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This a penny stock just breaking out from the development stage to finally getting some contracts. But has to date no reported revenue and earnings obviously. To get to the next stage of investors, Quture will will have to be in the revenue growth stage. The CEO can say a lot things but a report of 10Q/K revenue rings the starting bell for the most part.....We are very close to seeing that ....it is a 2012 event.
I believe you are correct .....It does look like progress is being made on the Health Exchange ....
The health exchange is the first exchange to be put together by Robert Kohn under the FTZ Exchange I believe.....Either way,,, everything BOPO does goes to Quture's bottom line also as 50% of BOPO is owned by Quture .....I would expect the relationship with Intersystems will eventually feed their customer base into the Health Exchange.
BTW ....Fong taking the stock down below .01 was not all bad. I picked up a lot more stock for a lot less money than I otherwise would have.
Fong was absolutely the CEO and holder of the many shares of the shell company(He having nothing to do with Quture). He was the selling force that took the stock down from the .03+ area. He was taken out finally by some large buyers of Quture ......The stock symbol will change soon.
As for todays release ....This is the beginnings of the
Health Exchange. The 50% onership in BOPO by Quture will be a big contributor to Qutures earnings .... stay tuned.
The Numbers for this Quarter,,,,which is Q4 for this company.
6M for Q4 which is more than all 4 Q's of last year. And with a profit ,,,which has not happened in many many years.
“We are certain, however, that Bulova Technologies’ 2012 contract with the U.S. Government to supply weapons produced by Rosoboronexport is unaffected, and the weapons are on schedule to be delivered on or before September 30, 2012, completing the fourth quarter for Bulova Technologies Group, Inc. with sales in excess of $6MM and a profitable quarter"
The one and only item that drives stock prices and Keeps price up is Revenue and Earnings.....From the last PR from Bulova we now know revenues are poised for a Huge rise from the past AND with a Profitable EPS to go along with it.
How many penny stocks can say that? .....Almost none of them....
One item that is very important to add here is the partnership with Intersystems. This tightly coupled access to the Intersystem database with the Quture QualOptima software makes this all possible where any competitive software has nothing to work with from Intersystems....IMO....It is only a matter of time before QualOptima propagates well into the Intersytems customer list. What's in it for Intersystems? ...Quture gives the 20% of hospitals out there who are not Intersystem customers a reason to go to the Intersystems platform.
Agree .... .0065 was just too cheap ,,,,I added
Take...,FWIW, I'm told there will be no calling activity until there is news .....I take that to mean 'Numbers' news.
OTC/BB's do typically hire promo company companies as this likely is ...but the effect is the same ....Hitting the phones with the news,,, with their long list of potential stock buyers. I've talked with Craig Smith ....You will not see him calling anybody. The company, FVRG, with put together their own PR's and timing the release but do little else. They need those promo companies.
In that case I was called by a nonexistent company ....
Paying for some promotion ....
I believe that is happening very soon ....I am hearing from an IR form now re FVRG ....They are saying when the Co. News comes out it will go out to their thousands of small/micro cap investors
BTW ......Insiders are locked up with their stock. They can only sell 1% per quarter if they do sell. What this really means is the only way the insiders get their stock value is to sell the company once it's worth something(a lot more) to a much larger company in the health/hospital business services area. The exec's running this company quite mature shall we say. Obviously they expect the business to ramp up quickly ...meaning over the next couple years at most.
Somebody wants to instigate more selling possibly by creating a bad trading pattern.....Basically allowing for buying up some very cheap shares. There is no bad news re Quture. I will add stock at these much lower prices .....
Hummmm ....All the dumping done at 04:00 ...hitting the bid.
Somw Q and A from the Shareholder Meeting
http://www.bulovatechgroup.com/shareholder-meeting-faqs.php
Satelliteguy......
I emailed Carnahan back and forth a few times ....It looked to me like he has no concern whatsoever for stockholders.
I held a big position and sold nearly all my shares after that.
Keep in mind ...........Cyios hasn't gotten a new contract in years ...No new business in years......Also 'Cypro' has been a finished product for years and has No customers to date....Also try and get anything/info from Tim Carnahan the CEO....Maybe you can fire up some buying here but anything good coming from the company may take some time.
Quture will need more hospital contracts. Enough to allow for a revenue projection....A profit projection would be a thing of beauty....IMO, that would push the stock price to numbers in double digits. A resulting 10Q report puts Quture on the map with investors having lots of money to invest ....Stay for the ride. Nothing is guaranteed in markets but this is not a bad place to be.
Big.....My guess as to why no numbers were put into that press release was competition ....No company wants to let everyone they compete with know their pricing on contract wins...Here we have one hospital buying the product....Too easy for competitors. Also big here is New customers.....They likely will not get as good a deal as Spring Hill....You don't want your new customers comparing contract pricing between each other. Quture should only release aggregate numbers of multiple customers and guidance for Quarters and the Year.
