Replies to post #27708 on Bemax Inc (BMXC)

[DMInvestor]

Gman, even with great financials, which I think we receive here shortly, the lack of PR has hurt us. The volume and new eyes need to come back as well. I wish she would have put out more lead up to their release. This way more investors were ready for this release. Better constant PR and this could have remained in the .03 - .04 range leading up. That could have shot the PPS up to the .10 to .15 range.

The lack of volume shown recently, makes me think this will move in the .07 to .10 range after the financials drop.

Thoughts?

[I-Glow]

You are confused about the financials, "Exactly! And with the deferred revenue of $507k and the new amendments with the diaper stock as assets will make this juicy!!!"

From the 10-Q:

Previously Reported Adjustment Restated
Deferred Revenue - $507,722 - $(507,722) - $0


"On February 27, 2015 an Individual sale of $100,000 was erroneously recorded as part of a sale of $507,722.
In fact, this wasn't correct, but an "Accounts Receivable" was set up for that amount and reduced by the $100,000.

Then on September 18, 2015, again a single sale of $35,100 was then erroneously recorded as part of the original $507,722 sale and the "Accounts Receivable" was reduced by $35,100 leaving a balance of $372,622."

As you can see the Adjustment was -$507,722 not a increase.

IG