Hey vball First of all I’m not an expert by any means. I’ve been here since November of 2016. Aside from the bashing and pumping which I have found to be normal in the otc. And because money is involved, everyone has their own opinion about things.
I have found the ceo of Bemax to be true to they’re word in most cases.
As far as the financials... i look at 2 things. Assets and the number of shares. In this case the $900k divided by the number of shares 1.8b puts the stock price right where it is. I know this is very simplistic, but I try to keep things as uncomplicated as possible.
The financials also mention a lawsuit. On 6/14 a petition was filed by JSJ. On 8/16 a countersuit was filed by Bemax.
As we all know the courts are slow so I would expect the suit to take some time. Companies sue each other all the time so this is nothing new.
In the mean time I look forward to seeing new products launch as promised. And hopefully some type of add campaign.