The Spring Hill news item did not include the revenue coming into the company. Given that, little has changed and everyone who knows this stock has already loaded the boat. It's great news for us for sure as we closely monitor the progress. But bringing in the next level of investors,,, those who need to see the revenue numbers in a penny stock,,, will come in then ....when a PR has a picture of the dollars per hospital,etc. IMO, when the stock then runs will attract another level of BB buyer. Lastly I believe Quture will have a very large margin business... meaning with early revenues will come a profitable bottom line...Quture does not have a large cost structure to drain cash ...All the heavy work has been done developing the software products ....and marketing into the Intersystems customer base with that company as your partner makes this a near done deal. You will just have to have the patience to let it happen. With small stocks revenue and profits drive stock prices not words or projections and future rosey stories ...Keep the faith ..........Ret..
Next Monday, Jul 9th News
Bulova Technologies Group, Inc. Shareholders Update
Press Release: Bulova Technologies Group, Inc. – Tue, Jul 3, 2012 1:05 PM EDTShare0EmailPrintCompanies:Bulova Technologies Group, Inc.RELATED QUOTESSymbol Price Change
BLVT 0.0008 -0.0002
CLEARWATER, Fla.--(BUSINESS WIRE)--
Bulova Technologies Group, Inc. (BLVT) (the “Company”) today provided updated information for its shareholders.
The Company announced today that the shareholder informational meeting scheduled for 10:00 a.m. Monday, July 9, 2012 will be held at the Company’s new headquarters building located at 2409 N. Falkenburg Road, Tampa, Florida 33619. The meeting will take place from 10:00 a.m. until 11:00 a.m. All information discussed will be made available on the Company’s website before the close of business.
Thw whiners may have no interest ....
I'm told there are a string of PR's coming ....Gotta be some pretty good news this month sometime.
There is no 'Bulovatech Labs' ....That business was sold long ago......Writing Fiction ..........
Just too cheap here ...I picked up that last 10K traded...K
This company's stock is waiting on news of any hospital deal...Stock has been trading on it's technology and potential to date ....It's a waiting game now ....Any revenue is huge as this is not a high expense generating company.
Re the court ....the judge pretty much requires a gag order on the case. In where this trial can go or any potential settlement talks, there is no good to come from management releasing their opinions. As for the card business,,, it would be great if a stockholder update would come out.
I've been in this stock since 09 .....The CEO is the problem IMO ...He's a good enough technician ....But Not CEO material..He hasn't added to the business in those three years ...Look back for the last contract win.....You have to go back three years. I recently communicated with him and was not encouraged ....I sold nearly all my stock and put the proceeds into another...
As I said before....Welcome to the penny stock world...Some do well but most do not. Re Bulova,,,all the poor numbers have been in every 10Q/K. Bulova can still make if the financing is there to turn over the contracts. In fact if Bulova can actually make money they could buy up most of the stock over time and retire it given the price below 1/10 of a cent .....if it stayed there.But more likely a RS will occur.
All the facts are in black and white ...The OS, All the stock issued to very many parties, No earnings, negative cash flow, flat revenue ...........Read the 10K ....nothing deceptive. Welcome to the Penny stock world ....If you buy, you are placing a bet on future growth ,,,that's all.....Time to grow up 'stockitout'
The recent selling here the last few days came from a stock for cash transaction by the company ....I'm told it was 6M shares which are now gone ....Large selling should now be done.
When services, etc are paid for in stock ...for years now,, Those receiving the shares are not investors. They will sell their stock everytime buyers come in on news.....capping any positive move. That's just how it is.....
This situation makes BLVT a very long term investment. IMO Bulova will survive but the stock selling will only stop when the company is cashflow positive.
Where's the selling coming from???? ...When a company is not profitable and has limits on credit availabilty ...You pay for services,etc in stock:....unfortunately,,, hence the selling:
Supplemental schedule of non-cash financing and investing activities:
? October 2011, the Company issued 8,896,394 common shares issued as conversion of debt
? October 2011, the Company issued 500,000 common shares for services
? November 2011, the Company issued 10,268,342 common shares to various individuals
? November 2011, the Company issued 5,352,941 common shares as conversion of debt
? December 2011, the Company issued 12,831,591 common shares as conversion of debt
? December 2011, the Company issued 90,000,000 common shares and authorized the issuance of an additional 60,000,000 shares as conversion of related party debt 50,000,000 of which were issued in the first quarter of 2012
? January 2012, the Company issued 151,500,000 common shares for services
? February 2012 , the Company issued 750,000 common shares for services
? February 2012, the Company issued 95,000,000 common shares in association with new debt
? February 2012, the Company issued 2,400,000 common shares as conversion of debt
? March 2012, the Company issued 3,142,857 common shares as conversion of debt
Most stock nowadays is held in street name in online accounts ....It's hard tell know exact numbers.
I know what you mean ....I added another 150K myself @ .01 today and no move on the price...
The ownership is really in the BOPO assets ...Robert Kohn's career has been as an expert in building 'Exchanges' ..Building a hugely successful energy exchange called Ntrade, stock price from .09 to $54 in 2-3 years(Now owned by Exelon) ...Kohn gave TCLN/Quture 50% share of his QX Health Exchange for stock in TCLN.(25M shares I believe))
How many TCLN stockholders know that the company has that big ownership in BOPO???? ......Likely very few ....
Constellation cannot sell their stock period. You clearly are confused on how this works ....If you're a panicky stock holder maybe you should sell and move on.