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I think you need to recheck your sources then.
Ah, I don't do twitter, sorry.
My sources are indicating a 100:1 or 1000:1 RS, to be announced tomorrow.
Which other companies do you like right now? No point keeping it secret!
You are assuming these are *annual* revenues, which is false.
Right, so the number to throw around is much smaller than 1.5-2 billion. Let's try to be accurate.
The deal in question doesn't give BVTK $1.5 - $2B of revenue - a bunch of people here need to practice their reading skills.
It all depends on whether the revenue comes before or after the R/S.
Why would anyone buy at 0.0002 when they can buy at 0.0001?
No, big investment money doesn't change facts about arithmetic.
Not that there is any big investment money floating around here ... this trades less than $50,000 a day.
Tom actually indicated that the deal would be coming out early next year, not this week.
What kind of price is it reasonable to expect in the long term then?
Sorry, but no amount of words or big walls of text can undo bad arithmetic.
THE FOLLOWING WEEK THREE DOLLARS, END OF YEAR THIRTY DOLLARS.
Yes, I know. Some of the big Samsung execs ended up in prison over the recent scandal with the former president of South Korea ... I suspect we are talking about the same execs here. Hopefully they can contain the mess. Let's hope the rabbit hole is not too deep.
The ones that ended up in prison?
This Tom guy is sounding more amateurish by the minute.
How much else of what he said turns out to be stuff he should not have legally said?
I realize that Tom = God and can do no wrong ... but maybe he is less Godlike than many here like to think. Maybe he's been over-promising a lot more than people here acknowledge.
Ah yes, Tom's mysterious equity investors. Who are they again?
BVTK to buy apple (APPL)!
Anyone who disagrees should post specific evidence of Tom *denying* this. If you can't, you are a permabear and should be banned from this site.
BVTK will be in the mulitdollar range by the end of the year (at *least*). In fact, even current revenues warrant this. I believe in Tom! At least, I believe in Tom more than some of the permabears here who think this can only go to a dime.
Ah yes .. when it goes down, it's always the fault of the MMs. When it goes up, no-one asks any questions of course.
You must be talking about a different board then. All I see here are people saying 'pennies tomorrow! $1 within a month!' etc.
I don't think some people see quite how precarious things are. Even if there are big revenues in the future, the fact is that the company has zero revenues right now, basically no cash, and a ton of debt. Like it or not, dilution is the only way to keep the lights on for now. Unless revenue or funding shows up very soon, an RS is inevitable, regardless of how much Tom might say he doesn't want to do it.
The 8k's show a company with no revenue, a ton of debt, and too many outstanding shares. If you want something future directed, the 8k's are definitely *not* what you want to look at. Instead, you want to focus on tweets and promises. Therein lies the problem. Just being objective here (if that is permitted).
1.25 at some point soon seems very likely. I'd predict even lower. This stock does not have a history of being able to hold on to gains.
I don't see the removal of the stop sign in and of itself bringing people in. To the contrary, it allows convertible note sales, thus introducing downward pressure. I expect there won't be much upward motion this week, but probably some trips to the 0.004's.
If this board is your main source, then you are doomed.
And one of the signs astute people look for is negative sentiment. I'm not seeing much.
I bought at 0.0001, so I'm fine. A dollar is complete fantasy land - this simply isn't a 7.5 billion dollar company.
When absolutely everyone is convinced a stock will go up, it typically will defy expectations and go down. You can bet on it.
A dime is not realistic. Maybe a couple of pennies are.
What evidence do you have that we are going current sooner rather than later? Everything Tom has said indicates that early next year is a much more realistic target.
Current by early next year
Tom has repeatedly said in communication that we'll be current by sometime relatively early next year. Let that be the final word on the matter.
My guess is this week!
I'm not sure *any* of it has come to pass. Can you give a single example?
I'm not sure you understand what a 'fact' is.
How you react to the reality written on the wall is up to you. Your choice affects me in no way whatsoever.
Yes, a R/S is very likely at this point. They owe current shareholders no loyalty in particular.
If by short order you mean early next year, I agree.
That's what everyone said last week, and the week before. Everyone was wrong then, what makes you think they will be right now?
No share buyback is happening right now. The company simply has no cash.