Facts update: Each of us who posts here hopes to forward our best interests. Mine are as a long term investor. I also think more people will invest in this stock when they are comfortable they have as many of the facts as possible to base their decision on. If this posting of facts has helped you make your decision either way, however, then all is good. I will keep posting the facts periodically, both positive and negative, in order to help people be clear on what they own, or to be clear on why they wouldn't want to own BFLX.
Expectations:
• We expect to see news this week regarding a production start date.
• We expect to see news about four signed Global Distribution Agreements in the weeks following the production announcement.
• We expect to see a filing of the S-1 to the SEC. This is the big Kahoona of filings. The SEC requires full disclosure of all elements of the business and financing in this document. They commonly push back for additional details until all the information about risks are flushed out.
Known BFLX trading influences:
Beyond simple buys and sells of interested investors we have an active paid promotion to encourage buyers. We also see a great deal of shorting. So the manipulative forces of short term traders trying to push the Price Per Share in both directions is on going.
Encouraging facts about the business:
1. This is a start up business with products in the production process.
2. We should see news on the production start date next week.
3. The company offers real products which have a genuine appeal to the Global Market Place.
4. The company expects 4 signed Contracts for initial distribution to begin in May.
5. Financing is in place and it’s being done in such a way as to avoid negative debt burdens.
6. There are no negative legal issues.
7. 100m predicted turn around if the business plan plays out as predicted ... which it absolutely has been so far.
Discouraging facts:
1. This is a start up business, the predicted revenue still has to be proven in the market. There are no guarantees.
2. The reputation of the company is damaged due to a fraudulent promotion run by a group of pump and dumpers who were able to successfully raise the price of the stock then cause it to crash. Legal Charges have since been brought against the organizers of this group known as bestdamnpennystocks. The result was a stock price way below what would seem to recognize the value of such a business opportunity. The confidence of investors has been severely shaken by this and by a continual stream of negative thread posts calling investors foolish if they were to take this investment serious. Investor Relations announced that the Bioflamex Company or its managers had no involvement in this scam.
3. The company and its managers were not complicit in this pump and dump scam and were caught off guard by it just like the rest of us. They have denounced it publicly but that hasn’t stopped allegations from anonymous persons. Yet the fall from grace for the BFLX ticker, fair or not, is a reality.
4. The authorized shares were increased from 200m to 400m because the managers believe they will need more shares to be released to the financer in exchange for operating capital going forward (pre-revenue stream from product sales).
