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I stand corrected. I think CIA has one as well.
Unless I'm mistaken, the Science & Technology Directorate is a division of the CIA.
With what???
Please provide proof of a BVTK buyback as- if you are wrong it is a serious disservice to those of us with money on the line. Belief and hints, tweets etc are one thing. Transfer Agent confirmed outstanding shares is another.Somehow the magical "equity investors" ( as opposed to debt investors/note holders) are expected to take a smaller interest in the company by buying out the note holders position? Does this make sense to you? Retiring shares to treasury when there is no proof of cash to do so is pretty sketchy, No?
I'm playing this puppy like any dead cat bounce with potential. If we get info that more dilution has occurred say 6 billion total O/S, then I expect either a 20 or 30 : RS after the stock gets "promoted to .01 thereby creating a company with 300 million shares trading at 20 cents or a market cap of $60 million or roughly 5 times today's price. or 200million trading @ .30.
In any event it is not good form to be urging others to use faulty market logic to base their trading.
Portfolio theory leads me to believe in a handful of investments, some rock solid, some highly speculative but one thing I refuse to rely on is funky DD as listed on this message board. Some of the Board moderators know full well that NONE of the directors listed from Curt Weldon, Admiral Cohen and the others are involved in this company...why are they listed? Kaspersky deal still listed as are others. To be accurate and believable or Nasdaq qualified I assure you that needs to be corrected..
We all want to win some of us choose to be more skeptical when handing over our money.
Speculate wisely my friends!
In a corporate buyback, there are specific rules with the first being the company has to announce it.
The other not incidental fact is they would need positive cash. IMO it is fantasy to be talking buyback in the near term.
Speculate wisely my friends!
Hey green eyeshade. I fully agree and also expect an O/S number north of 6 billion making it harder to maintain a "no R/S" position.
Until contract revenues flow, and or more reasonably priced capital is available, the company will sell more stock to stay alive--its first duty. Until we see filings we have NO IDEA of BVTK's revenues, losses, cash position or expenses (burn rate).
This is a fun and good bet but I learned a long time ago to never fall in love with a stock.
Speculate wisely my friends!
The transfer agent updates share count to otcmarkets monthly, so your numbers are questionable at best. The more dilution , the more likely a future reverse split. Buy and hold. Stop sweating.
Speculate wisely my friends.
Little does he know is right,
OTC Markets data is direct from transfer agent Cleartrust and is accurate as of the date posted on the BVTK company profile page @ www.otcmarkets.com.
Again for the math challenged among us. There are 5.5 Billion shares representing the ownership of BVTK. Multiplied by current price the WHOLE COMPANY is valued at a little over $6 Million in the market.
Those who claim we will qualify for Nasdaq @ $4 /share without a reverse split are flat out lying. This company will NOT trade at $22.5 Billion market cap-I promise.
Buybacks are for companies with profits who may choose to either retire to Treasury or retain for corporate use and not shrink the float (Mergers. employee stock plans etc.).
Ask yourself a simple question: How much in NET AFTER TAX EARNINGS (not revenues)does BVTK need to pay a 1 penny dividend, one time? Answer with 5.5 BILLION shares is =$55 million. Not happening anytime soon.
Speculate wisely my friends! Don't get fooled by partial DD no matter how often repeated. Common sense often saves the day.
You are absolutely correct. There is so much inaccurate, false and out of date information on the Due diligence page for BVTK it is almost a liability to the company to have folks rely on it.
No more Matthew Johnson either. The federal government has specifically stated they won't use ANY software that partners with Kaspersky (russian company) and many other either dated, irrelevant and misguided data. If there are any active moderators they need to fix this ASAP.
Amen brother! There is a significant sense of unreality here as we have yet to see ANY current filings, have no way to value this company realistically and are flooded with repetitive cheerleaders who seem not to care in their messianic zeal to have others join them in their quest for "gold in them thar hills".
It is disturbing to hear people waiting for paychecks clearing and raiding their home equity lines to play this lottery ticket.
BVTK may well pay off with great odds but the idea that Nasdaq and 5.5 BILLION shares are in your future is by ANY rational estimate ludicrous.
Bet with your head and not over it...going into debt to buy sub penny stocks or gambling the milk money is nuts. IMO
Speculate wisely my friends!
I wonder what the company's burn rate is? BVTK expenses??
How much do all these high powered execs, officers and directors get paid?
While we remain in the dark without filings and a seemingly unending supply of shares, the only ones making money DAILY are the market makers.
