Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Chapter 11 plan due by 11/3 ... next week.
http://freecourtdockets.com/Dockets/Bridgetech-Holdings-International-Inc-3-11-bk-11264-California-Southern-Bankruptcy-Court-Docket-Page-1-17632-17632.htm
I tried to call Scott a few days ago - sometime last week ... no answer. Guess we're still just stuck here waiting and hoping...
Paint?? Why do people bother ... someone comes in and hits the ask with 100 shares (70 cents ... really?) and then if noone continues to paint, it drops back. Can someone explain why the bother? I've seen this done on many stocks where the waiting game is being played out. Why not just leave it alone .... Thanks,
Retiremeearly,
Idon't have pm...However, I am not overly optimistic we will do anything...but Scott seems to think so... Not much I can do but sit and wait.
Sthlag
thankyou for the update
Thx. So he doesn't think they will have it early to the court like he hoped huh? Oh well , I was just hoping to see this happen b4 the end of the year. Im still holding my shares. Might buy more after the Bk court meeting. Thx for the update bro
Thanks for making contact ... Still optimistic!
Thanks for the update.
Just spoke with Scott... Still moving forward. Need to have several thing to bk court by 1st or 2nd week in November before he can elaborate any further. But he seemed very comfortable that we were moving in the right direcetion.
Holding out hope someday I can sell my 200K shares at a profit.
Schlag
I have tried twice this week with no answer
Alright own up to who it who was unloading today?
At this point I would rather write this off as a total loss...what is 200K at .0015...I will still stick around and see if we get lucky.
The world of Pinks!
Still holding a few hundred thousand shares also, but it looks like some are getting out today ... hard to believe they can't hold on a bit longer and are willing to take the loss all the way done to .0015 ... September seems to have been a hard month in many areas.
Yup im still here holding onto 340,000. Shares n not going anywhere.... I'm being patient :).
Have not called lately.
still holding for some good news!
Here waiting patiently..anything new on your end?
Yep,
still holding and waiting. Finally settled in after moving from TX to MA ... so I might dig out that number again and try to call the CEO again.
He did tell me that there was a group of shareholders that is interested in the shell once the debt is settled. I did read in the 10q , that it says that funding is private financing and certain shareholders. Conversations have been great with Scott and he said that his goal is to make this work. I for one trust and believe him.I'm holding tight,time will tell. P.S. 10q has been out on Edgar online for awhile now,filed shortly after late file notice. GLTA.
what did he tell you in your last call?
what did he tell you in your last call?
Call him at 6:00 pm eastern time. He has answered every time that I have called, once a month since Jan.
Nope, I called and left a message on the generic voicemail response. I'm in the process of moving right now, but will try again next week.
Thanks, just let us know when you get a chance.
I did not...I'm going to try tomorrow, I got caught up with work stuff. I DO want to speak to Scott, and relatively soon, however, I don't think anything major is going to happen in the immediate future so it didn't take priority today. Thanks for the number though, I will talk to him soon, hopefully tomorrow, and I'll be sure to update the board, even if it's only to verify exactly the same info that you provided.
Cheers! And here's to hoping that sometime this fall/winter something miraculous like a R/M goes through and this stock that many of us have been holding for many months now watching it go deeper and deeper red goes on a scorching run.
did you speak with scott today?
Thanks! very helpful. I'll be taking a chance on Scott with this and buy some more as funds become available. good price down here will add nicely to what I already have. He's done it before and 11/1 is not that far off. Thanks again.
No problem you can reach him at 858-847-9090.
Please quiz him as I was cut short by a screaming kid.
Thanks!
Not doubting your information at all - but wondered if you could be so helpful as to provide the contact information for Scott, I'm interested in talking to him myself, and would be willing to verify and/or add any information that I receive.
Thanks in advance...
To All,
I just spoke with Scott and a quick summary below:
1. Met with creditors on 8/9
2. Needing a clean shell for potential merger candidate Hence the bk. Why would merger candidate want 7 million in debt when they can buy a clean shell for $450K.
3. The Bk court is wanting a plan submitted by 11/1. He thinks it will be sooner. He thinks it will be done sooner because the court wants to see how it will benefit potential merger candidate.
From what I guess it may be still the same company originally.
He said things are still moving forward with our investment.
That is all I have for now.
Anyone else care to add if they spoke with him?
