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Zardiw

08/07/22 8:55 AM

#7339 RE: The Truth Hurts #7334

Most (if not all) of that 25M has already been sold. And from the trading, we see very minimal selling by $BMXI recently.

The QUALIF (When they started selling these) filing was on 1-7-22 (over 6 months ago) https://www.sec.gov/Archives/edgar/data/1122993/999999999422000011/9999999994-22-000011-index.htm

According to #DDAmanda, here are the statistics since 1-7-22:

Dollars: $1,906,548
Volume: 26,593,399

Also, the best effort price is .12/share.

The most important thing to consider is they are NOT doing convertible debt.

They're doing it the right way with a 1-A.

And remember that the PURPOSE of a public company is to raise capital for their business plan. They have a couple of new projects in Canada and Alaska that will need capital to get going.

Here's some text from the $BMXI 1-A filing:

Shares offered by the Company will be sold through the Company’s executive officers and directors on a “best-efforts” basis. (.12/share) We may also engage sales agents licensed through the Financial Industry Regulatory Authority (“FINRA”) and pay such agents cash and/or stock-based compensation, which will be announced through a supplement to this Offering Circular. The Selling Security Holders' shares will be sold by the Selling Security Holder directly or through its respective broker-dealers. The Company will not pay for any selling expenses of the Selling Security Holder. The sale of Shares will commence once the Offering Statement to which this Offering Circular relates is qualified by the Securities Exchange Commission (“SEC”) and continue for one year thereafter or until all shares have been sold, whichever occurs first. Notwithstanding, the Company may elect to extend this offering for an additional 90 days or cancel or terminate it at any time.

Z
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TradeSmart.ai

08/07/22 3:10 PM

#7363 RE: The Truth Hurts #7334

Thanks for the heads up my friend :-) $BMXI
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naturallyk2

08/07/22 6:38 PM

#7369 RE: The Truth Hurts #7334

Check the iBox... I update the iBox at the end of every trading day to post all dilution and the amount. $BMXI only has 10mil out of the 25mil shares left to burn. Even if they burn all 25 mil shares, their PPS is still 0.34 lol
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naturallyk2

08/07/22 7:20 PM

#7370 RE: The Truth Hurts #7334

I put that in the iBox a while ago. <_<