Tuesday, December 28, 2021 10:34:38 AM
BMCS Continues to Add Digital Assets to its Balance Sheet
Press Release | 12/28/2021
WOODLAND HILLS, CA / ACCESSWIRE / December 28, 2021 / BMCS SUMCOIN INDEX FUND, INC doing business as BioTech Medics, Inc. (OTC PINK:BMCS) continues to execute its business plan by increasing its balance sheet with digital assets. To date the Company's balance includes over $75 million in assets.
According to Anthony K. Miller, CEO, "BMCS Sumcoin Index Fund Inc., formerly BioTech Medics, Inc., has a Delaware Statutory Trust that holds Sumcoin (SUM) on behalf of its shareholders. The investment objective of the Trust company is for the shares to reflect the value of the Sumcoins held by the Trust, determined by the Sumcoin Index value, less the Trust's expenses and other liabilities, divided by the I/O stock (the NAV total, as of today, is $.38 and our balance sheet now totals $75.9 million dollars of Sumcoin). Our current share value does not reflect this capital structure (the predicted P/E ratio)… and it is our hope that in the coming weeks our true value is realized.
https://www.otcmarkets.com/stock/BMCS/news/BMCS-Continues-to-Add-Digital-Assets-to-its-Balance-Sheet?id=337113
You can lead a horse to water. But you can't make him get down on one knee and do an Al Jolson impression!
Recent BMCS News
- Firm Shifts into Calcium Business Model With Acquisition • AllPennyStocks.com • 10/02/2023 03:20:00 PM
VAYK Discloses Strategic Conversation on Potential Acquisition of $4 Million Home Service Business • VAYK • May 9, 2024 9:00 AM
Bantec's Howco Awarded $4.19 Million Dollar U.S. Department of Defense Contract • BANT • May 8, 2024 10:00 AM
Element79 Gold Corp Successfully Closes Maverick Springs Option Agreement • ELEM • May 8, 2024 9:05 AM
Kona Gold Beverages, Inc. Achieves April Revenues Exceeding $586,000 • KGKG • May 8, 2024 8:30 AM
Epazz plans to spin off Galaxy Batteries Inc. • EPAZ • May 8, 2024 7:05 AM
Moon Equity Holdings, Corp. Announces Acquisition of Wikolo, Inc. • MONI • May 7, 2024 9:48 AM