Biorem Inc V.BRM

Anybody think of purchasing more?

[KnowledgeSeekr8]

I was just wondering if anyone else is thinking of purchasing more shares at these prices? I didn't think we would see mid $.40's again but here we are.

I've purchased about 50,000 shares over the past month or so and I'm at the 150,000 I wanted to get to. I would likely buy some more for trading if they hit low $.40's 

I still think if your timeline is 2 or 3 years, this is a steal at a market cap of $17 million with over $10 million in cash!

This is a double from here by 2024

[Ciao]

I had high expectations for the company and understand how COVID has "deferrred" revenues.  Looking back on the past 5 years, the revenues have been lumpy and growth has been disappointing. The backlog remains at $30M, unchanged from the year before. In the Small Caps Discovery interview there was to be a new product launch (what was that?), add the outdated website, the presence

[Possibleidiot01]

There is always a chance i could buy more depending on whether I remember to listen to and participate during the AGM  tomorrow. Right now , i am not going to compete with you and drive up the price ;)

[Possibleidiot01]

Anybody listen to the AGM?

[bassfinder]

Yes I listened in.   Some clarity on the preferred shares was provided by the CFO - they are just opening up the option at this point in time as a means of potential financing.  But there is no immediate plans to issue. They also talked about the cash being held for a potential acquisition, as opposed to dividends, and that this could be the best way to create shareholder value. &

[Possibleidiot01]

The dry scrubber line has been for sale over the last year ; sales totaling $1.4 million?  over the last year . Since they have been selling the product over the last year , limited effect on the cash balance expected ( litlle or no extra needed working capital).