InvestorsHub Logo
Followers 68
Posts 820
Boards Moderated 0
Alias Born 03/19/2009

Re: None

Tuesday, 03/31/2020 11:31:42 PM

Tuesday, March 31, 2020 11:31:42 PM

Post# of 28509
BMSND(.05)...change in control expected......

Picked up some shares of BMSND at .05 today. According to the SC 14F1 filed on March 23, a share purchase agreement was expected to be completed today (March 31) to transfer control of BMSND. The two new officers/directors are expected to be appointed on April 2.

7.8M shares outstanding
4.36M shares controlled by new management
3.45 float
Market cap under $400K

I figure it should have a reasonably good chance at seeing minimum prices in the 10-20 cent area. The post reverse split structure/valuation here looks pretty good. Valuation of the shell's legacy shares would still be under $1.2M at the 15-cent level.

Aaron Klusman (CEO) and Mike Witherill (President) are the two guys on the far left of this picture.....

https://www.gettyimages.com/detail/news-photo/executive-producer-aaron-klusman-producer-mike-witherill-news-photo/1143174021

Klusman's LinkedIn profile.....

https://www.linkedin.com/in/aaron-klusman-a7238019/

This is an interview Klusman did in mid-2018.......



Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.