Biloxi Marsh Lands Corporation (OTCMKTS:BLMC) Stock Continues to Trade in a Narrow Range

Shares of Biloxi Marsh Lands Corporation (OTCMKTS:BLMC) have been moving within a narrow range over the past few sessions.

Market Stats

On Tuesday, BLMC stock ended flat at $1.55 with more than 1K shares, compared to its average volume of 391 shares. The stock moved within a range of $1.5500 – 1.5500 after opening trading at $1.55.

Biloxi Marsh Lands Corporation Announces Creation of Electronic Bulletin Board for Trading of its Shares

Biloxi Marsh Lands Corporation (OTCMKTS:BLMC) Bulletin Board is active immediately. A link to the website will ensure that a user lands directly on its home page on BancList. The company had announced creating of a passive electronic stock-trading bulletin board, which is not chargeable to users. The bulletin board will be utilised by investors and shareholders to post notices on intent of buying or selling the firm’s common stock. Furthermore, it can be harnessed for browsing posts for possible purchases or sales.

Investors and shareholders can communicate with each other on arranging purchase or sale of shares. Biloxi Marsh Lands Corporation would not be acting as broker and participants need to arrange delivery of payment and of shares themselves. Biloxi Marsh Lands Corporation is looking to set up 24/7 internet platform providing shareholders a platform to buy and sell its shares of common stock. Earlier, the company had traded on OTC market under “BLMC” and its shares were quoted on the Pink Sheets.

However, post September and implementation of amended Rule 15c2-11, SEC stopped broker-dealers from quoting companies like Biloxi Marsh Lands Corporation, not giving financial statements according to Generally Accepted Accounting Principles. The company is keen on giving electronic bulletin board for existing shareholders as well as the ones interested in buying the company shares.