Replies to post #8944 on Value Microcaps Zip Code Changers

[Potse]

BFNH(.055)...shell, new business direction.....

36M shares outstanding
$2M market cap

BFNH(.0255)...established a position.....

Picked up a few shares of BFNH at 3 cents for a speculative position, just in case any OTC or SEC filings appear and trigger some buying interest.

Following the resignation of officers, appointment of a new CEO and reinstatement of the stock in March, I am assuming that BFNH is currently in shell status. But it certainly appears to me that some corporate event/action may be approaching at some point "relatively soon".

It has gone largely unnoticed, but on July 29 BFNH's corporate officer list on Nevada was updated to include Richard Kaiser as Secretary. It would seem highly unusual for a shell to hire/appoint Kaiser (Yes International, investor relations firm) as Secretary unless there are plans to make filings and/or press releases.......

Still holding my position in the BFNH shell, and expecting to see better selling opportunities. BFNH is more of a higher-risk type of shell than I usually invest in (there are much better shells out there from a valuation perspective).

Within the last month or two, BFNH has updated its OTC Market profile. Based on the identity of its lawyer and accountant, and the last name of the CEO, it appears highly likely that BFNH has a family/business connection with GBHD. BFNH's new business direction will probably involve activity in the health/vitamin/diet/etc industry.

There has been an unusually high level of volume around the 5-cent area recently, and I think it is probably just a matter of time now before some additional corporate activity and press releases begin to impact the share price in a positive way. My guess is that BFNH might get pushed somewhere over the 20-cent area at some point.