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boog.......Keep in Mind,
tracker has been on a mission here ,,,a one note play,,,Buying a stock has as much to do with timing as with it's future growth potential.... You don't buy a 3 dollar stock when the company is losing money ....You buy a 10 cent stock when a company's book holds over 550M in future business in it's next 5 yrs .....with the likelihood of continuing to add more contracts over that 5 yrs. Maybe they do 350M, maybe 650M in the next 5 yrs,,, either way the stock price goes well beyond .10
tracker's bias will not change here ....Some people can't handle losing a few hundred dollars ... He'll hopefully lean from his mistakes and improve his timing ...
tracker...
No reason for a .50 stock price yet ....given the last two years. But if BLVT executes on their contracts it will get there and far more. When this stock was 3.00 ....The business wasn't there to support that price. It deserved the < .10 stock price as a non-filing pink sheet company. Everyone sold ....There will be a time when everyone will be buying.... many at higher prices than today.
tracker .....Turn the chart right-side up ,,,,The PR release of Jan 31 saw the stock move off it's low of .04 to .14 ..settling in at the .09-.10 area. Penny players being what they are ...took their few hundred dollars of profit. Don't get too confused .....This is the penny stock market at it's normal operation..
It's a little early to complain about no meeting ...BLVT has been in the munitions business for a long time ....I doubt the Army would be greatly increasing the contract awards to Bulova if they did not hold a favorable opinion of the company. At this point the Army has a far better opinion of Bulova than do shareholders.
Where is the PR regarding a 2011 meeting? ......As for the dividend of stock? ....There is no value in a spinoff of a money losing division....Hence, why worry about it.
I agree ...Is it a slower ramp up or a steady flow of work? Hopefully by month end we see a PR to clear up the outlook for the year. No matter what though, it will far exceed what we've seen in past years......with no losing Division to drag down earnings.
Profitability in the Dec Quarter may not happen with any further write downs on closing of BT, etc ....and the 500M in new business starting in the 2011 business year...
I said 1M shares ...............BIG difference
1M shares over the past x number of weeks is not that hard to do....
If the average price was say .08 ,,,,That's only 80K dollars
I would guess he knows a lot more than we do about Bulova's business and where earnings and revenue will go this year. I was also told today of another investor who bought 1M shares over the last few weeks. There are big investors who know this company is heading higher.
Just maybe ....
You play it cool and figure your stockholders will read the text ....Instead of Broadcasting It and have people brushing it aside because it is unbelievable that a .10 stock company has a 550M backlog .....
This item from the 10K is very Important:
"The operations of BT Manufacturing Company LLC have ceased as of December 31, 2010, and the accounting treatment for discontinued operations allowed us to take the anticipated losses from this discontinuance in our current fiscal year, although the ultimate termination of this business segment will probably carry into the second quarter of our fiscal year ended September 30, 2011."
No more net losses in Future filings from the BT Div,, 10Q's and 10K's .........Throw in the NOL's and the bottom line will benefit to the surprise of many here ......
BTW
I tried to add another 100K shrs at .03 while the stock was down the last year ...never could get a fill ....Should've just picked it up at .04 .....
tracker ...
You are a lost cause re anything BLVT so you see nothing here....and that's OK. The fact that you never leave the board says something else... 90 percent of what I own cost me .04 ...What ever the OS is with BLVT eventually reporting the profitable Ordnance business ,,,this is no .10 stock
Your story's getting old there tracker ...
Time to turn your head around and look to 2011 ....The HUGE money drain reflected in the past 10K's and 10Q's is obvious and now gone from the company. The future in 2011 is Ordnance and Combat Systems ....which now comprise all of BLVT......Look at the Existing Backlog. 5yrs and 358M !! Now add the NATO potential to that plus future awards in the coming 5 yrs.........This stock will go multi dollar in that time ..........
From Sentry's website ,,,Winter/2011 Newsletter
January 2011
Dear Sentry Shareholders,
We are optimistic about 2011. There are several reasons why. During 2010 costs were reduced while sales increased. At the same time, profit margins were maintained at historic levels and the company added important long term repeat customers.
