Replies to post #27106 on Shell Stocks; Reverse Mergers; Acquisitions; Zombi

[Potse]

BMSND(.03)...finished accumulating position....

Picked up some shares of BMSND at .05 today. According to the SC 14F1 filed on March 23, a share purchase agreement was expected to be completed today (March 31) to transfer control of BMSND. The two new officers/directors are expected to be appointed on April 2.

Finished accumulating a position in the BMSND shell this week. Still waiting for confirmation on whether the share purchase was completed and officer changes occurred. Risk/reward around this 5-cent area continues to look pretty interesting/attractive to me from an overall structural/valuation perspective.

This should be a relatively clean shell, has already went through its reverse split, and it looks like the SC 14F1 filing went largely unnoticed. So any subsequent filings and/or changes on the OTC Markets profile page might catch some investors a little by surprise.

Although there is a possibility that CEO Aaron Klusman could move some of his real estate or private equity investments/holdings into this shell, I think it is more likely that BSMND will be moving into the media/music sector, since there has been a noticeable increase in the number of business registrations (presumably media-related) that President Mike Witherill has been making in the state of Arizona.

Witherill registered two companies in September 2019.....

Borderline Productions
TKF Productions

.....and another three companies in calendar 2020.....

Maughan Music Group
RC Productions
Rivulet Films

https://www.bizapedia.com/people/michael-witherill.html

Website registrations for the Maughan and Rivulet companies were made in February 2020.