Buy on the bid , sell on the offer capture the spread. Ka Ching is their business model. They really don't care if it is up or down as long as it is volatile.
Again for those who doubt the wisdom of a reverse split why don't we monitor, based on( price X declared shares outstanding DAILY) the market capitalization of the company. In other words what the market says its's worth. Hint: Plus or minus $6 million not including outstanding debt.
Taking today's closing bid of .0011 multiply by O/S as of 5/31 = 5,492,927,983 =market cap of BVTK. Let's track this over the next 30-60 days and revisit this calculation then. I for one intend to enjoy the summer and not stress stocks.
2 things will move this number higher: price, more shares
1 thing moves it lower:price with same # of shares.
Anyone trying to persuade you that magical thinking and vast billion dollar company valuation is around the corner, is flat out either lying or deluded. IHO In either case trade defensively and with your head, not over it. Too may have lost too much believing in the Penny Fairy.
Speculate wisely my friends!
Kura, you are spot on with your analysis. Continue letting newbie stock players understand fundamentals matter. Public filings, share structure NET earnings as opposed to revenue...it's not what you make, but what you keep.
Current +/- 5,000,000,000 shares O/S is completely unsupportable'
Unless this share structure gets fixed with say a 20:1 RS leaves us the equivalent of +/- 250,000,000 shares out trading at 2.5 cents.
While this may be harsh medicine it is necessary to save the patient.
It is more likely that filings and new business can precede the split so moving from say +/-5 Billion shares to 250,000,000 after the stock has reacted positively to the above and climbed 8 TIMES (800%) to a penny from its current .00012 we could then have a 20 cent stock with great growth potential.
Anything else is magical thinking IMHO
Speculate wisely my friend and don't be overly impressed by active posters with agendas up or down. Investing is hard work, good speculating is harder.
Please explain to the board of BVTK interested parties what formula of valuation (P/E, multiple of sales, Magical thinking etc) that has this stock become a minimum of $4.00/share to meet the Nasdaq test with 5+ BILLION shares outstanding meaning a market cap of $20+ Billion, with no reverse split If you can we should all double down
What it is; is a trade of less than $4.oo and pathetic tape painting just like everyday at seconds before 4PM when a tiny trade closes the stock on the ask side. Pathetic.
If you insist on painting the tape use a roller!
BVTK has value as a good speculation.
Speculate wisely my friends!
Surf, I completely agree with you. There will be a R/S eventually once any toxic finance dilution is complete. It is MATHEMATICALLY IMPOSSIBLE for BVTK to reach $4.00/share to achieve a NASDAQ listing which ultimately is more valuable than continuing to trade in penny fractions.
All the cheerleaders (I call them misleaders) who insist Tom's comments about not needing a R/S at one time will be forever. This is both dangerous and naïve and certainly not worth betting on.
Any CEO who would permanently handcuff himself and the company from a necessary action is both negligent and foolish. Tom is neither IMO.
Using IHUB to continue re-posting constantly does not change these facts. A shareholder wipeout is not inevitable but a strategic series of corporate moves combined with supportive capital, sales, news and good professional IR can and often does help make a positive emerge.
Speculate wisely my friend.
Whenever a CEO states something like "no need for a reverse split" that is a comment for that near term time frame only.
No one is foolish enough (I hope) to believe this is a forever- come hell or high water statement.
Any CEO who voluntarily handcuffs himself or the company from taking a needed company action FOREVER is foolish and should be terminated by the BOD.
Please recognize how it is MATHENATUCALLY IMPOSSIBLE to achieve #4.00 /share with our current bloated O/S share structure to list on Nasdaq.
Ultimately that is more valuable to BVTK than maintaining penny status forever. IMO[
BVTK shareholders are not benefiting from regurgitated , duplicative and overly rosy scenarios painted by some with hundreds of posts. If anything, it makes me question whether this stock is being too aggressively touted by some. I have done my homework, like management, industry and potential--therefore willing to prudently speculate on the price rising and the company succeeding.
I will NOT cheer sub penny movements up or down because it is just noise and only the MMs are scalping the spread.
It is too easy to get caught up in the price prognostications of others and commit too heavily. Speculate not gamble. One shot to wealth is always a dicey proposition IMO Also if you don't like this stock ...move on we don't care what you think. We own, you don't, -.piss off.
The share structure is nuts and ANY professional analysis of an earnings statement, balance sheet P/E ratio, multiple of price X sales on an acquisition when applied will NOT justify some of the fantasy prices the cheerleaders doing cartwheels are claiming.
GLTA Speculate wisely my friend!
