Bob's number. 619-488-3744 I called last week and got him on the phone. He answered immediately and his response to whether or not they were going to respond to the SEC and adhere to the rules and regulations set forth by them was, "We are literally working around the clock to file the proper paperwork. We have a lot of stuff going on and in the works, and much of what is going on right now with the SEC is more or less normal business in a sense. We probably should not have waited as long as we did, but this is a temporary suspension."
I honestly cannot speak too much on these suspensions, as this is the first time I have owned shares in a company that has been suspended while I was still invested. I have no idea if what he says is accurate, but it did seem like he was stressed in his voice, and that he was REALLY busy. Now what REALLY busy is for BUGS, I'm sure isn't Really busy to a lot of us given that we have seen zero action or updates from him since the oil spill.
I tried his number today, and the voice mailbox is full, so at least that means that more investors are calling his non-responsive A$$. I truly hope that he was just milking it down to the wire for the financial filings required to keep this baby trading.
Normally I have more insight, but I am not seasoned enough to even comment on these suspensions. At least after this, I can hopefully be more well versed in possible outcomes.
For all of our benefits, I truly hope he files, makes right with the SEC, then us as investors, and gets the ball moving forward each day. Or at least maybe some of us can get out with a little cheddar to keep playing elsewhere! If you have GMND, congrats! Nice little movement the past few months. I'm totally beginning to see what the veterans of this stock have been saying. Typical Bob. Running 2-3 company's and probably bouncing revenue back and forth all of them so as to generate some liquid assets for himself and his projects. Then he over-saturates one of his other company's...lets the whole world think it is dead in the water, and then POOF, it's up to $0.025 in the matter of months.
GMND was a sleeping giant when I first bought into BUGS. It was DEAD. Just like BUGS is now. No updates, no talk, no news, no filings. Then just a few month back it wakes up out of nowhere and rises way above what BUGS did during the oil spill.
Not to say that is good news, but I am saying that a lot of veterans in these company's follow Mr. Brehm and his biz dealings. I'm just saying that he appears to be sneaky, and BUGS will probably pop at some point in the next year, for no reason at all...and magically, GMND will somehow plummet and go into hibernation. Then the whole process starts over. LOL...if anybody knows about how long these suspensions last, please enlighten us! I'm sure it is all dependent on Bob filing the required paperwork though...lol.
