Friday, September 02, 2022 11:01:25 AM
BMXI
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You are well on the mark, Aquahoya. Definitely inclined to agree. Appears that with Reg A @ $ .12, book value $ .60 earnings approximately $2.5 mill, float at 39 MM, share price more attractive and selling pressure dried up, little guys are seeing that the coast is clear; they are gingerly dipping their toe in the water, maybe ponying up some their allowance money or paper route dollars to take a chance on BMXI . Their belief amounts to the shared observation that Nile's malevolent behavior has recently attenuated, he's dropped the open hostility to shareholders, he has abandoned dilution as a weapon against investors and seemingly reformed his ways -- even becoming something of a shareholder advocate.
What they overlook is that Niles can be moody.
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BMXI
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