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BVTK, on this board, has become much healthier. There is far less attendance so that means a lot of folks who were likely wayward investors (here today, gone tomorrow), are gone. The flippers will never leave.
And the language about BVTK is much more normal than ever before. There are those who still take the extreme approach - millionaires made here - and then others who are tempered in their statements. And of course on the flip side we have the extreme as well - 'nothing but a scam' etc. etc. - and than those who got in at the wrong time and are going or gone.
In short, much better to read. One feels as if they are in normal land vs. Oz, where Tom is the Wizard. Go BVTK!!!
I wonder if it is next to impossible to secure computer data. It seems, presently, that attempting to do so (has an absolute fire wall) is fruitless. While I am a neophyte in this area, however an investor in BVTK, it appears that the cyber war will go on forever and like a real war, will eventually continue down a 'nuclear road' where everything will just explode. Thoughts?
The real question is: can any company, including BVTK, guarantee a full defense against a cyber-attack?
good response
This feels so much like an aggressive startup and I believe should be seen as such,
Barring the company debt. I wonder why Tom didn't enact this business under the banner of
A new shell. Any thoughts? Why would he use bvtk as his company to move forward ? Wasn't
There there too much baggage?
Expect a humble PR, in other words similar to the one we got last time having to do with a $75,000 contract. I say this for two reasons:
1. It seems that Tom is digging BVTK out of a half decade hole and as he does he is doing what is wise: bringing on smaller business until BVTK is ready for the larger stuff. I know everyone, including me wants to poop their pants, but experience should tell us BVTK is not there. Remember it's a small operation so far.
2. So we don't get all flustered and disappointed. Expect a moderate PR and you'll be happy. Just for our feelings alone.....
This is not negative or bashing. It is advice that might make many of us feel more comfortable. I think some of the bashing comes from the iconic approach participants on this hub often take to Tom and BVTK.
Tom is an awfully good pitcher but nobody can throw a ball the way some believe he can. He's a man!
If I"m wrong, and the PR rocks, that would be great!!!! Go BVTK Go!!!
BVTK might be a little bit of both!
What I mean is: TenKay and others are regularly reminding the board that BVTK is a company run out of a home, with 1 full time staff and lots of bad history. This is all true and should be considered in one's investment. Ask yourself, would you have invested in Apple knowing similar things about the company? Maybe, but maybe not.
Than, there is the other school of thought that is excited about who Tom is (as an example an author of 24 books, and clearly in a lot of pictures with important men/women). They regularly, and positively, piece together tweets and communications from the man himself. Could they be right. Yes, or at least partially.
Is it not sensible to say that here is a man - Tom - who knows his way around government and the private sector having to do with cyber-stuff, who has inherited a mess and perhaps added to it as well, who is now working arduously, through his vast knowledge and vast connections, to create a hub or a consultation company, that could sign all kinds of deals, maybe even large figure ones? Is it not possible that this 'great' CEO has f____ed up in the past and is working to pull things around now? Yes.
A crane shot of this board might lend someone to believe BVTK is either a scam or the biggest money maker ever. Maybe, just maybe, it's somewhere in the middle and for an investor to be honest and open-eyed, he/she would do well to see all sides, weigh the good with the bad, and the negative with the positive and recognize: this is a pinkee; there is a stop sign; Tom seems to follow through on his tweets, a couple of smaller deals have been signed.....in short, there is potential for making money, and like any investment, for crapping out?
Why not? Buy your shares and wait. Or bale and invest in something you feel good about. Maybe BVTK is all of this?
I for one want to believe in BVTK's potential, and Tom's greatness. I'm never quite however if I"m allowing my brain to do what it does -- convincing myself of stuff I need to believe in, or weighing all sides out and arriving at a reasonable conclusion. If this goes up, great. I've made some money. If it craps out. Damn! I gave it a shot, a decent one.
The ride is a good one, and exciting! And from a kid's perspective, i can't wait to see which way the train goes. Much luck!!!
Starstocks, if that is the case, that Tom is hurring b/c big deals are about to get released, then why has that information not been filed?
There seems to be 2 divergent opinions on BVTK.
model 1 Those who are pretty much convinced this is a new day, and big deal are a'comin, which means big revenue, no RS, and lots of profit.
model 2 Then there is the exact opposite opinion: nothing has changed at BVTK and an RS is the only way to make this stock survive. Dilution, dilution, dilution is the other thing this school of thought believes is happening, again, just like the old days.
What is the tipping point for you, or for anyone. Why model 1 over model 2, or visa versa. why do you feel that big deal are coming?
BVTK: I asked this hub, why did Tom allow the fins to lag. Here are 2 divergent answers, paraphrased, which I received. Your thoughts:
1. It was wise of Tom b/c the company was such a mess when he took over, getting current would have been 'a waist of money'. 2 or so years later things have changed and 'deals are coming together'.
