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Thursday, August 01, 2013 4:41:22 PM
To be an insider, you need to be a major shareholder in BGMO or a director or officer in the Company. In only own 30000 shares which is nothing given the current share count but when I bought in it was a respectable number. When I bought in at 30 cents, there were about 60 million shares out. Now, with over 220 million shares out, we are at 2 cents.
The investment platform, you need to listen to our President more often. It has always been margined liquid investments. The only place where you can get that kind of movement is in things like bonds and currencies. I heard that future and indexes work too. That was the story he gave to the media in 2010 and again this year.
As for where they are going to spend the money, again, our boss says that it will include hedge funds and things like alternative energy and biotech. Hillard has a soft spot for helping the disadvantaged.
Look at the track record of clean coal for Pakistan. Solar powered pumps in Africa and Asia. BGMO even had signed agreements to buy into two companies in this area alone. I understand that Herzog thought GreenSafe was in the green space both conserving power and saving the ground.
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