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Re: qualityincolor post# 16748

Tuesday, 03/19/2024 2:30:21 PM

Tuesday, March 19, 2024 2:30:21 PM

Post# of 18663
No disrespect QC, but Nils has been talking about the audit since 2018 and still nothing. I've grown to be untrusting of Nils because all he does is talk without results. Between him and the clown analyst who twice rated the company to be valued at $6, I don't know who is shadier. And even though Nils finally reduced the A/S to 200 million due to constant pressure from shareholders, I believe he will still do a R/S to get the share price up for any uplisting to happen. Even the recent run to $.1289 was met with a fast and persistent drop back down to $.04. Oh, and if I recall correctly, the O/S was around 40 mil at the time the A/S reduction happened. Now it's diluted to 91 mil. With (supposed) assets of $42 million and revenue exceeding $17 million, why have they diluted over 100% during this past year? If the $.03865 area is breached, odds increase that it goes down to $.03 and possibly $.02. We're a far cry from $6! Sorry for my rant, but my experience with OTC pennies have shown me only one thing... the honest ceo who really cares about shareholders is almost non-existent. While I'm not a fan of big government, I believe that all publicly traded companies should be required to submit audited financials. If BMXI's financials are true, this company has to be one of the most undervalued companies in the entire market! Just makes me wonder. p.s.- I'm not selling my shares, but I'm not buying anymore either. It's time for the company to prove it's value.
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