I give you folks a lot of credit...you have now posted 50,000 times on a stock trading at .0014 hundreds of millions of shares where the MMs are consistently making an 8-10% spread and somehow not understanding this will continue without a significant reverse split combined with current financials, new contract sales/news and new capital to support higher prices and potential Nasdaq listing.
Sir, I wish you well. Please re-read your post . If almost all trade at 5x10 earnings ??? and almost none have earnings??? and you believe BVTK has .005 with no financials to prove that , you seem awfully certain in your statements. With your understanding of market math, I would by a lottery ticket. Just saying.
We will have to disagree. Book value is part of a balance sheet (Assets - liabilities) and a b/v of a penny still limits for example an uplisting to a higher exchange where I believe this company's future lies.
Also it has nothing to do with sales and earnings which are part of a co's INCOME STATEMENT not BALANCE SHEET.
You also need to compare this stock and it's valuation to its peers...We are not a biotech trading on future hype...we are a software company in the cyber security space. The market will determine ultimate value of our shares not some magical thinking.
All I'm saying to the cheerleaders is do not blind yourselves and others to market reality in the hope of dragging others in.
Bet with your head and not over it.
I for one will continue to add prudently as speculative funds allow.
GLTA
Of course there will ultimately be a reverse split. There is no OTC listed company trading in dimes or dollars with BILLIONS of shares outstanding. No credible company positioning itself for the big leagues can credibly present a share structure like ours.
While it does take a gambler's effort to play in the "pinks" the fundamental laws of investing and value still apply. No hype, prs, rumors or chat boards beat sales and earnings.
How much in EARNINGS does a company with 5.1 billion shares out need to show a penny in earnings? Answer: $51 million which as a Net number after tax and expense means +/- $150 million in REVENUES. To show a nickel?? You get the idea.
The ones making money here are the MMs grabbing 9-10% spreads, and the convertible note holders who in their haste to profit have driven the stock into the ground.
When BVTK becomes fully reporting again, sales are in hand and company strategy and capital needs dictate ...count on a R/S. IMO
Are you saying a procurement officer is not concerned with the financial viability of a potential supplier as evidenced by current financials?
Seems like they would do minimal due diligence. No?
You get paid if you tender your shares.
HBO's Game of Thrones requires "double authentication" (two factor) of emails and attachments with scripts to prevent leaks of show details.
After checking the website it seems BVTK's MAP partner Enterprise Sentinel.
Unless I'm mistaken this opens a whole new industry and application for our products.
GO BVTK
Would you like to offer a financing alternative?
The sad reality is capital is rarely available for pinks on reasonable terms from honorable people.
I agree.
This is an accumulation stock to await corporate developments.
Let those looking for cheap thrills , momo trading and flipping enjoy themselves.
This dog will hunt and I for one expect to be with the hunters!
Burned too many times with flipping and huge overhangs. Buy it --look at it rarely and maintain your paycheck for rent not speculation. IMO
On the other hand tax refunds could be efficiently deployed in some prudent speculation. Again IMO
GLTA
That Court is notoriously slow; a biG money settlement is more likely
I'm much more intrigued by the increasing share price and volume since the selling climax a couple of weeks ago. L2 shows much less overhang and round numbers than previously. That combined with their new mining property makes this co. much more valuable than 2 cents.- a DIME MAYBE, IF NOT MORE. imo
Absolutely involved. Continue to accumulate size on dips. This stock is both a sound SPECULATION, but also a lottery ticket on a growth spurt. I think the recent announcement of a 2nd property being staked is great news and now like any junior mining company, they need to prove up the contained gold requiring partnering (for mining finance dollars) with a bigger partner. Time will tell but I'm willing to bet long term on this one. Good luck.
What is truly sad about this pump is the increasingly desperate tone of Statler's emails claiming 50 cents 75 cent $1 land coming soon. Shorts(of which I'm doubtful exist-other than the market-maker short exemption), CANNOT be responsible for the selling.
Please check Statler's disclaimer someone compensated "Laluna" $5.1 MILLION to promote this stock-mailing, email etc -Statler is just part of the food chain.
Facts:
Company has no revenue
Company has many years of accumulated deficit
Company CEO (pay package includes 18 million shares) puts out a CYA pr declaiming any knowledge of of responsibility for market action or Laluna-
This stock is not going to the moon (La luna) but based on the promotional activity may well get halted for an SEC or FINRA investigation. Rea the public filings @ www.sec.gov to verify the above facts.
The operative word in your post is "playing" Please remember "It's not what you make, but rather what you keep" and "You can never go broke taking profits".
