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.....
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