WSM and all, I need some help on BMXP by someone smarter than I am.
They just posted pictures of impressive faciities coming together.
I have had a good sized investment in this pink sheet company for a while now.
They have recently acquired controlling interest (news bulletin this morning) of a OTC shell company (THII), will distribute all the shares of THII to current BMXP stockholders in a one time dividend, then change the name to of the OTC company.
Both stocks supposedly are to remain active. All this is looking like a move to get off the pinks??
If anyone could kindly take a look at what is happening with these two stocks and give me some kind of educated guess on what should happen to the stock price.
In my limited knowlege of trading, I have never seen this happen before and don't know if I should dump and run now, or hold through the completion of the distribution.
I appreciate any advice. Thanks in advance, KM (from the CHDT board)
It was a looong day....but it went by fast!
