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They get a percentage of any profit from the deal with an unknown Eastern European mining company. So likely zero.
IMO another way to hustle out convert shares.
Another red day. The march to no bid continues.
No bid then a reverse split.
Bid getting sliced through all morning. Going to get ugly soon IMO.
Back to the $.003s IMO. Debt holders going to kill it.
Any pinksheet, otc, or senior listed company that doesn't have up to date audited financials should be halted / delisted. It shouldn't even be a discussion.
IFUS should be halted until audited financials are brought up to date. Its that simple.
I would guess that the "hospital" parent company has less than $10,000 cash in the financials and has done a number of convert deals to pay off prior debt.
Someone needs to put an end to this scheme with a trading halt, investigation, and delisting.
They share the same convertible debt lenders. Interesting...
A good place for some when this goes no bid and does another reverse split. Maybe they will offer a discount for BVTK shareholders.
Looks like multiple convert holders are fighting each other to get out. Could go trip zeros by the end of the week.
$.003s on deck. Heading much lower in the next few weeks. All IMO
These alliances are the same as the old proposed joint ventures. Just a scheme to convert millions of dollars in debt to sell to naive investors who don't know any better.
Terrible close and week. Heading much lower next week imo. Pump is over.
Marching to no bid then a reverse.
No. It's definitely rejected and I will post the document in a little bit. It has a bunch of prior art issues. Bravatek has the opportunity to reply but it's not looking good.
The patent was rejected about 45 days ago at the us patent office. Not good.
The value of the company is the average daily volume for convertible debt holders to sell shares into to lock in 40%+ profit every day. Some of these notes have real crazy terms with $.0005 ceilings after 6 months, easy ten bagger money if they can keep the price here. Gotta wonder who some of those party undisclosed holders are. A friend or relative maybe?
These all end the same, no bid followed by a few reverse splits with a few paid pumps. The SEC eventually catches on and rounds up the small time players for facilitating a pump and dump. The traders move on to the next carcass leaving the gullible holding the bag.
BOL
The future is no bid followed by a reverse split or three. No one wins other than the debt holder in these deals when they are converting debt to stock at a 40% discount locking in profits everyday. Just a matter of when at this point.
Thank you
My search doesn't work. Can you copy paste it? Have a friend deep into it and it looks like a convertible note scam.
BVTK. Anyone look this up and have info? Pumped like crazy on ihub, Facebook and twitter. TIA
Beyond disappointing.
Do you have a case number?
Does anyone have a case number for the NJ lawsuit? I can't seem to find it. TIA.
Can you send me the docket number of the case?
Do you have the case number? Maybe I will attend in person.
Nothing of any importance.
They have my number.
Pay and bonuses should have been frozen until the debt was paid off along with the stock trading closer to its 4 year high. It is absurd what has gone on.
Either would work at this juncture. They need to bring in cash flow from the portfolios whether its one time or recurring (who cares). Get the debt paid off and build a health cash balance to deploy.
It is bizarro world where they have the intake really figured out where the others are struggling. The licensing side now needs to catch up. Acacia had this issue not long ago.
Somehow they have made this very difficult.
Nice to walk into a quarter of a million dollar job. Congrats and hopefully we start selling product here soon.
Thought the call went well. Should have alleviated a lot of concerns.
Now its time for Doug and management to execute on some licensing.
"IFUS does make a nice profit on every application of the secret sauce that is added to bagasse. "
Got a link to that? The company hasn't filed audited financials in SIX years. The CEO's testimony under oath showed they generated under $1,000 in revenue over a two year period.
TIA
FYI:
Better Business Bureau has Supreme Energy rated as out of business. Phone disconnected and mail returned by post office as undeliverable. Yikes.
Link
Can't wait to see the spin on this one.
IMO penny stock scams use facebook and youtube videos to update shareholders.
Real companies file with the SEC audited financials every year, 8Ks on material events, and 10Q quarterly reports in order to provide investors with information.
Why is the company so adverse to putting out detailed audited financials? Why can't they even pay $1,000 to get their license renewed?
These are monster red flags for any real investor. There is no way to spin it otherwise.
Also in default, day 135.
Facts would be great if they were filed in SEC filings and audited by a reputable accounting firm. IMO until then its dead money.
Confirmed in Marc's deposition:
Link
Yeah I killed that number. It was redundant. Sent you an email.