Bemax Inc (BMXC)

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The most significant thing about BMXC is not that a note finished converting. That happens all the time... just before a company sells another note. LOL What's different here is that the CEO has stated there will be no more toxic financing which means that non dilution won't be a temporary situation. It means you can hold your shares and let them ride just like on the big boards. The only other OTC company I can think of that announced it would not resort to toxic notes is OWCP, and we all know how that turned out. That's why everyone is making the comparison. People who held there are banking because there was no dilution. Each time there's news, the stock moves higher. We can expect the same thing here because the company won't be negating all good news with dilution like all the other companies in pinky land. As I said, BMXC, like OWCP, will behave more like a big board stock for that reason. Companies on the main exchanges don't put out news so they can sell more shares. LOL Neither will BMXC.