This person feels 'it's all part of the plan' and Tom is a trustful person.
2. Person 2 feels: Tom has destroyed BVTK, formerly ECRY, which put out similar messaging in 2014 such as: ' "Ecrypt being sold....etc. etc. "
This school of thought continued that Tom relied heavily on toxic death spiral financing and all the promises 'did not materialize'. In short revenue never 'outpaced the debt. The stock was diluted a lot, so much so that 'two reverse splits were needed to get the stock to be liquid enough for the remaining notes to convert.'
He continues that Tom did not inherit a mess, but instead created one and what's happening now looks 'eerily' what happened with ECRY.
He adds that it's a bad sign and does not look good on Tom that he could not secure traditional financing.
Finally, this school of thoughts adds: so many participants on this hub believe a big deal is about to happen, but if so 'it would have to be in the filings' He states: "If he could secure massive revenue and cancel out the toxic notes before going current, why would't he do that? Obviously, he doesn't have the money to do that.
He said, "I'd be terrified of this company going current. They are absolutely buried in debt. Note holders don't care about the share price. They can convert immediately once the company goes current, killing the share price, there WILL be heavy dilution. The question is... will there be some massive development at that point that creates enough buying pressure to offset it"
Which point of view do you believe? This really speaks to your position re. BVTK. Is Tom about ready to knock one or more deals out of the field, or is this the same old, same old and we should look forward to getting wiped out like previous investors? Important!!!
Fins: not clear. Why did BVTK fall so far behind with financials? Wasn't Tom at the helm as they did? Also, what prompted him to clean up the mess?
Any thoughts?
DId a 10k come out this week?
Aren't there 3 Fina to go? One was due in August 15th. I'm out of town
So might have missed one.
I'm amazed at how things work here. But not entirely surprised. Tom was an idol of many on this hub not a week or two ago. Now he is being castigated in all ways, but loose. I'm happy that's the case though. Why? Because its creating a healthier environment here, more real. WE went from idol-worship to tar and feathering, and the next step is more centre whereby Tom will likely be seen as he should - a human being working days toward building a company. Simple.
Much healthier.
The 4 turnaround were, i believe, conjured up through the rumor mill. If you look back on posts there wasn't, from what I can gather, any evidence to that affect.
But if you accept that, and embrace Tom's overall resume, an investor might be very bullish about BVTK and Tom's potential and history. I think this rumor speaks poorly of many people supposedly doing DD, not Tom.
This is where I am at, as i have no evidence of 4 turnarounds, but there is lots of other juicy stuff when it comes to Tom's work....so, go BVTK go!!!
I think if an individual has a stellar reputation and has been or is seen as a consultant
They could operate out of their house. I believe Tom is setting up a hub of a business
And is the central networker. He could conceivably work off of a message centre for
Now as partnerships are implemented however down the road that'll have to change to facilitate the minutea involved In actualizing major deals.
you see - that is a good point (re. $100 million deals, and companies using message centres). I look at that and wonder, what's up!?
I think though that if you are completely enamored by BVTK you will not question it, or anything it does.
And even though I question 'what's up' that doesn't torpedo my belief in BVTK. TenKay could be missing something very significant - such as that Tom is dealing with resources he has at his finger tips right now for the future. It is possible b/c of Tom's cache in the business/gov't world, it's okay for him to use a message centre where as others couldn't.
my point is: don't get scared because quesitons are being asked and cracks are showing. That is life. That is the stock market. That is Otc. That is pinkees. I still am hoping we go to the moon and look forward to that possibility.
Go bvtK go!!!!
Appreciate your thoughts. They are helpful in terms of my own position in BVTK and my thoughts about the man and the company.
Fearnandgreed are you okay if there aren't those 4 companies people have been talking about? I mean, absolutely okay? do you bring that down to rumors, unsubstantiated?
Up until now I thought if Tom has not been involved in taking four companies to the moon, then that casts a shadow on BVTK and his work here. But maybe it doesn't. But then the question is, how much should we believe DD on this or any other hub?
You know, the level of idolatry on this board re. Tom and BVTK is not healthy. Nobody is as iconic as Tom and BVTK still needs to prove itself. So, while I think TenKay can be coy from time to time, he does balance out the analysis happening here and seems to have a pretty strong understanding of the world of stocks and public companies.
I drank the kool-aid about BVTK since i learned about it and always felt that there was something about the information provided here that was just too perfect. I grew up believing that 'if it sounds too good, it is'.
