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Not likely IMO, shareholders have been thrown under the bus here.
The best one can hope for is to see if the company at some point sells. Which given the share structure, I'm not looking for anything great here.
While we all waited for a restructuring, we found out the company was thrown to the curb. It will be interesting to see if some information comes out of Lou's trail.
BGTK year end Dec 31 2022 anyone expect some kind of news
Yes, with the board members stepping down, said it all.
I really thought SRAX was going to turn this around.
This is what happens when you play in OTC land.
Sad to say looks like this one is a goner
Big token website is down
Swamp Gas
Thanks for posting the link on the case with Lou and Broken Token.
While it doesn't much matter at this point "financially", it will be interesting to confirm why Lou was shown the door.
Given the total collapse of the Bitcoin and FTX, I going to go out on limb and say Lou is likely no longer in a financial position of strength to see this case go the distance. Also, given how any agreements he had were likely directly tied to BGTK, it is also fair to believe that any award on his part would be just as valuable as the stock we are all sitting on.
In other words, both sides are throwing good money after bad. Just saying!
If BGTK is still around a year from now, IF, then we'll see how Lou's case of wrongful termination turns out. I don't think anyone will care unless BigT is looking good which right now it doesn't.
https://www.lacourt.org/casesummary/ui/
Case Number: 22STCV04300
02/14/2023 at 08:30 AM in Department 55 at 111 North Hill Street, Los Angeles, CA 90012
Hearing on Demurrer - without Motion to Strike
11/22/2023 at 08:30 AM in Department 55 at 111 North Hill Street, Los Angeles, CA 90012
Final Status Conference
12/04/2023 at 09:00 AM in Department 55 at 111 North Hill Street, Los Angeles, CA 90012
Jury Trial
Well that excitement was short lived. Back to .0001
What just happened to BGTK? The pps is up to .001 and showing 1600 traded.
Funny
sorry, should have been
Is this a real company?
are they still in business
Paullee, please interpret your post for me Thanks DCDOLLY
I this a real company
Well, here we are nearing the end of October. Where is all the good news expected to be released. I think this piece of S*** is toast even tho SRAX holds those preferred shares. I may be wrong! Trust your own gut.
Back at you!
Here's the good news, the creeks are a rising ;)
Just received an email from Sequire SRAX and it's a bunch of gobblygook. Super unprofessional looking. Almost sabotage style or didn't pay the software bill.
Anyway, I lost on this one.
And yes, I started battening down the hatches long ago.. seeing this coming.
Appreciate you friend.
No worries here my friend.
I hadn't looked at SRAX for some time. $1.50 is not good, considering where they were at $4 back in June.
This entire market is heading to a REALLY bad place IMO.
I misread their stock price. I thought SRAX was .15 not $1.50 so assumed they must be going bankrupt. My fault.
Have you seen something related to this?
Hadnt been watching srax..poop
Keep loading lol.
SRAX going Ch 11?
Yep it’s going so well. Good call
Been 12 weeks. Thought they’d be filed in 4?
what happens to the 150 billion shares that SRAX exchanged for preferred stock? will they be retired and thus reduce the outstanding number of BGTK shares? if so, won't that automatically increase BGTK per share value?
The BigT vs. Lou game is still on, possibly ending by eoy. Hopefully the 2023 dates are just type-o's.
https://www.lacourt.org/casesummary/ui/
case# 22STCV04300
Bingo! Guess that one day run-up to a dime was enuf for the bastards that created this mess and some of us fell for it. Happy my average is well below a penny. My greed is probably warranted. Only the big-shots realize a "moon-shot". That rhymes. Them that's got the gold!
With the board stepping down, it pretty much tells us everything.
We could be waiting a long time to see the company dust this one off.
So glad to see a couple of my other picks lining up nicely.
Just checked in to my Bigtoken account in the app. There are no more surveys. Says I have completed all available actions. Check back later. Stick a fork in that.
Has anyone heard anything? Never seen a company go so quiet before. Unfortunately losing all faith ??
Still quietly waiting in the shadows for now, with more stock than one needs.
Hoping to hear something out of management sooner versus later.
Was really hoping to at very least understand the mind blowing plan here since we paid admission. What a bummer.
1Trillion was for some failed token mission that they couldn't get SEC to play ball..or maybe waiting for regulated crypto market?
Regardless. Poo for now.
Well, if it could jump 100% a week for a while would at least look good in my account. Have a good weekend!
Correct, I don't see them walking away with the clients they have in tow.
I can't see them simply walking away from this project. Then again, they were good at filing until they weren't. Wasn't even worth a RS?
DC, I honestly can't answer your question.
For now, we are screwed. Big Token has no broad and is not current with its filings. To make matters worse we have a HUGE AS hanging over us. What could go wrong?
While I believe they are cleaning up the old records. My gut says the loss of the former CPA with all the knowledge on the company was a really BIG deal. Thus, the broad walking...just a guess on my part.
Until the company cleans up the records, assuming they are. We don't have much to look forward to in my opinion. Let's hope I'm wrong.
What really is the impact on us because of SRAX monitizing BIGToken?
The stock is now trading in the "Greys" where the majority of exchanges will not allow their members access.
I believe we will remain in the Greys until these guys can complete their filings. For now, you can sell your shares, but you just can't add in the US markets. One would need an account in the Canda exchange as I understand it.
Personally, I don't trade in the "Grey" markets, so I'm the wrong guy to ask.
TD shows 803487 volume. Can't see level 2 on TD. Ugly morning but would be a great time to buy. 0.0007 Bid & 0.0009 Ask hasn't changed in days.
Is BIGchokin even trading?
