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Re: Kbro13 post# 154158

Friday, 01/08/2016 8:25:55 AM

Friday, January 08, 2016 8:25:55 AM

Post# of 158400
I know that. Intension of my post was to show that your 23.3% ownership could not be compared with the 18.3% ownership mentioned in BMSN's last 10-Q.
Few peeps here believed that the ownership has increased, while in fact it was decreased to 15.6%.

You think BMSN is undervalued? Obviously the company think otherwise.

On October 2, 2015 the Company issued 382,657,778 of its Common Shares in satisfaction of $63,138 of convertible indebtedness.

On December 15,2015 the Company issued 273,476,806 of its Common Shares in satisfaction of $30,082 of convertible indebtedness.
http://www.sec.gov/Archives/edgar/data/1079282/000160706216000580/bmsn010516form10k.htm


That means Mr.Koos (the company) in October valued one share of BMSN = 0,000165 ($63,138/273,476,806)
and in December the valuation was down to 0,00011 ($30,082/273,476,806 shares)
Still believing in double zeros or undervaluation?


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