Yes, we know Koos like to use the common shares to settle his legal bills and debt (even for small ones such as $10K debt), and he has no issue with diluting 1B shares (at an average PPS of .0045) in 1-2 months to raise $3.5M and use it all for 'administration', just ask DarkKnight.....he has changed.
Thanks for posting this. This is exactly what I got from the document.
There are a bunch of oafs on here. I don't understand why people don't read the document properly. Education system maybe?
Emotions tend to run high after articles like these come out. People with weak knees deny that the article is credible (even though it is on an official government website) and others seem to not see beyond one word or line ($5 billion part in this case) and some claim to be doing social service by warning people.
Anyway, I personally understand that this is not bad news. We may see some upward or downward action depending on how this news is perceived by the market (obvious think to say, i know).
Thanks for taking the time to post your analysis. It is much appreciated but I don't think it is going to penetrate the thick skulls that lurk around here.
Please STICKY this POST ! Nothing wrong with compensating with shares - it is Spread out over time and so is cashing in those shares...If MIN earns those shares then pps will refleck his Good Work and so will OUR Pocket Books...
Additionally, BMSN reported 12Nov12 403,032,165 common stock issued and outstanding at a price of 0.0014. Present 2bil is 3x's then, 5bil is 1.5x's and if we continued to go up then bring it, it is only going to raise the pps. History has proven that. BMSN
To get a more complete picture of what BSMN has been doing to satisfy outstanding debt investors should look at the company’s September 18, 2012 8-K filing. Needless to say the filing presents a number of red flags that investors may want to take into account.
Making these red flags all the more obvious is the stage at which Regen’s currently resides in moving HemaXellerate forward. While Regen’s president, J. Christopher Mizer, seems to believe that their product has a unique advantage because “unlike current approaches of administering pharmaceuticals our strategy is to heal the bone marrow by administering cells that provide the optimum mix of growth factors to stimulate the bone marrow into producing blood cells naturally,” this has yet to proven through clinical trials.
Now to find another article I stumbled on last week or so to show how on the edge delivery is with this feild and sirna's etc.. And I question why a german and Spanish team worked this and is there a relation to them and BMSN on the German market?
Yep,,, you Heard Right!!! --------------------FIRE!!!!!!!!!
Feel the Energy in BMSN!!! CHILLT BOW, CHILLY BOW!!!!! Turn up the Volume & in BMSN, Also!! ;-)
READ Airric POST!!! He is EXACTLY CORRECT!!!! ;-)
...it will take Months from this Point to Increase the A/S,,, so those saying Dilution arRe Totally Incorrect!! The SEC WILL make BMSN get Share-Holders Approval for this anyway!! Koos Can't do it until WE vote for it!! ;-)
FDA IND Approval IS Coming Soon and these Prices arRRrre "Extreme CHEAPIE TREA$URE$!!!" >>>>>>>>>>>Keep your Bids @ .0030 & .0031's!!<<<<<<<<<<<<<
THIS IS da Drop Before da POP!! We $ailNORTH!!!!!!;-)
----------------- Airric
___________ As always,, the above Post is "Just My Opinion!" ;-)
Hmm... In addition; Min himself would not be very happy if the shares KOOS wanted to sell him were to be later diluted... IMHO the 5 billion is more of a contingency... the 2 billion was enough to start it up and get the wheels turning- 3 billion max by the end of it all IMHO.... after trials... then re buys of shares or corporate buyouts by bp after that.