Monday, April 15, 2019 4:56:35 PM
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
Recent ATLX News
FEATURED Cannabix Technologies Launches New Compact Breath Logix Workplace Series and Prepares for Delivery to South Africa • May 7, 2024 8:51 AM
Moon Equity Holdings, Corp. Announces Acquisition of Wikolo, Inc. • MONI • May 7, 2024 9:48 AM
NanoViricides Reports that the Phase I NV-387 Clinical Trial is Completed Successfully and Data Lock is Expected Soon • NNVC • May 2, 2024 10:07 AM
ILUS Files Form 10-K and Provides Shareholder Update • ILUS • May 2, 2024 8:52 AM
Avant Technologies Names New CEO Following Acquisition of Healthcare Technology and Data Integration Firm • AVAI • May 2, 2024 8:00 AM
Bantec Engaged in a Letter of Intent to Acquire a Small New Jersey Based Manufacturing Company • BANT • May 1, 2024 10:00 AM
