BNXAMr Carosa continues to post on Twitter with some posts relating to BNXA,this often discusses new linkages that BNXA has undertaken with other Crypto firms .
No news about the audit ,I often see small mining companies releasing unaudited quarterly and annual reports .I dont understand why bnxa can't release unaudited financial reports annotated as such with the caveat that audited results will be forthcoming .This continues the appauling communication between the company and its retail shareholders.This (unaudited financials )seems to satisfy regulatory requirements ,whether it would apply to a company like bnxa I dont know .The longer this audit takes the worse it looks .
Trading on the pink sheets for bnxa is very low again ,30,000 shares today.The bid/ask has significantly deteriorated with a bid of 12 cents Us right now and an ask of 10,000 shares at 20 cents .Clearly the amount of trading is very low ,lower than 10,000$ .This is valuing bnxa at about 4-6million US.Some limited tax loss selling is going on .Whether these shares being sold represent a great bargain is impossible to say ,based on prior trading one would think that it does ,however the other point of view would say that this lack of trading and extremely poor price is an indication of an imminent bankrupcy filing .I dont know what is going to happen ,the other posters who obviously have lines of communication with the company have gone silent .
So we wait and see ,