Sunday, March 19, 2006 2:11:55 AM
Not the "magic" BIGN wells. They have not decreased at all, so far. . . right . . .
It seesm to me that BIGN is the funding arm of Bohnomme, Skip and Rowe. BIGN raises the money at a cost to its shareholders as the dilution goes on and on. Skip and friends then collect a large portion of all earnings after the well is paid for by its own production.
So, if a well is bad, BIGN shareholers pay for it and Skip and friends don't pay for it. But if it is good, Skip and friends take a large portion of the money for 2 days work (or alleged to be only 2 days).
Now, BIGN has authorized shares of 400 mil and somewhere over 300 mil already authorized. But who is the transfer agent? Can you call them like with most stocks?
I will BOLDLY predict we will be over 400 mil shares within six months. Let's save this post to see how I do.
All the JV and purchases of stock in other companies is an elaborate rouge, IMO. It makes no sense to me. A company that is a start-up is spending the few pennies it has to invest in companies that the "management" owns. Odd don't you think?
Is everyone willing to put ethics aside so that they can see BIGN pop?
I have no short interest in this stock. I will be better off financially if it rises, but I don't care. Why? Because it is not right to PUMP a stock that has nothing inside the tank.
I documented various associations with fraud. Have you confirmed what I've found?
BIGN: $0.025
Ajor1
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