OTCQX:BGMZF - Post by User
Post by
halcroon Dec 15, 2015 12:16pm
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Post# 24385681
Nice uptick
Nice uptickWhile some disgruntled bagholders may look upon it as a mere 1.5 cents, I'm sure that Instana Investments Ltd (Arthur Troup) will be grinning ear to ear.
Their 800,000 9.4-cent settlement shares, issued to clear $75,000 in cash debt, are now worth $12,000 more today than they were yesterday.
Those 800,000 shares become free trading on December 18, 2015.
A debt of $75,000= 800,000 BGM shares= $184,000 at 23 cents.
Talk about casting your bread upon the waters. Someone was sure a sharp negotiator!!!