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Microcap & Penny Stocks : Brisio Innovations Inc.

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To: 31Floors who wrote (1623)4/11/2015 10:35:08 AM
From: 31FloorsRead Replies (3) of 1952
 
I agree with WDL that you can get better leverage by owning the individual investment. (Leverage can work against you sometimes). BZI seems to provide a diversified way to play the Paul's best new opportunities at the earliest entry points. For those that don't know, this is Paul"s largest position and it has fam and friends money in it. He's the CEO. So there are many reasons for him wanting to see BZI do really well.

I had been adding at .14 and .145 thinking 2 weeks ago and I thought I had done quite well! Never say never I suppose but a dime equates to a MC of $2.4m today.

I have no idea about what is going to happen to the apps business, what is the plan. But I think it's a safe bet, all personal speculation, that the apps asset won't stay in BZI in its current form. As long as it doesn't require funding,it represents a neat little opportunity to do something with it. Some kind of combination with a more established business and spin it out? Even a sale of it's investment at a loss to close the book on it would probably be looked on as a positive by the market.

31
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