comes out.

I hope youre right. I believe this is amazing news as well. I justt find it strange that the price has stayed the same.

Does BMGI have a chance to rally at all? If so, when is your projected guesstimate?

oh okay. Now i see it. Well i hope that doesn't happen because I'm invested in this company lol

How could it not? If what your saying is correct and the MMs are fed up, wouldn't they be selling off their shares?

just because a company stays at its price of .0001 for several days does not mean it is a a scam or that its not worth investing in. The only reason why its been like this is because volatility is really bad right now. However, the past two days the volume has been near or at 150,000,000. Now that's ridiculous. This means one of two things. One, people are panicking and selling their stocks like mad. Or, people are buying buying buying because they know the stock will rise. Time will only tell if the pessimists or the optimists are right.

"Casavant persuaded CMKM’s investors that the reported high trading volume in CMKM stock reflected extensive ‘naked short selling’ rather than ordinary stock dilution.”
http://norris.blogs.nytimes.com/2008/04/07/making-millions-from-fraud/

No prominent person is saying this. The SEC and Buyins.com are the only ones that are. True, that McLaughlin was involved with 1.5 million dollars of fraud relating to BMGI's old name Blue Wireless & Data in Dallas, Texas. However, He is not the CEO of the company, Jeff Skillen is. You might say that McLaughlin worked the scam of a company Evolution Fuels, but again, he is not the CEO. He may be trying to do backdoor deals, but that would only be speculation. So the claim of this company of being a scam does not have very much substance. It is wrong that they do not return your phone calls, but that does not automatically make this company a scam.

The only thing that will raise this stock is a good yearly. Good news will always help, but investors are going to stray away from this stock unless BMGI shows the investors the numbers. All that dilution really scared investors away. IMO

This stock will surge if it posts good numbers at its yearly.

Just bought 2.7 Million shares. Hope this company rises!