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we will see, wont we?
6 cents per share
You are correct.....except, Dr B nor any of teh insiders have ANY INTEREST in selling ANY of the STOCK!
I am UNAWARE of that one, can you please link me?
Todays PR, IMO, shows that BCME is more concerned in building a company and not pumping its stock.
They could have come out with the news Tuesday.....They could have "leaked" it to some and have action today and into the news....They could have a pumper ready when the news came out....They could have thrown in huge dollar and production amounts.....
They could have, THEY DIDN'T!
Instead
They came with the good news on a Friday, before a long weekend....They didn't leak the news to "friends" so that they would have front run and make it seem "hot"....they didn't have numbers or explanations, instead relying on upcoming SEC documents
To me.....This shows, BCME is interested in COMPANY BUILDING and NOT STOCK PUMPING!
Sometimes, not all the time. The SEC filing will tell us
I regret to say
I was right
They are DEAD!
From the PR
Terms and agreements are to be disclosed as part of management's ongoing efforts to bring BCM current with all SEC filings.
I guess we will see!
You are 100% right!
BUT
Non of that is the case here.
Here you go
University Field, BCM's first acquisition (July 2010), serves as a model for pending acquisitions and field operations. BCM Energy owns 100% of the working interests in University Field.
During March, 2011, University Field produced 992 barrels of oil and sold 1,153 barrels of oil from field operations. There are two (2) current producing wells in the field, with workovers to begin in Q2 2011 on an additional four (4) shut-in wells.
CEO Dr. R. Gerald Bailey stated that, "Higher oil prices are definitely supporting our value play in University Field. This acquisition has proven valuable based on recent reserve reports, as compared to our initial acquisition price."
University Field is a producing oil field in East Baton Rouge parish, LA comprised of approximately 300 gross acres with 19 wells in-field, of which most are workover candidates. Management has identified at least one proven undeveloped drilling location, with plans to begin drilling in Q3 2011.
Proven and probable (2P) reserves associated with University Field have a discounted present value (PV10) of $41,245,950 as of a March 1, 2011 reserve summary prepared by management. Total proven reserves equal $11,776,400 which represents 28.5% of 2P reserves, indicating attractive potential for growth.
Here are some very salient points to ponder. It shows why BCME shares will be worth significantly more.
1-Most PINKS and BB's do these "deals" for STOCK, massive amounts of stock, diluting shareholders
2-Most PINKS and BB's cant raise any money, let alone do deals, real deals
3-That BCME can do deals for debt, shows that Dr B is indeed an invaluable asset to us all, because it is his name that draws in private investors
4-It would be much easier to do deals for shares, that they do it for debt, shows they not only have the cash flow to service the debt, not only others are confident to lend to BCME, but also shows BCME considers its share structure precious and will not dilute
More and more production over same share structure leads to higher and higher stock price.
You know what it is
See the production update of a few weeks ago
NOW its even more, and on the same share structure
I dont know who paid, It says a shareholder third party
I saw no pump, I saw information being passed onto others
What is in the FINE PRINT that is NOT BOILER PLATE in all those disclaimers?
show me the fine print you read that I missed?
Pumper
Im not nearly as smart as you are, obviously, so maybe you can fill me in. If you are right, why would the "insiders" be selling for mere $4,000, when they can pump and run teh stock to many dollars and sell for $40,000?
Or, are they incapable of masterminding said possibilty? If so, then that would be hard to believe, because as you say this is a scam of many years, and since they havent been caiught, they surely can do it.
Please tell me.
TIA!
If I wanted to be a proofreader, I would be!
If I wanna make money, I own BCME and will own more!
The GOOD NEWS
Is that there were 27,000 shares sold short today
Which means, all those will be rushing to BUY when the breakout comes!
well, lets hope not!
would rather see it do it over time, as I personally dislike SPIKES
but
if we get BLOCKBUSTER news, (wink wink), it just may happen!
not only has the fat lady NOT sung, she is still skinny. wait, you will see.
Who cares?
Either we will be right or they will be right.
Time will tell, I am betting we will be right!
A simple answer
The upside is HUGE, if they get oil flowing, though it seems the CEO is incapable of getting that done
The downside is less than a penny
The risk reward is skewed to reward
Good Luck
what expose?
you all cant be serious!
just watch what we have here
and will be seen
SOON!
NEWS
EXCELLENT!
Suspect Detection Systems Announces Sharp Increase First Quarter Revenues
Company has Begun Raising Capital Toward Fulfillment of Full Business Plan
NEW YORK, May 16, 2011 /PRNewswire via COMTEX/ -- Suspect Detection Systems Inc., , a developer of counter terror and crime prevention technology, announced that in the first quarter of 2011, the company broke its existing record for revenues in a period. Revenues, gross profits and net income all grew sharply in the first quarter of 2011 as compared to the same quarter in 2010.
Highlights of the company's most recent financial statements show:
Revenues grew to $1.6M in Q1 2011 vs. $0.6M in Q1 2010
Gross Profits grew to $1.4M in Q1 2011 vs. $0.6M in Q1 2010
Total revenues during the past two years have exceeded $4M During the quarter, the company completed a major sale to a governmental agency, and it is believed that follow-up sales with the customer are likely in the future.
In addition, the company has begun raising capital, which is intended to enable the company to grow significantly as it builds toward the fulfillment of its full business plan. The capital raise is expected to be completed in the coming months.
