Bemax Inc (BMXC)

[I-Glow]

Damn, this is going to hurt:

"The size of this purchase order clearly reaffirms the quality of our private-labels and eliminate the need for financing."

Well, as we know the CEO wasn't being truthful in that press release because there was more toxic financing:

In January the CEO stated that the $1.1 million contract from Bethel would be sufficient so that the company would no longer o any additional financing. 

In less than 2 months - she obtains $384,000 in more toxic debt which will lead to massive dilution. Then she has obtained another $297,000 in toxic debt. 

I suggest you read the financials and past pumping press releases.

IG