Big Token Inc (fka BGTK)

[rumark27]

From S1

We plan to increasingly embrace crypto-currencies, including, but limited to, offering to reward our users with Bitcoin and other cryptocurrency, offering to pay our employees and vendors with such currency. offering our users digital wallets to store their crypto, enabling our users to store rewards in interest bearing stablecoins, holding cryptocurrency in our Treasury, developing our own Layer One Protocol optimized for users to own and monetize data, developing our own cryptocurrency to be used as rewards.

[ChadClemson1]

I think Im right per S1.

Fixed price for all the added shares that arent in the market at .015

They are selling the huge amount of shares they added to the OS at .015 per share/BigToken. BigToken is the one buying them imo via payment for using app. 1000 BigTokens equal $15 or weekly payout.

[ChadClemson1]

Thought about it....

Guessing/Hoping 168B of the current 168.84B (My numbers are estimates) are converted to crypto. The owners of these BigTokens are Red Diamond, SRAX, CFO and Feldman.

These BigTokens are listed for sale on exchanges.

When users of app cash out. BigToken buys bigtokens via cash off exchange to compensate users for their data. Doing so supplies a steady influx of “buyers” of BigTokens

Individual investors can also buy BigTokens as investment.

SRAX shareholders are also awarded BigTokens as dividends.

The OS had to be artificially raised to create crypto coins. Apple for example couldn’t create an Apple Coin to generate capital without authorizing an equal amount of shares.

As BigToken grows the “BigTokens”become more valuable as a steady amount of people are getting paid on the app each week that ideally is greater than the amount of individual investors are selling.

If I am correct this would take the pps to .05-.15 per share and via 100/1 reverse split would be $5 to $15 per share

No matter what the OS and AS are getting a greater than 90% reduction bc a reverse split alone doesn’t change the market cap

Its called BigToken for a reason......

[ChadClemson1]

same. I cashed out $15 a week for 10 or so weeks in a row. Use to answer 6-8 questions a day on avg

My buddies and I went from making $60 a month due to each of us having 10 person streams to being lucky to cash out $15 in a 4-5 week period.

I have no idea why they ran promotions to generate app users and then don’t provide those app users the opportunity to be paid for our data.

My hope from a stock perspective is they are converting all that dilution they did to crypto to be used as rewards as well as sold on exchanges.

It is indisputable that they are intentionally limiting the frequency app users can be paid $15 in cash over the last two months.

I have a large stream, do every survey, check in 4x a day and do all my daily bonuses and I can’t get to $15 a month.

I view it one of two ways....

1- They budgeted a certain amount of cash to get them until they release their “bigtoken crypto” and due to increase in users and ability to cash out they’ve gone through those funds quickly

or

2- Miglino is even more clueless than I thought and clearly thinks people are going to be active on the app to collect $50-$75 a year. If 2 is correct the app is dead and users will totally delete it and opt out. You can’t give people $15 a week for 10-15 mins a day of work then adjust it to $2.50 per week

$15 a week was already pointless for some people

$2-$3 a week has definitely reduced referrals/downloads/dynamic actions or log ins.

Im giving them until the end of Sept. Been a year since I bought this around .0015 initially.....

[Northwoods2]

Big Token app is a joke. No survey questions for a week now. What happened to this?

[I ll be back]

Red, you are correct.

They are not toxic lending.

In the land of OTC, it is normal for a company to set a large AS in order to fund the business, while the company grows it.

However, in the case of BigT, they have already demonstrated that they have a paying product. Anyone can look at the latest 10K to confirm this fact.

I believe we are getting close too with the ticker change.

[AlwaysRed]

Does this behave or trade like it has that many shares floating around?

They have something up their sleeve. They are going to be monetizing the Bigtoken coins.

My guess is they are going to link the shares of stock to the token. There is a reason there are that many shares. And I think when we all find out why it will be a good thing.

There is a reason the share count is similar to a crypto currency.

They are not toxic lending. LOL.

If there were that many shares trading freely this stock would be trip 1.

[VST7]

Good this's current..BUT Dam; Outstanding Shares==226,828,797,262 = 06/30/2021 Authorized Shares = 1,000,000,000,000 = 04/21/2021

[DCDOLLY]

OK, sorry I embarrassed you. Pleased to see you used correct syntax.

[rumark27]

Lol. Stop. You’re embarrassing yourself.

[DCDOLLY]

Words have meaning. Your credibility is at stake.
"your still" vs "you're still" Really?

[Jim Beem]

Share structure looks bloated

[rumark27]

Good to see you back arondon. Agree with all you said. One thing to point out though, even if shares are used to acquire another company, doesn’t necessarily mean dilution will occur. This could play out a number of ways

[I ll be back]

Correct.

In this context, it feels like BigT is currently(or already) identifying relevant acquisition targets.

This is the beauty of SRAX being in the game here.

Given the skill set of the team, it will only be a matter of time.

Nice too see your still here.

