AI
Monday, April 15, 2019 4:56:35 PM
The CEO owns over a QUARTER BILLION of BMIX common shares. Talking about vested interest in the company's success...
Not only that, but it appears from the latest 10-K filing that he had recently converted the salary the company owed him into common shares. See page 31 of the 10-K filing. To me, this is a strong signal that this is the bottom. It appears that he had waited for YEARS to convert, and now before the major productions starts, he loaded up on common shares - the same kind you or I can buy in the open market today.
Includes 224,711,111 shares of our common stock which are obtainable through exercise of options received on extinguishment of notes issued by the Company to Marc Fogassa for various unpaid obligations.
https://ih.advfn.com/stock-market/USOTC/brazil-minerals-inc-BMIX/stock-news/79701359/annual-report-10-k
$BMIX
Not only that, but it appears from the latest 10-K filing that he had recently converted the salary the company owed him into common shares. See page 31 of the 10-K filing. To me, this is a strong signal that this is the bottom. It appears that he had waited for YEARS to convert, and now before the major productions starts, he loaded up on common shares - the same kind you or I can buy in the open market today.
Includes 224,711,111 shares of our common stock which are obtainable through exercise of options received on extinguishment of notes issued by the Company to Marc Fogassa for various unpaid obligations.
https://ih.advfn.com/stock-market/USOTC/brazil-minerals-inc-BMIX/stock-news/79701359/annual-report-10-k
$BMIX
This post is my personal opinion. I do not provide investment advice.
ImOnABoat