I own millions of shares in BVTK and am not selling, but i want to make sure my eyes are wide open and guys like TenKay help to ensure that is the case. His information scared me initially b/c it burst my bubble of perfection, but now that it's burst i feel much better in terms of my approach to investing in this stock. I am more vigilant.
the number of shares i have or you have is not the issue. I simply stated that I have a major investment, to make the point that i'm not here as a basher, but simply an investor who wants to know as many facts as possible about BVTK and Tom as i can garner.
Again - i was stressing that I am have committed myself to this company and continually grow through knowledge.
I can safely say right now that Tom has not taken four companies to a sale of billion or thereabouts, however that does not torpedo my belief in his abilities or the potential of BVTK.
It does, however, make me understand these hubs moreso. Rumors can be rampid and potentially dangerous if not substantiated. thanks
\
thank you. I am speaking softly too. Fearandgreed, are you okay with the claim that Tom built 4 businesses to billions, is not substantiated then?
It could be that, was simply a rumor and gained it's own life. I understand that. It's just important that as we analyize this company and Tom such a claim is put to bed either way. Ifs it's true, great. Move on. If it's not, well as someone else said - I'll build my case in other ways. thank you.
Whether you have more shares or not, is really not the point. There has been a thread on this board for a while stating that Tom has taken four weak businesses to a substantial sale.
I'd say that is a substantial claim which speaks to Tom's business past. If you don't have evidence that way, or don't require that claim to be substantiated, okay.
Thanks.
Euro6, i have millions of shares in BVTK. I just have never gotten a good answer on this other than from TenKay who has provided evidence that Tom has not taken 4 companies to a billion dollar sale. I want the evidence to be otherwise that is why i'm asking.
Do you have any evidence that way?
Tom's 4 previous companies. I appreciate Tom's a good man, with a long and honorable resume but I'm asking specifically about the 4 companies I've heard a lot about - one's he turned around. I'd like to do some DD on them.
So if anyone has information on them, not his resume otherwise, please post. It's important that we understand the man's background as he is managing a lot of our funds. Thanks.
TenKay do you have any evidence of Tom's previous work (building companies and selling them)?
Question: Tom's previous business ventures.
Could someone provide evidence that Tom built up 4 other companies and sold them for a substantial amount. This discussion has occurred before but to know ends. There was never any evidence that way, that i saw.
I know Newport was sold for $900 million, but not sure Tom was at the helm at the time.
Please provide evidence that Tom has built and sold 4 companies, and made share holders wealthy. This would help me and others. Thanks.
Tom is very bright. He has the ability to create a puzzle of sorts with all the pieces filled in, or getting there.
I liked this week. It was a bit tough but overall insightful. I like bvtk. Holding.
I'm sitting outside in a camp ground in southern Ontario. It's reallly chillly so I must mean it. Go bvtk go.
was there a recent pr from CB? I read about it but didn't see it.
All eyes on Tom....hyper focus.
IMO, thats a good thing because previously Tom was being talked about as a savior by many, almost an icon. So now the criticism is flowing in and ultimately what we investors will find is a more balanced view of Tom and BVTK. The only thing that bugs me is how some people criticize. There are those who simply feel it's okay to malign and castigate this man, as if he is a con-artist and BVTK is a sting. They have no qualms about calling him names. This saddens me seeing how human behavior devolves when it comes to money, or anything for that matter.
AS the pendulum swings, as we get a more realistic spin on BVTK and Tom, it would be great if this hub maintained a sense of decorum and decency. What i really hope is that Tom takes this to the moon and makes those creeps f______ millionaires. It'll serve them right :)
If Tom was a captain of a merchant ship, and this board was his crew, he would first be admired and celebrated throughout the nation, then made to walk the plank. Later it would be found out, that those who pushed him off the board into the ocean, were disgruntled ship-hands who felt they could run the ship better. While Tom drown in the swirling waters below land would be sited, and riches would be uncovered in the island's caves. Those ship-hands apologized later for having bad tempers saying, 'yes its a problem at home too with the lady old lady and my 9 boys', and then they slung gold chains around their own necks.
From this board, or many of us, thank you Tom for:
1. Working arduously to enhance BVTK so that it is a world-class company
and stock
2. Working toward making us wealthy so that we can enjoy life's booty and
be able to help others
3. For using your own wealth as collateral
4. For making this ride fun, interesting, compelling and worthwhile
5. Being different than other CEO's on pinkees
Go BVTK Go!!!
the BVTK response to the release of 3rd quarter 2016 was expected. A group is absolutely fine with any of its numbers, say 1/3 of all board members; 1/3 are critical and asking questions, most reasonable, say another 1/3; and the last batch want to sue Tom, vilify him and are accusing him of spending way to much money on his trips, even though there is no evidence that way, and that Tom has used his own shares as collateral to get this company up and going again. Human nature! Hmph. So predictable.
i learned a long time ago, that accusing someone of a crime does not mean the person committed a crime. Read up on this case. It's not black and white.
