Brookmount Exploration Inc (BMXI)

[IVRT]

Haven't you heard of wash, rinse and repeat? They did a r/s a couple of years ago and set the current a/s to 2 billions shares. They need money to operate. Many of these shares will be sold. The company is cash poor in my opinion. Dilution is the name of the game. Now, when you are cash rich, you just buy your shares back and your dividend goes up. Later on you can sell more shares.
I doubt this company can operate, without selling shares. $35,000 in the bank ain't gonna cut it in my opinion. imho