During last year we shipped the first 100+ SmartTrack™ traveling camera systems to a new OEM customer that has broad market reach in the European retail sector. The majority of these systems were installed in the second half of 2010. We expect this business to double during 2011.
This year we will introduce an entirely new version of our traveling camera system. The track is smaller and lighter than the current design and will allow the camera carriage to travel along curves and around corners. SmartTrack™ has been sold primarily to big box retail and distribution centers where it is serving six of the world’s ten largest retailers. The size and cost structure of the new track system is targeted toward a much larger market in food, drug and general merchandise stores.
Our library sector product line saw improvements during 2010. We installed complete RFID programs in the U.S. including theft detection and QuickCheck™ patron self-service systems. QuickCheck has been upgraded to allow patrons to open CD and DVD security cases using fully automated un-lockers in addition to processing all book borrowing transactions. The first QuickCheck systems with media case un-lockers were installed at the New York Public library.
We plan to grow our business in 2011 and thank you for your ongoing support.
Sincerely,
Peter L. Murdoch
President and CEO
GRWT? ....What difference will it make ...not much value there...As for a profit for 2010? Have you read the 10Q's and K?? ..Until BLVT sheds the BT division the books will show a loss. 2010 will show a loss..2011 will show a huge profit since the BT division should be gone as of Dec 2010. The 10's filings to date clearly show the Munitions Div logs a huge net profit while the BT Div logs a huge loss. The 2011 turnaround should show a dramatic change.
Jan should PR in the last 2 10Q's ...bringing BLVT up to date ....With the BT div disposed of this month(it being the money loser in the company) BLVT will be bringing in a very good net profit every quarter from Jan on...Check the last couple 10Q's posted,,,The Munitions div. makes a lot of money ..
Ever buy a placement? Your money and shares are tied up for many months ...They can't be sold until the company 'registers' them....You would not be flip'n anything.... This is not an IPO.
They will likely run it for a while ......Hell, they ran a whorehouse in Nevada for a time ...51% of the stock can not be liquidated on the open stock market .....The munitions division did 19M in rev and over 1M in profit in 2009 .....2010 probably better ....as the BT div is dumped this month ... They will find a buyer given those numbers...
It's called end of year tax loss selling there Rookie ....It's actually time to load up on the low price as BLVT sheds it's last remaining money losing div, BT, This month .. The company will then only operate in the munitions area which reported a 1M dollar profit in 2009 ...
conix .......BLVT has been bringing over 4 years worth of filings up to date this past year and a half. It's nearly done. The reverse merger into a bad shell took much longer than plan ....costing a CFO his job. They say it should all be up to date in Jan. At least they are working on fiscal 2010 now. Time will tell.
Sentry has finally lined up all the ducks ...for 2011. I've known this company for 10 years and have communicated with the CEO Murdoch many times. He is an honest guy and has worked hard to keep Sentry afloat over that time. IMO, he will succeed and the price is very cheap to place a bet. Eventually he will sell the company for a much higher stock price as his stake in the company is 50% of the outstanding stock ...The only way to realize the value, as it is far too much to sell into the open market.
For Those Who Invest ....
Checkout the 10K just released in Nov for Sept 2009 ....You will see that BLVT does extremely well in the Munitions business ,,,check the net profit of that division,,, The losses come from the Contract Manufacturing Division....Check page 31...... So the PR today tells you the Manufacturing Div is going away by year end ,,,,either by sale or closed down... Then those sales of 19M and profit of more than 1M will determine the price of this stock ....Needless to say, under .10 for this stock is a bargain now ....
News, Despite the Bashers ,,,,There is a Business
Bulova Technologies Group, Inc. Updates Shareholders
businesswire
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Symbol Price Change
BLVT.PK 0.0350 0.00
Chart for BULOVA TECHNOLOGIES
Press Release Source: Bulova Technologies Group, Inc. On Friday December 3, 2010, 12:28 pm
TAMPA, Fla.--(BUSINESS WIRE)-- Bulova Technologies Group, Inc. (Pink Sheets:BLVT.pk - News) (or the “Company”) today provided the following update to shareholders and other interested parties.
