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You guys are too funny. Q3 report is out next week and will show a improved balance sheet. Toxic debt way down, increased revenue steams. Q4 will show the full results of improving the company's financial position. Increased revenue and decreased costs/debt is the goal of any strong company. The stock price will improve for those that remain patient.
Out of curiosity, has anyone called and asked why there is no response to emails or calls?
I disagree. In Q3, the company has eliminated most of its toxic debt, generated new revenue streams, and the CEO has well over a billion shares in the company. Fundamentals are the same as several weeks ago when numerous people were saying this is going to head up soon.
I work for a major corporation, and all financial results come out in the quarterly reports (ie we'll know in about a week). I get that some type of PR would be beneficial. I have confidence in any company significantly reducing toxic debt, having major shares held by the owners, and taking steps to generate new revenue streams. It's not smoke and mirrors which I like. It's setting itself up for success
For long term followers, what would be a reasonable revenue/financial result that you'd be happy with for Q3 and more importantly Q4?
Q3 report in one week. Same number of shares and I'm holding!
In what regard? Positive or negative?
Rather than speculate on why it's been quiet, wouldn't it make sense to see the Q3 report (couple of weeks) and then the Q4 report? We've all seen how the company is taking the right steps in terms of eliminating most of the toxic debt and improving the revenue stream opportunities. This will result in positive net profits which will help to drive the stock price. I believe the company is taking the proper steps for strong future financial growth which is what I'm interested in.
I've noticed a lot of sells at $.000099 saying that it's an average price. What types of trades are these?
Why not wait until the Q3 report which is a couple of weeks away? We should see the start of positive revenue news combined with the elimination of most toxic debt.
Although it's been discouraging in terms of the recent postings and selling, the fundamentals all seem to be positive in terms of stronger revenue streams and lower debt. I haven't sold one share and remain optimistic that we'll turn the corner starting with the Q3 results.
A lot of impatient sellers today.....
Pumping of the stock along with the dire gloom and doom posts are ridiculous. The fundamental things for any strong company is reducing costs/debt, increasing revenue, and strong strategic leadership. I have only been in the stock for a few months, but have accumulated well over 100 million shares. Unlike other penny stocks that are losers run by corrupt individuals, this one is different. They are heading in the right direction, and each quarter should be an improvement. It won't be overnight, but as long as the goals align, I'm sticking with it for significant long-term results.
That makes sense. What do you think is the quarterly revenue number we need to hit so that this will create some noise and get the PPS out of this .0001-.0002 range? Obviously other factors are involved, but I think everyone agrees this is the next step needed.
It'll obviously be a relatively short period of time in Q3, but what would your estimate be of potential revenue that might be reported?
Unfortunately not that easy. Tens of millions of shares have gone in almost daily at $.0002 over the past couple of weeks. It would be interesting to see how many are actually still available to knock them out.
Are we expecting any further press releases or revenue results before the next quarterly report?
Where can you get an update on how many 2's, etc. are available?
It is pretty amazing that this stock hasn't seen an uptick from the $.0001-$.0002 range in a very long time. I've invested in many other companies that have ticked above this level, despite the fact it has crappy fundamentals (toxic debt, no revenue, etc.) I've got a considerable amount invested in BMIX, and my belief is that it'll get where we want it to go.....patience is a virtue.
Would like to see this get to the $.0003 level and break out of this $.0001-.0002 forever range it's been in.
Agree! I bought almost another 10 million today and know this company is setting itself up for future success. We may need to be patient, continue to increase our holdings as possible, and know that we'll see future short and long term success. I've been involved with a lot of penny stocks that are crapshoots, and I don't look at BMIX in that same realm. A lot of us will be rewarded very well in the not too distant future.
Go BMIX!
I saw that. Just wondering why a day that was overwhelming in terms of buys vs. sells would have been impacted by those two trades at the end.
Why did the price drop a bit at the close with all buys in the final few hours?
I got another 12.5 mill at $.0002
Agree! I know it'll take time to get where we want to go, but I'm surprised we haven't broken past the $.0002 level with this week's news. They are taking solid steps in strengthening the company. Hopefully we will get there shortly and then have a very strong upcoming quarterly report.
Why would anyone sell 52 million shares at $.0001? Doesn't make sense to me.
I've got those two 12 mill buys today! Waiting on 3's, 4's, .01, and then $.25! Great things are going to happen starting with the next quarterly report results!
order placed for an additional 12.5 million shares @2
Hope this isn't massive and enough of us large investors stay in for the long term gains!
LOL. I'd like a day holding at $.0002 or even a sneak hit of $.0003. Onward and upward!
What's your opinion on where the stock goes from here?
Exciting times! All of the fundamentals are there for a breakout from this $.0001-$.0002 level. I'm ready!
Thanks for the feedback and I agree. All good signs when the leaders are focusing on revenue streams, getting rid of the toxic debt, and provide strong communication.
I'm ready as well for the long haul on BMIX!
How do you think it'll turn the corner? A gradual increase (i.e. $.0002-$.0003 range for a time, or do you think we'll see a good uptick when it occurs? Will be sweet when we can break out of this $.0001-0002 range!
Looking forward to this getting to the next level!
In your opinion, what's the timeframe that we'll break above this $.0001-$.0002 cycle? More importantly, will the sellers hold off from making a quick profit so that we can see significant growth?
Let's get huge buys at $.0002 and ride this thing up to $.001 by week's end!
How long until the bid goes above $.0002? I know it takes time to generate revenue after getting rid of a lot of the toxic debt. Will investors be rewarded in the next several weeks?
BMIX is poised for a HUGE RUN. Fundamentals are there including getting rid of toxic debt, strong leadership team, and great strategic plan.