What court case are we talking about? The ongoing Twiss saga?
BTGI was forced to sell off whatever stake they had in them years ago after the wrongful death lawsuits first started.
Someone either clarify the situation, or stop with what has little or nothing to do with BTGI. If anything, the last thing we want is to be connected with Twiss.
BTGI still has it's own bank/creditor problems. The only thing bankruptcy will do for us is to wipe out the old shareholders. Who disagrees with that?
I looked at 2 files and no names were mentioned that are discussed on this thread... I must be missing something.
Court case BANKRUPTCY Still proceeding
Sorry but what does this link show??
What short of a new business model and investment team could bring this back to life, without the inevitable onslaught of creditors and lawsuits. The "new" company would have no financial ties to the "old" company, including our stagnant next-to-worthless common shares.
If I am wrong, I would like to hear from someone on this.
So this is just a motion to lift an automatic stay? I'm guessing to assist lawsuits against BTGI, who filed for bankruptcy to protect their assets? If they don't get lifted, we have a chance???
BTGI Certificate of Service Re: Order Granting Final Relief From the Automatic Stay to Allow Litigation Against Debtor, Insurance Proceeds, and Non-Debtor Parties [Doc. No. 29]. Filed by Daniel R Fogarty on behalf of Interested Parties Adrenaline Mob, Christie Allen, Russell B. Allen, Jordan Cannata, Robert Dressler, Lucille Joyner, as PR of Estate of Janet Rains, Jason McCloe, Michael G. Orlando, Paul Zablidowsky, as PR of Estate of David Zablidowsky (related document(s)).
Could the BTGI Beast be awakening!
Somethings about this stock are easy to understand. Somethings about this board not so much. Biggest one is not giving up their domain address. Also I believe there is some confusion believing that this was only a trucking company.
Also who is trading this stock? 250,000 today. Average volume 2,190,760 according to this.
Hard to make acquisitions with no investors. Pretty sure the only investor they had passed away and no bank in their right mind would jump on board.
Good luck to everyone.
Well I guess since everything is done. And after you have stuck the proverbial fork in BTGI, you won't be visiting here anymore. Just wanted to wish you good luck in everything and maybe we will meet on another message board.
The shell is responsible for the company closing. So either way you’re bidding on a dud. Good luck.
It's not about the company, it's about the shell. Look up S F I O. It went belly up, and then BAM
The cup is empty bud!
They did not let go of the domain. Only a simple sentence. "This website is closed until further notice." I'm a cup half full sort a guy, and I don't get a horrible feeling from this.
That’s because they closed down the company and let all the employees go..
OK, 46MM shares then
that is still only $4,600. As far as trading goes...I use TDAmeritrade for my trading account. TDA trades BTGI as normal with no restrictions or limitations so I'm not really sure what the "suspension" is about.
I have another question since I am a relative newby here. For those of you that have been here for a long time and that have witnessed the BTGI "fall from grace", what was the stock trading at before the accident and all? I've looked at many different financial pages but I can't find an answer to this question.
Thanks in advance,
Actually over the past week(s), there's been quite more then 3 mil change hands. Also the upside of owning that many shares bought at .0001 if it hits .0004 starts really getting interesting. My spidey sense tells me someone(s) is accumulating with the help of the MM's, without drawing to much attention to what they are doing.
Since the 13th 46 million shares have changed hands. For a stock that is suspended, this doesn't seem interesting to you?
3,000,000 shares = $300
Not that impressive when you think about it in real terms.
I'm with you MD. It would be great to see this document in layman's terms . That being said although not that much money has been invested in trades lately at .0001 it does translate to quite a few shares traded in the last few weeks. May be interesting.
Wow, that's like a 50,000 word statement. Pretty hard to follow. Summary? Thanks
Volume and Updated Share count... and just for fun, I have 1 Million buy out there not getting touched? Very very interesting.
Held at DTC
BTGI: I don't know; The volume is surprising and alarming. I was able to get out. A post suspension due to delinquent financials always ends in a revocation.
Thanks for that great insight.
Page 27 sums it all up.
Gurba sold Twiss Transport’s assets to Big Red Express Trucking. Buyers are probably speculating that the company will try to file a new 211 at some point...
There was a decent bid before it was suspended and sent to the Expert Market, so I’m not really surprised to see a little interest and volume.
So would you say the MM's are working a lil more then they usually would on this? Seems a lot of action going on, that we are not privy to.
