$BNC CEA Industries
Positives:
1) 515,544
$BNB Holdings
2) No material debt.
In a February 2026 letter, CEO
@namdar emphasized a βclean, conservative, debt-free balance sheetβ with βno material debt, no convertible notes, no encumbered assets
Cons:
1) Not sticking to original plan of BNB purchases. Last purchase was in Nov 2025.
2) Board members using poison pill and other sleazy tactics to stop
@yzilabs
3) delaying annual meeting without justification
4) board members have no ties to BNB ecosystem and yet refuse to approve adding
@yzilabs members to help build the company.
The only issue with this company is the leadership! Once they are replaced, this company has the fire power to grow substantially. Having no debt is a great relief and allows
$BNC to grow faster and build more capital to deploy into other projects for expansion. The board will get changed one day, but the sooner the better. This is only a hiccup in the grand scheme of things. We will be back stronger than ever.
@odagius @cz_binance @ellazhang516