It's amazing that...
we continue to see postings on BGMO when the SEC has basically said that the "gig is up". With the exception of some small trading to close out positions, the stock is dead in the water.
What we can observe is that contrary to the Company's position that it is updating its financial reporting (from mid-August), nothing has yet been reported to the SEC, OTC markets or to the shareholders. I wonder why? I suspect that HH is having trouble locating a CPA to fully audit the books.
What we can also observe is that despite an open invitation to speculate on the amount of profit made since September 17th (of 2012), year end numbers for 2012 have not been issued. In fact, no interim numbers have been issued for 2013. It has been more than a year since our management has issued any financial statements.
What does this say about the accountability to the shareholders.
I am still waiting for my invitation to the annual shareholders meeting.
From what I have read on this and other blogs (including talking to other BGMO associates), it would appear that the securities and tax authorities in both Canada and the US have received materials from shareholders. Same holds true for the body regulating accountants and corporate governance.
I still cannot fathom our current focus away from the billions of dollars lodged offshore to the potential future through VSTA.
The latter only can work if BGMO can deliver the capital. Since raising funds has been BGMO's goal but never has delivered, how prudent is it to talk about VSTA?
