A-Mart
Good post and nothing wrong but a few typos. You seem to have a relationship that sheds a little extra light on the subject, but I would question if your source is being told the truth by HH about his motivation. I'm not 80, but closer to that number then let's say 50. I cannot imagine at 80 that anyone would be saying there goal is to take this POS to AMEX, especially someone with HH's background. And if he said that to your friend, he (HH) was either lying or completely delusional. However, when he reportedly made the statement the stock was anything but "widely held", so he no doubt controlled a ton.
Now consider this, in the last two years the total shares traded for BGMO has been 117,917,980. Even if you assume that all shares sold were at the LOW price of the day, the amount of dollar volume was $15,006,117. Anybody have an idea what percentage of that went to insider(s). If it wasn't 25 to 35% of the total dollar volume I'll eat this computer. Granted, HH pissed away part the cash chasing rainbows, but certainly zero went to accountants. Pretty good motivation for selling cool aid I'd say. I hope I bump into a few mil when I'm hit the early 80's and I'll die real happy. Let's see all I need is a few 100 cool aid drinkers and I’m there. Anyone have an idea where I might find some....hmmmmm