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Bought this at around $4. At this point, I might as well keep holding. Good to see there is a board for this stock!
weird ! got this in my etrade transaction history! 1X500 reverse split
07/09/15 Reorganization 1032 GLOBAL SEAFOOD HLDGS CORP COM RESUL... 0.00
07/09/15 Reorganization 516156 BRIDGETECH HOLDINGS INTERNATIONAL I... 0.00
07/09/15 Reorganization BRIDGETECH HOLDINGS INTERNATIONAL INC MANDATO...
So, what's the prognosis?
BGTHQ: suspended CUSIP:
http://www.otcbb.com/asp/dailylist_detail.asp?d=04/03/2013&mkt_ctg=NON-OTCBB
Did he happen to mention that whether the R/S was still on or not? It's a bit reckless of hime to announce the split in an SEC doc without actually knowing whether he can do it or not.
Call Scott,he'll talk to you and give what info he can.
Talked to Scott a couple of months ago, he was waitng on the court to approve settlements that were agreed on with creditors that would take the company out of bankruptcy.
Any way to get info or anything from the company? Maybe they'll cancel that RS? What do you think?
10Q out today ...
Anyone know what this means ...
Keep buying Landow...starting to feel the resistance? Thanks for the $500 yesterday and today!! This is looking prime for some shorting.
more volume today. whose buying this pos?
sold all mine a long time ago ... i'll wait to see what happens after the splits' done. maybe this guy can redeem himself.
Things are moving along, Sit back and relax.GLTA! BGTH?
This thing's a joke ... CEO doing a 1/200 reverse split (still no firm date) at the same time filed bankruptcy. Who know's where any reorg is at. No announcement from him, had to read about it in the fine print of the 10Q filed in November. There was talk of a reverse merger back in January 2011 ... but it was just talk.
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=69475509
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=69475855
Hmmm...VAE* had a similar run before their 1-300 R/S. Now they're @ $2.30/share.
That's possible. Been awhile since I looked this over. There's no bid support at all. Could be propping price up before RS. Just a guess.
Possible merger candidate soon?
Up 1000% BGTHQ looking for some clues here also.
what's with volume and the price surge!?
Are you kidding, 1:200 R/S after the CH11? I've never heard before!
Remember folks, BGTHQ in Chap. 11 AND performing 1 for 200 R/S ... Double Whammy
KNOW WHAT UR BUYIN'
108,496 shares dumped at the new 52-week low 0.0006 today! Sell ASAP
Next stop trip zero 1 ... and that's a fact for this one.
Sold my shares today for the a year end tax loss.. A small loss but dissapointed in Landow how he can lie straight to someones face.
Oh well the land of Pinkies...you win some and lose some.
Good Luck to everyone!
Schlag
Just a reminder to all ...
Here's a nice quote for the last 10Q
" Trading in our securities during the pendency of the Bankruptcy Filing is highly speculative and poses substantial risks. Our common stock may be cancelled and holders of such common stock may not receive any distribution with respect to, or be able to recover any portion of, their investments. "
Or at the very least ... reverse split (on 10/27) ... 1 for 200.
LOLZZZZ .... Well said!
Landow knows how to split and dilute, no doubt about it. Past performance told me that. Still waited it out with some shares. He needs to raise funds and that's how pink scum do it. BGTHQD....500,000 O/S. Could be a great play after the split. Holding the bag is never fun. Guaranteed there is a split planned after this one. Pink CEO Confucius standard "DO UNTO OTHERS AND LEAVE!" Looks like he put on a few pounds, but I love the new Bridgetech slogan.
Hope more people tune in here and take some time to read the dismal news about the R/S in the 10Q ... in black and white ... complete disregard for current shareholders. Nothing hopeful about this one for all current bag holders.
Thanks for your thoughts
I think we'll start seeing an exodus of shareholders (who were hoping that Scott Landow had a little more integrity) as the MM's move this into trip zero's ahead of whatever the R/S effective date will be.
I'll stay around for as long as it takes to ensure any prospective shareholders (coming to this board) know what to expect from a CEO who doesn't give s#!t.
Bankruptcy AND reverse split ... way to reorganize and stick it to the shareholders Scott.
Don't trust this guy. My opinion.
What's with this 10,000 share trade @ .002, who does that?
Scott Landow is breaking all the "reasonable" norms here. He does not give a s#!t about any of the current shareholders. Bankruptcy AND reverse split ... anyone who thinks they'll be OK with Scott and future ventures (if he can find a R/M candidate) is on some VERY good drugs. IMHO
Afraid not! Haven't seen a Q stock reverse either!, no choice but to wait and see!
Waiting for what now? This does suck, can't see much good comming out of this now. Any thoughts?
the reverse split sucks!,should've sold long time ago! guess we have to wait!
Good luck finding any good news in this stock ...
Divide your 200K shares by 200 ... how much profit can you realize now? We've all been hoodwinked by another wonderful pink stock CEO ... gee what's next?
He's cleaning up and sweeping out us old shareholders ...
And ...
ITEM 5. OTHER INFORMATION
On October 27, 2011, the Company amended its Certificate of Incorporation to provide for a one for two hundred (1-for- 200) reverse stock split of its issued and outstanding shares of common stock.
BOHICA!
If anyone cares, I noticed the 10Q came out with little fanfare ... I personally didn't care for this statement from the report ...
NOTE 7 – SUBSEQUENT EVENTS
On October 26, 2011, the Board of Directors approved a one for two hundred reverse split of the Company’s common stock. As of the date of this filing, the reverse split had not been effectuated.
A/S = 100M
O/S = 96M
That would take the A/S back to 500K shares ... makes it ripe for issue of new shares.
Here's the link ... just another stinky pinky ...
http://www.sec.gov/Archives/edgar/data/1344736/000141588911001294/bt10q-sep302011.htm
yes!!...there is still hope!...lol
what filings...did I miss something?
Nice to see we still have filings being made ...
Great! Appreciate the update. I've tried to call multiple times, always get a non-specific voice mail (which I leave a message on with my name, that I'm a shareholder, and that I would like a return call or update) ... but, I'm just glad that there are some folks talking to Scott and it appears things are still moving forward. I might have to free some funds up and average down here just as a lotto play. Tough to justify moving funds into something that's been stagnate for so long, but after waiting for many, many months now, might just be worth it to get some more down here.
Spoke with him last night, he said that they have a court date set for three weeks from now. Also, said that he took care of some unpaid fees from 2006 and 2007 in the state of Delaware pertaining to the corporation last week. I believe that he is trying to clean things up. GLTA
Hello if anyone is still out there?
I spoke to Scott today and he said they filed the plan with the courts yesterday as required...
I will touch base with him in a week or so to find out what is next.
Schlag
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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 :
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