Thanks for sharing that…. Even the OTC superstar who is famous for mergers has the exact same issues!! If onlookers are wonder who I’m referring too? Its George Sharp… law suits and such; shaking old management as well as note holders and cleaning up shells with the SEC and state of incorporation paperwork as well!
Often times includes several suites, subpoenas, and breaking countersuits!
We are going through a minor growing pain, once this note holder is gone! We move forward
$BMXI ______________________________________ Thanks, Winnerpicker. Seems reasonable on the face of it. For some, it fleshes out 1 piece of the past. The current situation though seems to have sustained downward momentum, such that it will require more than a conference call to resolve. Most CC's raise expectations in their anticipation of a salve, a panacea that will maybe reassure holders or even reignite the ticker by generating enthusiasm. Generally though, they ultimately disappoint. Personally, I got reamed on this one, leaving 55% profit on the table. Of course I'm steamed. (Guy coulda at lease put the jar of vaseline on the desk first to let me know what was coming). When a stock loses its momentum so dramatically like this, it invariably takes considerably more than a month and some pink sheet titan on a cheap sqwawk box a couple of continents away to stroke up enthusiasm. With so much stock purchased at highter prices, there is an enormous overhang of shares waiting to be sold at the slightest uptick. That's what makes me think this current management's task of pushing this disabled hulk back into the air is practically insurmountable. Sort of like giving a dead guy some Viagra.
One issue that's hard to dislodge from memory: BR*NE>>>WG*EE (Consolidated Gold Hldgs)>>>>BMXI. With Nils as the cement holding them together and the locomotive pulling them along. Once you see it, it becomes hard to unsee. Again, thanks for the post!!! ______________________________________________ BMXI ***** BMXI*****BMXI ***** BMXI
That is another outright lie. According to the SEC filing, NOTE 7 - CONVERTIBLE NOTES PAYABLE Nils took hefty 19 convertible notes. Net total of 1.423million. Every single of them was defaulted. LAMO. Sounds familiar? https://www.otcmarkets.com/filing/html?id=10711119&guid=jJ9-kHwwSFVpVBh
As a result of these defaults, lawsuit was initiated against BRNE & Nils in King County Superior Court, Case Number: 15-2-20783-1. Funny enough they did not bother defending, did not even try. A default judgement was granted and the entire team with the so called "gold mine" simply vanished from BRNE.
It is shocking that Nils calls the lender to his company hijackers. In other words, Leonite might also be called hijackers once he moves on from BMXI. LAMO.
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