"The financial statement released clearly demonstrates that Suspect Detection Systems is a company moving in the right direction," said Gil Boosidan, CEO of Suspect Detection Systems Inc. "The company has demonstrated a trend of continued growth from the first day we began selling our Cogito automated interrogation system.
"We are pleased with the results, and we are actively working to take the company to the next level of full commercialization during the remainder of 2011," Boosidan added.
all the way back to 2007!
DR. RAYMOND G. BAILEY
Dr. Bailey has over 40 years experience in chemical and petroleum
engineering and executive management in both Upstream and Downstream operations.
He is a noted Middle East expert and member of the Middle East Policy Council.
Dr. Bailey has served on a number of executive boards and has held various
senior executive positions. Dr. Bailey's experience as President, Exxon-Arabian
Gulf; General Manager of Abu Dhabi Onshore Oil Company; Operations Manager of
Qatar General Petroleum Corp. and; various operations superintendencies in
Aruba, Libya and the U.S. makes Dr. Bailey uniquely qualified to undertake and
lead Powered in its targeted oil and gas ventures. Dr. Bailey received his BS
Chemical Engineering from University of Houston in 1963; MS Chemical Engineering
from the New Jersey Institute of Technology in 1970; Engineering Doctoral
Studies - Lamar University in 1974 and; Ph.D. Colombia Pacific University in
1991.
He is a Registered Professional Engineer in Texas, a Life Member of the
American Institute of Chemical Engineers, a life member of the University of
Houston Alumni Association and; a Member of the Middle East Policy Council in
Washington D.C.
http://www.secinfo.com/d12Pk6.udPm.htm
page 29
filed in 2007
deal with it
Why wait a year and have unsuspected investors fall prey to what you call a scam?
Tell us exactly what YOU have done, will do and what you expect to happen as a result of said actions
You never did answer
When they reported the name change.....IT WAS A LIE? YES or NO?
When they reported the production numbers..........IT WAS A LIE? YES OR NO?
Pretend?
Other than TWO PR's......one which talked about name change and the other about production, they have not said anything. So you are now claiming the NAME change DIDNT HAPPEN and the PRODUCTION isnt happening?
If so, Please do something about it and save those that may want to invest!
I guess
Oh well, those that follow this company will see what seems to be extraordinary numbers!
I dont know, I dont care, it doesnt matter. I never ask, neither do you, why FORTUNE 1000 (and more) companies pay hundreds of thousands, if not millions of dollars for their IR depts!
You have been asked, WHAT IS THE SCAM? your response has been either to scream BCME is, or to say, you dont repeat things, despite you in fact repeating the same thing for weeks on end.
So, I ask, WHAT IS THE SCAM? WHAT WILL YOU DO ABOUT IT AND WHEN?
Wonder if they will have a PR on it or are they still in ablackout period?
BCME has no production or revenue.....So the PR is a total lie? What do you intend to do about it as it is a concern of yours? nor have they ever filed statements declaring production or revenue........Beyond a PR, are they required to? And it is a known fact that BCME has had an ongoing paid promotion on message boards..........So? Many companies do. In fact, all Fortune 500 and even 1000 companies have INVESTOR RELATION staff that they budget MILLIONS for, obviously BCME can afford that. What is the problem? Besides, BCME isnt paying for it, are they?
One of my friends who is invested here sent me the link to the earnings report. What can be said beyond.....
1-How many penny companies can boast of 200% revenue increase?
2-Of earning, real earnings?
3-Of 90% or so profit margins
The numbers trajectory is unbelievable.
What makes you say it didnt work? Are you basing it on one-two weeks worth of effort?
What is the scam? It has, I see been asked often, and no response. WHAT IS THE SCAM?
Who is being bilked? Is anyone being forced or coerced to buy?
Interesting in that the stock has done nothing. I suspect if anyone truly believed the last "pr", there would be better action here.
In another month or three, it will be time again for Innovative to do its annual fund raising to have cash for the winter selling season, as stated before, who will buy the stock from the CEO so he can lend the company money? If the company can raise the cash only via stock sales, how many new shares will hit the market?
I have yet to sell all my stock, I am waiting for some signes of life, and will sell into it.
I have said all I can say, I wish you all great luck.
I can give you an honest answer. At this price the risk is less than a penny, the reward is many pennies. So you are better off in the stock at this point than not being in the stock.
I found the writeup by Whispers to be full of incorrect information, as they state in the disclosure they make no representation to accuracy and lived up to it.
Look thru here, http://investorshub.advfn.com/boards/read_msg.aspx?message_id=55728881
Has any of that worked out? I am not dumping on that poster, I am sure he meant well, all us shareholders believed, but what was true?
Will this deal work out and .06 be given to shareholders? If the past is a guide, the answer is no.
Here is what I wrote in Nov
In light of events, its more salient than ever.
Can someone please tell me the following.
Some say that the tire and waste deals are one and some say its two, if its one, how could they project only $10 million for next year, when they at first said $100 million, and if its two, then the same question stands!
I am hoping someone can actually answer this, seems to me a legit and valid question, the 2 press releases cant be reconciled with each other.
I did not appear out of the blue, as you can see, I have been a shareholder of some length, going back to Nov., I had questions. I emailed the CEO and got what I hoped were answers, seems the answers I got were lies.
Now it also seems someone has information before others have information, not good!