Hey Lime, what ya think is going on???
Thanks Spiccoli. I'm still holding on a few shares myself. I think I have lost money on 4 out of 5 penny stocks that I have invested in but when that 5th one hits big is usually more than covers what was lost on the others. Only invest what you can afford to lose. I'm still "hoping" on this one, but as my signature says "hope is not a strategy"
7 million I bought when it was around .0003. Got caught with my pants down, and missed the opportunity to get out. By the time I tried to get out, it was not possible. So I've conceded that my money is lost already. Funny thing is that I just had an experience with a company, S F I O, that I had a loss because I could not sell for years. And then out of nowhere, it came alive and I made bank. Never say never!!!!
I have a question for you guys that are still hanging on to your shares... approximately how many shares do you own and why are you still holding? Thanks in advance.
I agree the volume is very strange, but when this got suspended there was still a large demand at the .0001 level. It is very foolish to buy this now. This ticker will eventually be revoked. All shares will be nullified and shareholders will lose 100%. Unfortunately that is the way the system works.
Insider. That difficult to comprehend?
I understand people bailing to get out. I don't understand someone just buying 9,000,000 on something supposed to flat line. Who is buying these shares?? What do they know? This can't just be some kind of hail mary, hoping to get lucky. I'm not letting mine loose, I'm gonna hold for as long as this doesn't get toe tagged.
who the hell is buying up all the cheapies? I sense blood in the water
Bulova Technologies Group Inc. (BTGI) is the MOST UNDERVALUED
stock in America!
Soon it will be the Number 1 Penny Stock in America!
Summary, Highlights, DD & Speculation for Bulova Technologies Group, Inc. (BTGI)
CEO Stephen Gurba Radio Show Interview October 16, 2017
CEO says New RECORD revenues of $25 MILLION forecast for FY2017 and they will be profitable!
CEO says BT Twiss Transport and Big Red LTL Transport to generate $40 MILLION in REVENUES in FY2018 for BTGI !!!
CEO says there will BE another Trucking Company Acquisition coming in FY2018
Projected additional annual revenues: $$$???
BT Twiss Transport: 100+ Trucks and 120+ Trailors
Big Red LTL Transport: 45 Trucks and 60 Trailors
BT-Twiss Transport is a full service Truckload and LTL freight shipping company. We specialize in the transportation of Frozen, Chilled and Dry goods to and from anywhere within the Continental United States.
Stephen L. Gurba – President, CEO and Chairman of the Board
Mr. Gurba has over 35 years of experience in the design, development, production, and management of complex systems for both the defense ammunition industry as well as commercial products. His experience has included responsibility for companies with sales of up to $300 million annually and employing as many as 2000 employees. Mr. Gurba has previously held the position of Senior Vice President of General Defense Corporation, Vice President of Marketing for Olin Ordnance, President of Valentec International Corporation, President and CEO of National Manufacturing Corporation, and President, CEO and Owner of Bulova Technologies LLC. He currently holds the position of President and CEO for Bulova Technologies Group Inc. In this position, he has responsibility for both the Defense and Commercial Operations of the Company. Mr. Gurba holds a Bachelor of Arts in Math and Science from William Paterson College and a Masters and Doctoral degree in Business Management from Century University.
Craig Schnee – General Counsel
Mr. Schnee has served as a Senior Executive for Mr. Gurba’s Management Team for more than two decades, holding currently the position of General Counsel of the Parent Company. He holds a J.D. from the University of Virginia, and an MBA from the University of Pennsylvania’s Wharton School.
Michael Perfetti – Chief Financial Officer
Mr. Perfetti has over 30 years of experience in operations and financial reporting in various industries and companies ranging from a Division of a Fortune 500 company to start-up companies. Most recently he was Division President & CFO at L-3 Communications, Scandia Technologies Division.
Francis (Frank) H. Taylor III
Mr.Taylor serves as President of BT Twiss Transport LLC. Mr. Taylor is a long time valued member of the Bulova management team, having previously held the positions of president of BT Europe LLC and General Manager of BT Manufacturing. Mr. Taylor holds a B.S. in Business with a finance concentration from Rutgers University.
Mr. Pelliccio serves as Director of Logistics and Customer Service. Mr. Pelliccio holds a B.S. in Management. Mr. Pelliccio was honorably discharged from the United States Marine Corps. Prior to joining the Bulova management team, Mr. Pelliccio held sales and marketing positions with several Fortune 500 companies.