Rivulet Media Inc (fka RIVU)

[Mysterium]

$BMSN Last R/S was 11yrs ago, in 2005, when the shell belonged to Tasco Holdings(or alternatively, the company was still called Tasco). The R/S info can be found under "Security Notes"; name changes found under "Company Notes"; and other changes that pertain to amount of shares under "Corporate Actions". Within the "Corporate Actions" section, there have been three dividends(one of which being the RGBPP shares currently spoken of), vs. only one R/S over a decade ago under the title of Tasco within the "Security Notes" section. A dividend thus seems three times more likely, by the historical data, than does an R/S. In order for an R/S to occur, one of two situations need to occur: 1) The A/S must be at full capacity with the O/S being so far diluted that it is nearly matching the A/S. Should that happen, it would also need to be said that the company saw no other method of funding and was in need of a last resort(which again, hasn't happened in 11yrs). This is even more unlikely, given that BMSN owns a significant portion of RGBP, and therefore stands to profit and thus gain share value based on RGBP, or, if BMSN is in need at that time, an equity stake in the company RGBP can be sold, with proceeds from the sale moved back to BMSN. And for the toxic funding argument, if the O/S is maxed to the point of matching the A/S, it is often(though not always) in violation of the terms which most convertible lenders designate, that being that the A/S must be expanded to a usual ratio of four times the O/S, seeing as the convertible lenders want to make sure there is adequate room to dilute so they can get the agreed upon(or better) return on investment from their loan to the company. 2) The other option category for an R/S would be to uplist or to gain a more respectable share price to command a slightly more risk-averse form of investor, which in this case, would not be the type to opt in to triple-zero plays. Most companies who have not enacted an R/S in over a decade would not R/S from triple-zeroes; usually it is a company that is trying to perform an escape out of the current range, generally only to be brought down again as they were unprepared and rushed, and the higher share price was not warranted(and of course those who dilute, R/S, dilute, repeat ad infinitum would be the type to R/S from triple zeroes; obviously mmuch in contrast from the company's history). Overall, chances of an R/S seem generally unlikely, especially when examined in full and held against historical data, and in stark comparison to the behavior and mechanisms of other tickers with regular or extensive histories of performing unfavorable splits. I would more expect to see either another dividend come out for BMSN once RGBP has their pipeline funded, or alternatively, a share buyback to reign in a previously diluted structure that was needed as a means of operational funding. Anything can happen(including an R/S), but the odds are very much against it, as one can obviously see.

Company Profile Here(with data mentioned from above): http://www.otcmarkets.com/stock/BMSN/profile