[arondon]

A few positive signs:

*Full-time headcount seems to be growing (from 59 to 86)

*Revenue growth and better gross margins and net income margins (although still nothing to really change the valuation at this point)

*DPPA continuing to grow given the ecosystem value of its members to BigT

*Hopefully, the lack of announcements is intentional to coincide with S-1 approval/no action and ticker change.

A few head-scratchers and questions:

*Was hoping to see the crypto or data value link in the S-1 directly similar to their special "tracking share" in the prior SRAX S-1 re BigT. Although this doesn't mean there is not a crypto element, what structural and legal steps would we need to see that direct tie-in?

*Whatever happened to those BigT tokens appearing on those crypto exchanges?

*Again, I wouldn't overly infer from risk factors, but they are now writing direct risk factors about the inconsistency of the market cap being larger than SRAX, itself (see section title: "We may have difficulty in retaining employees given our current stock price, market capitalization, and the terms of our equity compensation plans.")

*At some point soon, they do need to communicate to shareholders what is going on -- especially with the firing of Lou and future trajectory of the company.

[arondon]

Hi all, it's been a bit since last posting and nice to see the action resuming.

While it's still hard to read the situation, I completely agree with IBB that M&A is part of this plan. Consider the following:

*Although I don't usually infer too much from risk factors, note the very first -- and brand new -- risk factor in the S-1 is about M&A:

"Our business plan currently contemplates (emphasis added) the acquisition of assets in the ad-tech industry to complement our BIGtoken platform....Additionally, due to our cash position, we may be required to issue a large amount of our securities for such acquisitions which may result in substantial dilution to our existing shareholders..."

*The DPPA alliance formed by BigT has been steadily growing and had a recent meeting at the end of June. Interestingly, the survey result about a projected top member benefit was to have a "shared technical platform" (https://medium.com/@Join_DPPA/highlights-from-the-data-privacy-protocol-alliance-community-meeting-on-june-28th-95257748a1c8)

*M&A was alluded to before many times by Lou and theorized here earlier

In this context, it feels like BigT is currently(or already) identifying relevant acquisition targets.

A few additional thoughts on the latest status in the next post...

[ChadClemson1]

Zuti can we get clarification on the RS

[ChadClemson1]

Agree

[rumark27]

Didn’t see anything in it

[BACH2000]

8-K is just released.

https://ih.advfn.com/stock-market/USOTC/force-protection-video-e-pk-FPVD/stock-news/85681764/current-report-filing-8-k

[I ll be back]

Agreed!

I'm leaning that way myself. The trillion has never made sense to me, given they have revenues out of the gate. The only other possible clue, would be to use stock to acquire other companies, as Lou stated earlier.

[ChadClemson1]

Who is the extra digit selling usually just under the ask? Its either the company, Red Diamond or Feldman imo.

last purchase .00427 for 200k shares

[ChadClemson1]

Yep. Gotta be converting to Crypto imo

[I ll be back]

Jury still out over here...LOL

I'll let you know when and if we see the RS.

If the company doesn't retire a portion of the AS prior to a RS, or if the company doesn't increase the value of holding (assuming the AS isn't tied to the collateral of Bitcoin), prior to a RS, than I'm likely going to fall into your camp.

[ChadClemson1]

Chris sucks imo

[I ll be back]

As I understand your comment:

Chris has been working extremely hard for us shareholders. News on company direction will be announced once S1 gets approved. You will be pleased.

I am glad to see guy’s like Chad continues to load up at this level, the rs will be ugly!

We will like the news coming out on the direction of the company, but hate the RS spilt.

Good to know.

[ChadClemson1]

Yep. Need clarification.

[ChadClemson1]

HMBL and FPVD are my only two OTCs

What do you mean the RS will be ugly?

[rumark27]

Sent you a private message. Thanks!

[dog786]

“Chris has been working extremely hard for us shareholders.”

“You will be pleased.”

“the rs will be ugly!”

Seems like an oxymoron

[Zuti]

Hey rumark, and yes i am male, lol, ….YES this is the S1 i was referring to. Now we sit and wait for sec to respond. We will know within 30 business days if we are a go no go, be patient gents.

Chris has been working extremely hard for us shareholders. News on company direction will be announced once S1 gets approved. You will be pleased.

I am glad to see guy’s like Chad continues to load up at this level, the rs will be ugly!

Yes, we will continue to see extremely low volume, as it should. Srax has not kicked off marketing campaigns until name/ticker change.
Come late Q4 you will see adds for Big Token on Facebook, Google, Linkedin etc….

I also have been buying HMBL, under $1…long term hold. Also hoping Worksport takes off this week, they are moving off the OTC going to NASDAQ tomorrow after their 20-1 rs.

Chad, whats the other 2 stocks you mentioned that you like?

[I ll be back]

Out of HMBL for now. Been watching the chart on it and waiting for support.

I like FPVD, on the risk reward here. Given we are back down at 4 with what we know, in my opinion is a greater, short term mover.

Personally, I'm playing two other stocks that I believe will have a much better ROI in the VERY short-term.

