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Re: lighter than AIR post# 15331

Sunday, 08/20/2023 10:03:42 PM

Sunday, August 20, 2023 10:03:42 PM

Post# of 18783
Why would the BMXI A/S be reduced, when one could have diluted so much more at an A/S of 2,000,000,000 shares instead of an A/S of 200,000,000? That was an opportunity to dilute 10 times more. The number of share in the market place as you call BMXI dilution is minuscule compared to penny stocks with A/S of 2 billion shares and more. This is a gold stock company trying to make money selling gold taken from the ground. It takes money to produce gold. You should know this, unless you have no experience in mining gold. If you do not have money to mine, you have to raise cash by selling stock. Crazy to think a company reduces their A/S to reduce their ability to sell more stock. Again, anyone could be right, but my money is on the Audit. Not much to lose in my pocket book for a higher payoff. So, I wait too!
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