I see no L2 for a few days.
.0001..great.
My gut says the current longs are toast at this point.
Let's hope my gut is wrong.
Doesn't mean that holding your shares at this point don't see a return. However, a large RS would take years on the current shares, if any return at all.
The company has issues on so many levels right now, that only a knowledgeable insider would touch this stock right now. As long as the AS hangs over this stock, no one in their right mind would touch it IMO.
I don't know. Their stock value even at today's close is worth $62M. Is it possible someone is trying to set-up a huge accumulation at a looooow price?
That's being to kind!
I think we are screwed. Sorry to say. Still holding.
Other opportunities abound!
RS - Retire Shares = YES, RS - reverse split = NOOOOO!
So now we wait to get off expert market. George, do consider not letting current shareholders getting screwed on value.
Thanks for the follow-up...no surprise here!
Agree on Lou, always felt George was under the gun on having to make a "quick" call...enough said.
We all knew the RS was in play for some time in order to get the price up. However, they should be considering retiring stock as well in some part with the RS, if as you say "Financials are strong". Which the model would tend to support as well.
A RS that wipes out shareholders will NOT go over big, considering the AS that was set up from day one. Just saying!
Until the RS is known, NO one is going to seriously load this stock, but that's just me, what do I know...LOL
Again, thanks for the in-sight, always appreciated.
The books will be completed in 4 weeks. George hired a consultant to complete so they can file the k’s and q’s. Obviously the merger with Brightpool caused delays. Financials are strong, no need to seek funding or do another reg a.
Lou wasn’t the right guy for this company, end of story. George is back, this is his baby he will make this right.
Now, about the stock, there will be a rs,…no surprise, as you know the stock needs be be trading above $4.
Srax will be marketing BT to obtain institutional investors. This is what we want so keep loading!
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BIGtoken, built by SRAX (Nasdaq: SRAX), is the first consumer-managed data marketplace where people can own and earn from their data. Through a transparent platform and consumer reward system, BIG provides consumers choice, transparency and compensation for their data. The system also provides advertisers and media companies access to transparent, verified consumer data to better reach and serve audiences.
BritePool is an identity verification company for advertisers and publishers. The company provides advertisers with brand safety, privacy, and analytics for data connections when third-party cookies and MAIDs no longer can be used. BritePool’s exact, frequency-controlled identity verification services enable accurate targeting, advertising delivery and attribution. For more information, visit BritePool.com.
September 29, 2021 - BIGtoken and BritePool to Merge: https://www.businesswire.com/news/home/20210929005229/en/Force-Protection-Video-Equipment-Corp.-a.k.a.-BIGtoken-and-BritePool-to-Merge
September 29, 2021 - BIGtoken and BritePool Merge Resulting in Favorable Outcome for SRAX shareholders: https://www.businesswire.com/news/home/20210929005669/en/Bigtoken-and-BritePool-Merge-Resulting-In-Favorable-Outcome-for-SRAX-Shareholders
May 4, 2021 BIGtoken and 20+ Companies Announce the DPPA!: https://www.businesswire.com/news/home/20210504005263/en
Leadership
With this merger, David J. Moore, BritePool’s CEO and co-founder will become CEO of the combined company. Before BritePool’s creation, Moore served as president of WPP Digital, the world’s largest advertising holding company and as chairman of Xaxis, WPP’s digital arm. Earlier, he co-founded 24/7 Real Media which he led, as chairman and CEO, until its sale to WPP, for $649 million.
"BIGtoken and BritePool are joining forces to provide marketers with privacy-focused identity solutions that benefit both consumers and advertisers. We believe the future belongs to companies that recognize that creating value for advertisers also means creating value for consumers," said Moore. "I am excited to build a company that is uniquely oriented towards the evolving marketing environment, and honored that the BIGtoken Board has placed such confidence in me," he added.
George Stella, BIGtoken’s co-founder and president, will continue to lead the company with Moore. "We have created a flywheel for zero-party data, where BIGtoken users connect accounts and regularly engage with brand-related actions and surveys for rewards," said Stella. "This merger will increase our reach for advertisers and accelerate our product roadmap, which includes exploring consumer interest in digital wallets with offers from advertisers and digital asset rewards," he added.
Bob Perkins, BritePool’s chief operating officer, will also serve as COO of the combined company. Perkins is the former senior vice president of marketing at Pizza Hut and president of Chiat/Day New York, widely acclaimed for its award-winning advertising for Apple and Nissan.
George brings more than 20 years of experience driving digital shopper strategies and leveraging real-time consumer intent data. He has been key in crafting BIGtoken’s early commercial product strategy and initial go to market plan. Prior to joining SRAX and BIGtoken, his shopper marketing experience over the previous seven years includes senior sales positions at YieldBot, OwnerIQ, and HookLogic. Stella began his digital media career at 24/7 Real Media, where he spent more than 11 years as a sales director. Stella’s advertising and media career began at Comedy Central.
Vladi follows an intrinsic desire to express himself through the manipulation of forms and thoughts, ideas and emotions. He studied media design and worked at several cool media companies before working at SRAX. Teaching Interactive Design at the Art Center of Pasadena allows him to enter one of the pinnacles of American design.
With over 15 years of experience in software development and creating digital products, Moe has built a state of the art operation and production team. His ability to adapt to trends, anticipating operational opportunities and challenges, and effective leadership keeps this machine going.
With over a decade of experience leading technology and product groups, Ivan is guiding our 40+ person tech and product team on the quest to create the best data platform for consumers. Ivan has previously worked in gaming, ecommerce, fintech, and big data, giving him a keen eye for detail and a bias for action.
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