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I'm with you Sam!
the Company issue 5,076,260 common shares at a deemed price of $0.05 per share
$BCCEF
This should be great sign for buyers & also investors
Let's bring Monday vibes in here... More volume get accumulated today
$BCCEF
Hoping today more volume get picked up today by investors here, DD..
$BCCEF
When I I found out about this ...I bought in and Im holding for .05 min
NEWS
BacTech Takes Steps to Improve Balance Sheet Reduces Debt by $1.65M
(via TheNewswire)
Toronto, Canada -TheNewswire - August 20, 2020 -BacTech Environmental Corporation("BacTech" or the "Company"), (CSE:BAC) (CNSX:BAC.CN) (OTC:BCCEF) today announced significant balance sheet improvements with respect to outstanding debt obligations.
"Management of the Company, who have been accruing salaries for over 3 years, have agreed to a voluntary forgive the indebtedness from accruing compensation owing to them as of June 30th, 2020 ($1.244M). In its place BacTech will issue 2.5M stock options exercisable at $0.05 for 10 years to certain employees and consultants who forfeited their compensation." stated Ross Orr, President and CEO.
In addition, an arm's length holder of $200,000 face value of debentures that mature in August ($100,000) and September ($100,000) requested that the Company issue 5,076,260 common shares at a deemed price of $0.05 per share to eliminate their $253,813 debenture and the accrued interest as of August 15, 2020. A second arm's length debenture holder has agreed to convert 50% of their $175,000 debenture holdings into common shares and 100% of the accrued interest at $0.05 per share. These transactions will result in the issuance of 3,083,340 common shares and reduces $154,167 in debenture and interest owing. All common shares issued through these transactions will be subject to a 4 month hold period effective August 17th, 2020. Both of these conversions were at the request of the holders.
The above agreements are subject to regulatory or CSE approval, if applicable, andcompleting the required filings with the security exchange
Great close today especially for a Friday. Next week should get very interesting here..
Next week .05 -.10 very possible imho. $BCCEF
i'll be watching like a hawk next monday opening $BCCEF
.019, 22K shares vol, up 11% green. Not a bad close at all. $BCCEF
Up almost 12% green. Great close for $BCCEF
I’ll take a green finish to the week here! Volume wasn’t as substantial as I had hoped for, but plenty of eyes on this one - and I’m expecting big things to arise over the coming weeks. BCCEF $$$$
nice green close this last Friday. Next monday should be good here. $BCCEF
Solid green close. Upside here is almost a given. $BCCEF
Thing of beauty here. Strong green close today sets us for nice run next week in my opinion. $BCCEF
$BCCEF Recent PR https://www.otcmarkets.com/stock/BCCEF/news/story?e&id=1697172
Folks selling here be kicking themselves when we hit DIMES! $BCCEF
This is going to go BALLISTIC next week with all that's coming. $BCCEF
I'm holding tight for the big money
I really love the potential here..and with such a small float..has plenty of to move higher and grow! $BCCEF
zip code changer here in the makings! $BCCEF
Folks without shares be kicking themselves. This CEO is going to take this company and stock up BIG TIME no doubt imho. $BCCEF
Setting up here for a green close here folks. $BCCEF
Most still don't understand how big this will be. Lots coming here for many weeks not a 1 day wonder! $BCCEF
Friday cheapies folks load em and hold tight
$BCCEF
$BCCEF surge up green closing today, imho
Selling is totally not the option for this ticker
$BCCEF
Smart folks quietly loading off the weak hands $BCCEF
guys know what you own. this is the motherlode! $BCCEF
I hope people understand this will be the biggest year ever for $BCCEF
shorties and flippers are getting run over.
$BCCEF
This is only the beginning. This stock is undervalued
$BCCEF
Looking for a nice push into closing today. Would make a nice start next week.
attack the living hell out of these dips.
$BCCEF
Better put this one either in your portfolio or just on watch and in three months I think you’ll be surprised. $BCCEF
$BCCEF has the makings of a huge sleeper for the OTC!
real wealth is being created here.
$BCCEF
there is no shortage of catalysts at $BCCEF
Load and hold folks. Better slap that ask $BCCEF
news any day now! better get in soon folks. $BCCEF
real deal company here folks. load all you can. $BCCEF
Lets take down the wall and get this going. Next week we should see his move much higher.
$BCCEF
Power hour approaching!
$BCCEF
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