I'm watching FPVD lack of volume and support. Given its summer (vacation) time, it doesn't surprise me we are trading at these levels. Seen this movie to many times.

I'm seeing the same lack of movement on two other great stocks right now.

[ChadClemson1]

Still in or no? Feel better about HMBL or FPVD? Shorts have been relentless on HMBL which is a good sign longterm imo

[I ll be back]

Been there, done that my friend.

You should really look at HMBL.

I have been in and out of that stock a number of times, prior to their run up. It was a very profitable play.

I agree with you, it has a great potential.

While I don't post on that site, it is a stock that I follow. Some real money was made out of the trips on that one. I also like how the company retired stock on its climb North ahead of its RS.

[ChadClemson1]

IBB....I still have 22M here. You should really look at HMBL. I think it will go 100x over the next 5 years. It could do 350-500x

I have 632k shares in it. My only two OTC’s. I literally rolled my entire roth from an previous employer 401k into Fidelity to buy 220k of HMBL when it went under $1

The rest of my shares are in my taxable account. I’ll sell 100k of them when they get to $10 a share. Keep the rest and sell at $50-$100-$300

[I ll be back]

Short answer, yes.

However, I do not believe they will release much of it.

Reason, SRAX is a NAZ publicly traded company. As such, they understand the importance of simply focusing on the game plan and not pumping their stock for the day traders.

In the land of OTC, companies tend to be ran by under funded, low level management teams. They tend to get out news as much as they can in order to pump their stock.

Many of these companies have little in the way of any revenue stream and need to sell stock in order to pay their bills.

The trick in OTC stocks "if" one is looking for a value/long term play, is to look for a take over or reverse merger with a "seasoned" management team. These are extremely hard to find.

While I enjoy trading 20/30% of my portfolio, I make far more money looking (after/tax) for business plans that are backed up by strong growth/management and a GREAT story.

When I first jumped into Force, it was because it looked like a great flip. It was ONLY because the company was bringing fins current and looked like they were about to land a large government contract.

Longs here had no idea this was a reverse merger with a NAZ company tied to Bitcoin.

This has turned into a much greater play with a bigger story. Only problem for some, its no longer a flipping stock. That's why you no longer see a lot of posting here, IMO.

The last run up placed me well over a 7-figure ROI. Should have sold my position and paid the tax. However, I didn't. Why, because like many, I see this stock MUCH higher than $0.10, should the company retire a large portion of the AS. OR....we find out that the theory on the collateral for their exchange is tied to AS. Time will tell.

After all, you only need one of these OTC stocks to run from trips to dollars to make some real bank. Which I've been blessed with before ;)

[stockyogi]

But do you agree that with the ticker change they will begin to release news again?

[I ll be back]

My initial call was June/July on the ticker change.

The problem with calling these dates is, you have so many moving parts/players. The legal review and government agencies can really drag this process.

I'm sure it is just as frustrating for management, as it is for shareholders.

Personally, I don't see the ticker change will have any price support. If anything, we will see some flippers try to move out of the stock.

I'm waiting on the news for how the company will deal with the AS/OS.

I'm also waiting on the next financial to see how the user count and revenues compare to the last 10K...this play is going to take sometime.

[stockyogi]

Lol, I own my own business. I’m always working. But yes, cheers.

I miss living in FL, sigh.

[rumark27]

Cheer up buttercup, it’s the weekend! :)

[stockyogi]

Also mentioned that ticker change would follow the S1, 2 weeks later. I hope that timeframe is true. If so, we’re looking golden really soon.

[stockyogi]

I like how you assume it’s a he. “Zuti”? Hmmm.

Anyway, Zuti said early June it would be filed- if you look back. It’s now late July. At least it’s filed!!

[rumark27]

Few weeks ago Zuti mentioned S1 then ticker change would follow. Wonder if this is the S1 he was referring to?

[ChadClemson1]

https://flashalert.me/?symbol=FPVD&source=SEC&referer=https://stocktwits.com/&url=https://www.sec.gov/Archives/edgar/data/1518720/000149315221017675/forms-1.htm&s3=FPVD/2021-07-23/17-27-29_000000/S-1/c7a90f9dcda6ed6882feeb00f2d1d58c/forms-1.htm

[ChadClemson1]

S1 was filled

[stockyogi]

https://www.mediafinancefocus.org/2021-agenda-july

July 27th George Stella is representing BIGT with Brittany Kaiser.

BIGT posted this link on LinkedIn

[stockyogi]

Lmao, yes. Wisely spoken Hook. We’re all in the same boat here.

[Hook]

Easy to say POST SUMMER in Otc from my experience. Oh well. I will also go with that and hope for a few other guesses between now and then.

Thanks rmrk27!

[rumark27]

I’m still going with Zuti’s prediction of late September

[Hook]

Good morning Bigtokers. Cough. Any updates or theories on FINRA name change or OS or anything at all? How are the guesstimate timelines looking?

Patiently waiting, but not sure for what. Will buy more .003s if they become avail.