Schlag
more buying today at the ask. could there be light at the end of tunnel?
And what should be investigated?
Wow...not much volume, but quite a large spike. Would be nice to eventually get an update from the CEO on if all negotiations are off the table, if there's still something in the works...i.e., is there still a possibility of a R/M?
based on the filings it looked good at the end of last year...
This stock is garbage. The so called "due diligence team" gave it the "seal of approval".....well i guess it shows just how solid their due diligence is.
It's time for an investigation here.
Scott Landow 858 847-9090
Bridgetech Holdings International, Inc.
777 South Highway 101
Solana Beach
CA 92075
If I could find the filings...it is in there
i dont have it either,i wonder if one of the older shareholders has it
well I can't find his nbr anyone offer it up....
cool! let us know what he says
I will try him today.
I will try him today.
Anyone talk to Scott in the last few days?
And again today ... Hmmmmmmm.
Still filing reports ... i see that as a positive sign.
i hope all goes well here
Followers
|
38
|
Posters
|
|
Posts (Today)
|
0
|
Posts (Total)
|
4893
|
Created
|
02/07/06
|
Type
|
Free
|
Moderators |
Updating IBOX ~
Starter DD:
Speculation is the fuel for many 1000%+ runs in the pinky market. The most lucrative being the Reverse Merger play. Most R/M plays are discovered via Secretary of State changes, or 8k filings...ect. Great post by Rainmaker on WHY R/M plays run so much on speculation: http://investorshub.advfn.com/boards/read_msg.aspx?message_id=57896386&txt2find=box
I have rarely come across a Shell that pretty much spells out something is coming, like we have here with BGTH. I had this stock on radar in Sept, and noticed it's 10Q filing, where it showed 3 candidates it was in merger discussions with. Its latest 10Q out a week ago, shows only 2 candidates. Hmmmm.
I have spent a few hours diggin on this one and will have a DD post out sometime today. Based on everything i have found, i think BGTH can go .20 to.75 going forward IMO.
Here is the wording from the filing:
http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=7621887
Our management is currently in discussions with three potential merger candidates with companies in the following categories:
Electro coagulation
Electro coagulation is an electrochemical method of treating polluted water whereby sacrificial anodes corrode to release active coagulant precursors (usually aluminum or iron cations) into solution. Accompanying electrolytic reactions evolve gas (usually as hydrogen bubbles) at the cathode.
Electro coagulation has a long history as a water treatment technology having been employed to remove a wide range of pollutants. However electro coagulation has never become accepted as a mainstream water treatment technology.
The lack of a systematic approach to electro coagulation reactor design/operation and the issue of electrode reliability (particularly passivation of the electrodes over time) have limited its implementation. However recent technical improvements combined with a growing need for small-scale decentralized water treatment facilities have led to a reevaluation of electro coagulation.
On Line Distribution of Unique/Differentiable Dietary Supplements
An online media and marketing company engaged in the promotion of alternative health remedies and other health living solutions. Their marketing activities primarily target the demographic segment comprising persons in the United States between the ages of 18 and 50 although they also reach consumers outside of this group.
The business model for this entity entails its primary revenue through the sales of products through our opt-in email offers, various websites, affiliate marketing, and advertising. Their management contends that the quality of their products and effectiveness of our marketing network will be the primary reasons for the success of their entity.
Their company's principal core philosophy is to create, or partner with, products backed by science and catering to market segments that provide a net positive benefit with a long-term customer lifecycle.
Now the bigger piece to this puzzle is our CEO Scott Landow. He was Founder/CEO/President of BNLB, a company on pace for $12 million in revenues this year. He founded the company! Not only that, he stepped into a director role. Is he now trying to do something with BGTH???
Now a couple Key things that will really add some kick to the trading today:
Authorized shares is 100 million , 70,852,030 outstanding, and CEO Scott Landow owns 54% of the OS. Tight Share structure!
Tradeable float today since we woke up the shell appears to be in the 3 to 5million share range. Check the chart and you can see how we can move up 200% to 300% very fast on low volume with buying pressure..
I did the Math, and only 19 million shares traded on BGTH since 2003. And guess where the stock was at in 2003?? $4!!!!! Wont take much to get to .50 plusif we get some volume IMHO ~
Here is some screenies i took of the possible merger candidate :
Volume | |
Day Range: | |
Bid Price | |
Ask Price | |
Last Trade Time: |