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Alias Born 07/31/2010

Re: None

Monday, 08/09/2010 11:55:03 PM

Monday, August 09, 2010 11:55:03 PM

Post# of 94917
Heys guys just a quick DD search. It seems that BMGI has a certificate not of good standing with the state of deleware. Does this mean that this stock is in default? Maybe. I believe Delaware is waiting on the new yearly officer report before they renew the certificate.

I do not see any financials since inception last year. Did they gag the T/A?

The chart shows oversold and the RSI dipping low. As of now I would play it as a chart play only until Financials or some solid info is put forward.

I do not believe in my opinion that a R/S is in play. With a float of only 8 million this would be ludicrous at best.

If trades are right, this traded the float ten times over yesterday. I seems that someone is diluting into the market place out of the 500M. This can be good. It will allow for market corrections and a possible bottom play for others to get in on.

I have this on watch and will get a starter position tommorrow.