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Tuesday, August 20, 2013 8:43:13 AM
OTC Markets is a non-issue now.
It begs the question on how can BGMO and its directors satisfy the SEC. I would suggest the following:
- having the financial statements for 2012 be completed for the full year to an audit standard
- having part year financial statements for 2013 be completed to an audit standard
- call an annual meeting of shareholders with the full disclosure of all material events, contracts and share issuances
- electing qualified outsiders to the board thus forcing HH and SP to use good corporate governance
- instill a pattern of issuing truthful press releases.
Just proving the cash will not solve BGMO's credibility problem.
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