Look, i'm not saying that OWCP is pristine, without blemish. I agree with the fellow on the video, it's pretty clear OWCP was overpriced. That is all possible. I, for one, got in very early, made a ton of cash on paper, and then of course, gave much of it (not all of it) back.
I like the way OWCP feels knowing what I know. I have a stomach ache from the topsy -turvy ride, but am going to stay with it. OTC is the wild-west. MJ products are the modern day equivalent of the gold-rush, and I'm a bit of a swashbuckler.
Hopefully, it works out for all of us. And most importantly, I've followed Warren B's advice - I've diversified, so the rotten fruit, should there be any, will be sharing a bowl with some fresh, glistening fruit.
Mario - because it is Israeli does not make it legit, or a scam. True.
Lots and lots of dishonest, unethical business dealings have emanated from Israel since its inception, and of course eons of fine business practices have been undertaken over the decades to make Israel the most robust start-up nation in the world (at one point all of its start-ups equaled those of the entire EU).
That being said, when one does their DD they determine through their intellect and gut whether a company/stock is on the up and up. You have done sound DD and determined it is a scam, whether known to management or not. I have done some DD, much of it from you, and determined it is worthwhile staying with (scam or not).
The added bonus I have is my history with the State of Israel, having worked with Israelis, and understanding their culture, likely better than most on this board. And my sense is, a very strong one, is we are dealing with honesty folk, in a dramatic land (i.e. exaggeration plays a huge role), who are hoping as we are that their MJ products actually works.
I'm willing to wait and find out. I was looking for a company like OWCP, found it and dove in to the deep end. Not about to surface yet.
point well taken, but the management is currently taking home pittance; they are putting in a sh__ load of time (per their own statements), for a fraction of what a consultant would get paid; Israel started doing MJ research in 1964, so this stuff has been simmering on the boiler for six decades. A scam, unknown even to them? Could be, but not very likely mariosmack.
ha, when blood is in the street, it's a good time to buy!!!
Does BVTK have any cracks, or could it? Human nature is such that we look for the problems, the challenges, the potential for a blow-up. How many times have i seen on this board the statement: 'this is just too good to be true'? Lots.
So my question is: what is one thing that could go drastically wrong with our beloved BVTK. I have a couple:
1. God forbid, Tom gets sick or worse; (be healthy brother)
2. His reputation is sullied somehow;
3. Peace comes to the world. :)
your thoughts? Go BVTK go!!!! Can't wait for those fins.
no question, things have changed but the starting point was much different than your's. Do some DD on this, everyone should, to fully understand what it means to invest in Israel. I lived there and no the system and people and that's why i'm not near as frustrated as those who have not. Your choice. Good luck!!!!
Torez read my post on Israelis and marketing. IN order to a be a full understanding investor in this stock, you need to get Israeli mentality of sharing of ideas. It's crucial and once you do, you're expectations will adjust.
Is OWCP sharing enough information? not according to our standards in North America, no?! They are guarded about ideas, really guarded and for good reason. They are not however scamming us. These are reputable professionals who would not undermine their own position in the academic/medical/business world for pittance. REad up on Israel startups to have a full understanding of what you own.
Go OWCP. Love this stock. It's a fascinating journey to be part of.
OWCP management is not more communicative because they are Israel-based and Israeli do not have a full understanding of marketing, in this case ideas and communications. Read the article below in a quasi-accurate newspaper. They nailed it and if you want to truly understand this company visa a vi you as an investor in it, appreciate where OWCP management is at with the sharing of information. Believe it or not, Israel is much better than it's ever been, in general, re. marketing and advertising, but they still have a ways to go. Appreciate this concept and you will be a more patient and understanding investor in an awesome stock. And know too, that pushing OWCP management to release information is a good thing, as it helps them grow. Rock on OWCP!!!!!
____________________________________________________________________
http://blogs.timesofisrael.com/israelis-dont-understand-marketing/
"Israelis don’t understand marketing. There are three main reasons why: Impatience, bluntness, and an over-reliance on logic.
Starting in elementary school, Israelis are taught about all of the attempts by neighboring countries to destroy Israel in wars and suicide bombings and, later, about the Holocaust as well. As a result, many develop a subconscious attitude that they could die tomorrow – and then live their lives constantly in a rush as a result."
Nice synopsis mrcarnita. I frequently ask why someone like you who is so positive about BVTK would take time to answer someone so negative. Then i realize, i do the same thing, and in the same form as you - points that clarify my own thinking.
So that it is. By writing the piece you just not only managed to answer the negative guy but you clarified your own position and many other's too. Thank you. Go BVTK go!!! Tom, Tom.....you rock!!!
excellent. which movie did he take his wife to?