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Gold/Mining/Energy
Bromley·Marr ECOS ( BME )
An SI Board Since December 1998
Posts SubjectMarks Bans Symbol
36 0 0 BME
Emcee:  David Michaud Type:  Unmoderated
This stock hit $0.05 today. Its CEO has been buying up big (taking advantage of the downturn and year end ?). A downturn that started after a temporary plant shutdown.

Anybody following this ?

bmecos.com

David Bromley, president and CEO, has advised that he has acquired today, 2,400,000 shares through the TSE.
On Nov. 9, 1997, the date of issuance of the receipt for BME's most recent final prospectus, Mr. Bromley held 3,125,000 (9.97 per cent) common shares. Between that date and yesterday, Mr. Bromley acquired a total of 549,000 (1.75 per cent) additional common shares through numerous market purchases. His collective total share holdings, including the purchase today, are 6,074,000 shares, being 19.38 per cent of the issued shares.

Bromley-Marr ECOS has completed a $4-million subordinated debt financing with BCMC Capital Limited Partnership (Mercantile Bancorp). In conjunction with the debt financing, warrants to acquire a total of 1,125,000 shares of Bromley-Marr at any time prior to Oct. 29, 2001 for an exercise price of 20 cents per share were issued to Mercantile Bancorp and The Mutual Life Assurance Company of Canada (an existing lender to Bromley-Marr). Proceeds from the financing will be used to complete the capital requirements of the company's Bonnyville facility in northeastern Alberta and to provide the company with working capital.
The Bonnyville facility services the heavy oil industry in northern Alberta by proving a low cost method to clean sand generated during the production of oil.

Bromley-Marr had record net revenues in 1997, rising to $5.6-million from $1.2-million in 1996. Earnings before interest, taxes, depreciation and amortization (EBITDA) increased to $912,000 from $159,000 in the prior year.
Expenditures on acquisitions and waste management facilities amounted to $18.5-million in 1997 compared to $917,000 in the prior year.
Shareholders' equity rose to $21-million in 1997 from $1.2-million in 1996. Total debt to equity improved to 0.34 to 1.0 in 1997 from 0.86 to 1.0 in 1996.

Bromley·Marr ECOS Inc
Suite 320, 1010-8th Avenue
Calgary, Alberta, Canada T2P 1J2

Toll Free: (800) 286-1357
Telephone: (403) 571-1760
Fax: (403) 571-1769

CleanCare, Apollo Used Oil Recycling,
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ReplyMessage PreviewFromRecsPosted
36 It's not just you .... David Michaud-4/8/1999
35 Is it just me or is this little gem starting to wake up.wild wille-4/7/1999
34 BME is very profitable at $US14-15 / barrel oil. The tide will turn.David Michaud-3/11/1999
33 I don't know, this stock looks pretty hot to me from a market depth and chaWAYNEW-3/10/1999
32 The problem is, once they sell CleanCare, there won't be much left of this Serge Collins-3/9/1999
31 Maybe this will help?? I sure hope. JC J.C.-3/9/1999
30 Bromley-Marr to receive $2.55M Bromley-MarDavid Michaud-3/8/1999
29 From Jan 1st 98 - Dec 2st 98 BME traded 5 Million Shares Dec 3nd 98 - DavDavid Michaud-2/14/1999
28 Well that's just to cheap to big true. Got another 20,000 @ 0.07 today. (bDavid Michaud-2/10/1999
27 Bromley-Marr appoints new CFO BrDavid Raine-1/26/1999
26 I hope oil prices help, and I think they might be coming out with production nuJ.C.-1/8/1999
25 Oil is $13US a barrel now. We're back into BME profit zone. We'll sDavid Michaud-1/7/1999
24 Bid dropping I wonder what is going on? Anyone have new info? JC J.C.-1/4/1999
23 Mr.Raine You are correct, two funds did dump, I'm not sure how much each. J.C.-12/23/1998
22 Hi JC, Nope..., never did hear back from Mr. Murray. Interesting comment abouDavid Raine-12/23/1998
21 Personally, i have been happy with IR, which is handled by Mr Bromley... Mr MarDavid Michaud-12/23/1998
20 I spoke to Mr Bromley and Mr Marr last week, I also got a annual report, quarteJ.C.-12/23/1998
19 David: I don't have a copy of the LOM report, however, there was an excerptSerge Collins-12/22/1998
18 Thanks Dave. Nice to be in the black hey! David Michaud-12/22/1998
17 David, LOM = Loewen, Ondaatje, McCutcheon..., Canadian brokerage house. DavidDavid Raine-12/22/1998
16 Serge, pardon my ignorance... but who is LOM ? I sure like what the stock is dDavid Michaud-12/21/1998
15 Just think, LOM had a buy on Bromley-Marr as recently as last spring when the sSerge Collins-12/21/1998
14 You're right mid 20's would be nice. BME has no plans to consolidate.David Michaud-12/17/1998
13 I agree they may not tell you but they may give you the indication that it'J.C.-12/17/1998
12 JC, I left a message on Mr. Murray's machine this morning. However, I don&David Raine-12/17/1998
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