Bemax Inc (BMXC)

[I-Glow]

Bemax has always been the Nigerian Diaper Scam - it was setup as a share selling scheme from the beginning. It certainly isn't undervalued.

"That said...are they actually undervalued now? If we're to believe (big question) their statements before about 1.5 - 2 million in revenue in 2021 (projected)...at the current share count of 232k * current share price of 1.22 for a valuation of 283k. That seems...very low?

Almost 5x to 10x low? Is this actually a good entry point for bemax?"

In the quarter ending on 02/28/2021 the reported revenue was $44,180 but the COGS was also $44,180. SMH!

Taiwo Aimasiko (who I have proven doesn't exist) and Jonathan is the person in control has issued pumping press releases for years.

From a past press release:

"Bemax Inc. Releases Revenue Projections of $2.2 Million for full year 2018."

Of course that never happened.

If anyone buys at $1.00 deserves to lose their investment.

IG