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sec.gov
On SEC site
10-K
Filing appeared
The company was not involved in any P&D program. It posted on its website at the time in 2013 that it was not at all involved; it may still be on the website. Besides, BMIX just underwent full review with FINRA as part of the reverse split.
No. I called the company. It is an equity investment in the purchase of shares not debt, notes or "toxic" notes.
These were equity investments, not notes or "toxic" notes.
In fact, I believe that since BMIX is the majority owner of Jupiter, the financials of Jupiter are 100% consolidated into BMIX's. That's under US GAAP accounting rules for BMIX.
It became effective on December 16.
Jupiter Gold's F-1 is in the SEC's site.
Happy Holidays as well!
Thanks for setting up this board, itmd!
This is highly important. Thank you for finding these out. I was not aware of them.
If you read their filings, you get answers! But I guess it is easier to make up allegations.
From the audited 10-K submitted to the SEC --> Furthermore, MDB has submitted its “Plano de Aproveitamento Econômico” (the “Feasibility Study”), a bankable feasibility study, to DNPM in accordance with the mining regulations of Brazil.
Again not true! This property has a provenance traceable to a publicly-traded Canadian company to a local owner to BMIX. It has not been promoted at all. You are again saying things you do not know. Read the company's filings.
You are wrong again. The mining claims in their NI 430-101 produced revenues of over 60 million dollars, and their owner had a market capitalization close to 400 million.
BMIX has publicly said no R/S.
You need to read and get informed before making false claims.
The point is that without reading anything you said they had no feasibility study, when they do. That's the point!
If you search SEDAR, the Canadian securities regulator, you will see all of the reports that they have referred to. Obviously, they apply under Canada's security laws, hence the disclaimer. Since the company is a producer, not a stupid exploration or research story, they probably decided not to waste any money on more studies. LOL.
Actually, they have a bankable feasibility study! BMIX's subsidiary MDB does. Read the company's SEC filings, they are quite informative.
This bankable feasibility study is also alluded to in their press releases. In the industry, "bankable" is term used because it is accepted by banks for financing.
Copied from their disclaimer --> Cautionary note regarding estimates of Mineral Reserves of Diamonds and Gold as found in MDB’s Bankable Feasibility Study. We advise U.S. investors that while these terms and amounts are recognized by Brazilian regulations, the SEC does not recognize them. U.S. investors are cautioned not to assume that any part or all of the mineral deposits in this category will ever be converted into mineral reserves as defined by the U.S.’s Industry Guide 7.
BMIX never hired this guy. The disclaimer has been in BMIX's website since early 2013.
The Securities and Exchange Commission reviewed BMIX thoroughly in 2014 in connection with BMIX becoming an Exchange Act Company, a higher SEC reporting stance, which is the case until now. All of this was published by BMIX.
The disclaimer in BMIX's website since 2013 reads: The Company is aware that an entity called LB Ventures has disseminated certain information about the Company. Neither the Company nor any of the members of its Management Team or Board of Directors is affiliated with LB Ventures; the Company has not authorized, contracted for, or assisted LB Ventures in the preparation of such information, and therefore such information should not be relied upon.
As I said before, BMIX never hired this guy. The disclaimer has been in BMIX's website since early 2013.
The SEC reviewed BMIX thoroughly in 2014 in connection with BMIX becoming an Exchange Act Company, a higher SEC reporting stance, which is the case until now. All of this was published by BMIX. Read, it helps.
BMIX never hired this guy. The disclaimer has been in BMIX's website since early 2013.
BMIX never hired this guy. The disclaimer has been in BMIX's website since early 2013.
Again this continues to be all incorrect. As I said before, the convertible notes from St. George and JSJ have conversion prices that utilize VWAP, NOT lowest price. And GW has $0.0001 as lowest trading price allowed. The majority of the Pref B is tied to a conversion scheduled specified in Exhibits 10.29 and 10.30 of their latest 10-K. It is helpful to look at facts. They cannot be all converted at this point, and as the stock prices changes, the conversion price changes too.
Agreed
Yes, revenues and eventual profitability.
Agreed.
That is all incorrect. The notes from St. George and JSJ have conversion prices that utilize VWAP, NOT lowest price. And GW has $0.0001 as lowest trading price allowed.