Don't have to pay any mind to me, but doubtful anyone will ignore 8K when it comes out and proves what I am saying.
Look at every deal Crestview and BIL have done. Always massive dilution. Do you really think they are giving them any money without be issued massive amounts of stock?
Most of the deals get stock at least 50% discount to bid, Crestview did its deal with SQUM at around $.19 and got the stock for a penny. Even at 50% discount the amount of stock issued will be greater than 40,000,000 which is double the entire 0/S.
Anyone with any math skills know that this size of dilution will make BMRX tank just like SQUM. Basile does not even own 10% of his own company and look at the chart since first week of January when it was $.87, now half the price.
This dilution know different than what BMRX did with Linden Asset Managment stock dropped like a rock since that financing. People can post big !!!! marks on a $.03 move to the upside but the chart on this stock does not lie. Anyone who bought in January has now lost half their money in 5 months.