First, there has been a major undertaking to conclude all SEC filings needed for BLVT to become a “current filer”. The Company believes all such filings will be complete in January, 2011, which is the first step toward elevating the reporting status of the Company.
Second, there are $630 million in outstanding, pending contract bids with the Department of Defense. The Company will announce awards as they occur. The bids cover simulators, mortars and artillery ammunition.
Third, the Company should complete the sale or liquidation of BT Manufacturing, and the share distribution of Growth Technologies International, Inc. by the end of December.
Fourth, the Company recently launched a major mortar shell exchange program through a subsidiary, Bulova Technologies Europe. The initiative is designed to refurbish mortar shell inventories of 60mm, 81mm, 82mm and 120mm in all NATO countries (including the United States). The Company believes this program could provide $50 million in revenue in 2011. The potential of this program is over 1 billion in revenue over the next 10 years.
Finally, the Company will announce a shareholders’ meeting early next year after the filing of its 2010 Form 10K.
I'll buy if they can drive it down to .01 .....
50,000 shr buy at .73 just went through ......Lots of money just spent on SMME stock ,,, $36,500 ,,,I don't think anyone would place that bet without knowing the outcome already ....
Wha???? The Sept 2009 10K will only reflect the business up to THAT DATE ....
Inside of two weeks we all will know the numbers
Looks like Stanton may be locked up well beyond the 6 months the judge gave him .....His days of playing fast and loose are over as the IRS will hang him out to dry on the Cast-Crete fiasco.
News, the 2009 10K is out .....
The munitions division was very profitable ......The loss was in contract manufacturing ,,,which has been adding business to the tune of 2M dollar backlog this year....
Looks like the IRS will own 51% of this company ....Stanton's stake.
Our new majority owner .....
They just extended the deadline 15 days to the 30th (an 8K filed)......This is a very good sign ,,,that says they are hammering out the Settlement details ....If they were headed to court there would be no need for an extension.
A short time ago somebody just spent $16,400 on a 22,500 block share buy ...This is not your basic BB investor ....IMO, it comes from someone who knows the current inside story on the settlement....Another very good sign
News should come very soon ......Those close in the know around these companies may buy up some stock
Oct 15th was the first deadline for settlement or we go to court .....That was extended to Nov 15th ....That may be extended again, who knows ......But it is a good that going on.....The fact that Visa/MC want to settle....When one settles, the pressure on other companies will be huge.
Monday is the deadline ........
RE Settlement numbers
..Billion??? Think Millions ....
Settlement Talks are going on right now.....
Which means can they agree on a price......
Sentry is alive and well ......News Today
Sentry Technology Announces Milestone in New System Development
Press Release Source: Sentry Technology Corporation On Monday October 25, 2010, 8:01 am EDT
RONKONKOMA, N.Y., Oct. 25, 2010 (GLOBE NEWSWIRE) -- Sentry Technology Corporation (Pink Sheets:SKVY - News) announced today, the successful development of a track prototype as part of an entirely new version of its SmartTrack(TM) traveling camera system. The track is smaller and lighter than the current design and will allow the camera carriage to travel along curves and around corners. SmartTrack(TM) has been sold primarily in big box retail and distribution centers where it is serving six of the world's ten largest retailers. The size and cost structure of the new track system is targeted toward a much larger market in food, drug and general merchandise stores. The electronics are in the design phase and will include features to augment the value of Sentry's OperationalVideo(TM) software as a service platform, for in-store product audits, as well as safety and security management. The system is expected to be released in the later part of the first quarter of 2011.
"We are excited by the new track prototype," said Peter L. Murdoch, President and CEO of Sentry Technology Corporation. "Traveling around corners and features such as digital video will open a very large market for our new product. Over recent years we have proven the quality and reliability of our SmartTrack(TM) design with retailers around the world. The sale of the new system will benefit from relationships directly with leading retailers as well as our many distribution partners worldwide. In particular, some of our largest customers have expressed interest in growing the use of traveling video at a lower price point. We expect the new design will add significant new revenue opportunities in 2011 and beyond."
Another 10Q out ...Q2 of 2009
http://yahoo.brand.edgar-online.com/DisplayFiling.aspx?dcn=0001193125-10-232563