Sure it feels good in the middle of the pump, but guaranteed the dump will hurt and fundamentals here say BEWARE.
Bet with your head, not over it--this is a speculation not an investment. IMHO
BUYER BEWARE! ECRY looks like it is the middle of a classic "pump & dump". If you read the disclaimer on Statler's email blasts (I got several also), you will see that "unaffiliated" shareholder "Laluna" has a $5.1 million dollar promotion budget. If you combine that with a close reading of the company's 10K & Qs ( available at www.sec.gov ) you will quickly see ---they have NO REVENUE although the appear to have recently signed a contract for $25,000 for software and $25,000 in annual maintenance.
While getting euphoric because some self styled stock guru addresses you as "kids" and touts his previous big gainers stop and think how well you could promote a penny stock with a $5 million dollar war chest...just saying...
Good luck to all who are betting on ECRY--maybe a great product in an exciting space, but red flags everywhere.
How sad. "Let's push this to a penny"
This says it all. I look in here every once in a while hoping some realization of exactly how the magical thinking by some bagholders in WLAN may have changed. No such luck-many still believe the incompetent shyster Peabody and his poor dupe Victor will make them rich if only the next PR is BIG NEWS.
Lesson 1 You can't beat fundamentals and this company has none. I sincerely wish that no one bet the milk money on this POS, but sadly remember when people were waiting for their paycheck in order to buy more.
Good luck with that strategy.
The really sad thing about crap stocks like WLAN is that it detracts from all the decent companies listed over the counter and lumps them all together in people's minds as "penny stock scams."
BUYER BEWARE
The public filings at www.otcmarkets.com tell me enough of solid story that I have slowly accumulated 5000+ shares and intend to add more on pullbacks. The 2 quarters of reported revenues look like they are going higher and are in the $millions. There are NO shares outstanding to speak of and confirmed with transfer agent. So you can wait around or you can act. GLTA
Anybody notice that SBDG has traded over 50,000 shares since mid August?
Clearly with the low float , small O/S and now 2 quarters of significant revenue people other than me are taking notice. I wouldn't be surprised if we see major moves in company activity and increased revenues/profits. GLTA
It is not shocking at all that John Folgers's passing was the death knell for this collection of misfits. Between Freifeld & Peabody and the various promises both made on either price, performance, funding etc. John's merger structure which included a spinoff public company to be used as a dividend and a vehicle for both removing accumulated liabilities and the acquisition of a new business was the truly viable way to make original ACYD shareholders whole.
This is no longer the case. This is now a "busted" deal with a ridiculous cap structure whose only hope as a viable stock includes a reverse split , a financing and some serious sales as well as competent management. Doubtful it will occur. IMO
Not all of us. I can thankfully say this was a 6 figure score for me. The trick was money management and the recognition that the management was incompetent. I am genuinely sorry that those who didn't take their original stake off the table, diversify and be skeptical in the face of facts presented chose to ride this POS into the ground.
What has never been fully appreciated in any analysis of WLAN I have seen is this: John Folger arranged a BRILLIANT merger solution for his shareholders. The ACYD business plan had failed-it doesn't matter why. The shareholders were wiped out. JF negotiated with a group led by a lawyer and kept his shareholders a 25% ownership stake!!! Peabody that legal genius made a foolish deal requiring their group to get issued 1.9 BILLION shares to make the math work. John negotiated a merger agreement that outlined a series of investor protections included the requirement of an S 1 registration for a spin off of The New Renaissance Group as a dividend to shareholders and thereby the creation of a NEW public company with the possibility of a 2nd business as part of his original shareholders recovery.
Meanwhile genius Peabody who seems not to believe in fundamentals but rather technology hype- had approximately 300-400 K invested in the company having bailed Victor out of prior note obligations in the private company about the same amount of money PLEDGED but dribbled in by the third party(partner) now listed as business advisor. Freifeld and Peabody made whatever deal to promote the shares and the rest as they say is history.
What is clear is this is what is called in the business a "busted" stock and given the share structure, abysmal management, lack of significant sales heavy competition and lack of capital it is hard to see how these can be overcome.
WLAN has several problems. The current one about WiFidelity is a case in point. Of course it's self dealing and in any event as Peabody already "gifted" 95 million shares apiece to his sidekicks Robert Buck & Sean - presumably to act as sales agents for him, they are not "affiliates" and therefore not subject to ANY sale restrictions in a few weeks.
The only way to fix this "busted" stock is a very stiff reverse split, new capital, competent management and SALES. IMO