energy_wave
1月前
If Tony was using digital assets to back up the commodity exchange and he sold those assets, that would explain why it's offline along with the app download. Right at the end of 2025. Like he said in the filing.
Maybe he's converting or has converted proceeds into another form. If he bought XRP, which has dropped quit a bit since it was mentioned last summer, he has to wait until it rebounds to cash in. Once that happens, he hires another accountant. The filings will then be brought up to date and BMCS will be back on the OTCID.
BMCS is clean, debt free, with no debentures and over 4,000 shareholders on record. Tony hasn't diluted the stock like most pinks. It's still just over 200 million shares out with Tony holding 67% of the company.
Either Tony reboots BMCS or it becomes a great candidate for a reverse merger into a low float shell.
energy_wave
1月前
NOTE 4 – STOCKHOLDERS’ EQUITY
The Company has authorized an unlimited number of shares at a $0.001 par value shares of common stock, and 205,356,178 common
shares issued and outstanding as of March 31, 2025. During the period ended March 31, 2025, the Company did not issue Series A
preferred shares to certain shareholders for cash to be used as working capital. Collectively as of March 31, 2025 the Company has
79,775 total digital currencies who’s value at this date was approximately $70 million based upon the Sumcoin closing price on
December 31, 2021 of $979.04 per coin. As of the date of this filing the Sumcoin value has risen to approximately $1,398.36. Note: the
coin’s value changes every 20 minutes. Because of the uncertain value of this currency and lack of liquidity (trading only pier-to-pier)
Management will seek to liquidate this currency in 2024-2025 and procure other commodities like our calcium assets. There are 10
million authorized preferred shares (par value .001) including 5 million Series A, and 5 million Series B shares. Management has the
authority to set the rights powers and privileges to these shares.
https://www.otcmarkets.com/file/company/financial-report/470903/content
energy_wave
2月前
Tony said in last years annual filing, he was selling off all digital assets in 2024 and 2025. End of 2025 the Covo coin used to fund the commodity exchange diapered. So, he must have sold it all, because in January 2026 the exchange went dark. Tony said he was selling off digital assets to buy commodities. So, if he did in fact buy XRP which has since dropped in price, it's just a matter of waiting for XRP to kick into gear and move back up in price so he can sell to fund the company's plans.
The new rules and regulations for digital assets are just now being implemented. Even Schwab is on board and will soon begin allowing trading of crypto.
The game is not over.
It's just beginning.