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Yes he's aggressively pursuing machinery and transportation knowing that's where the profit is. In fact 41 million in 2018 with the new acquisition. Pennyland he we come.
Great day, everything pointed up, MACD, ACCUMULATION ETC...
Looks like we begin our next leg up, may test .0076 this week.
Update on the lawsuit:
June 26- PC driver motion for default judgement and to throw out the case DENIED by the judge. Judge also orderd the proposed schedule for the case to proceed.
Moving along we will see some more action here soon.
The other appeals case still moving along as well in the fifth circuit.
Not sure where the defense contract would come from it looks like they sold the ordinance division in April of this year. See the 8k below. Due to the souring relations with Russia they couldn't import any more ammunition. Good consolidation IMO
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Yes it is!! Moving forward we should get some details on the new 12 million plus acquisition. We should hear about the debt reduction with the preferred shares. IMO it looks like after they close this latest acquisition and after the A and B shares completed, btgi will be expecting about 41 million in revs in 2018, which their fiscal year begins in September, and only have approx 25 million in debt. That's huge! Remember last year at this time they were looking at approx 30 million in revs and 40 million in debt, hence why the SP is where it is. Multi-pennies easy here short term folks!!
Chart is ready to go, tomorrow we bust through 6, IMO.
I will be doing the same, although I think your 2017 numbers are low:
100,000 shares= 20-30,000 easy in 2017 IMO.
Yes he's the president of the machinery division. He's buying huge and we have yet to hear what he knows. Big things coming here!
Good call!! I think our trendguy friend meant .03 not .003 lol
The lastest acqusition to be finalized.
Looking good here LoveAndLight we should be in the 6s by the end of the week.
No spin needed, IMO once we get clarity on the Preferred A and B shares volume will come.
All the gaps have been filled. Chart is churning on low volume. MM are playing their games here, but it wont be long until she blows. The churning the past few days is good, its forming a solid channel from which to blast off. Look at the daily ranges this thing can move quick.
Yep that's why after looking at all the technical indicators it's rated a strong buy by barchart, and long by American bulls.
Reasons why this is one of the most undervalued stocks out there folks:
insiders are buying- close to 70 million shares bought recently above market price
Debt reduced from 40 million to 17 million pre acquisition within the last few months, with the Preferred A and B shares.
A/S increase to only 900 million, with debt reducing non dillutive Preferred A and B shares/ most companies in otc land have over 5 billion
New just announced acquisition will bring in another 12 million total 2018 revs to top 40 million double 2017 revs
Another huge possible acquisition in the machinery division per CEO
this will be pennies soon period
Agreed. IMO we hit the .01 mark this week.
It appears the flippers are hitting the panic button. Tomorrow we begin the rise and don't look back!
Way off. Zero toxic debt, preferred A and B shares zero dilution. As of today 28 million in debt vs. 40 million in revs.
You said:
"Im not going to reveal my insights"
Hmmmmm. Interesting. Maybe you should if you are going to give your opinion.
We bust through .01 end of day IMO
Wow that brings us to 116 tractors and 164 trailers and over 40 million in revs next year!
Remember this was a surprise acquistion. The one the CEO said they were close on was for the machinery div and that would bring in 10 million a year. This surprise one is going to bring in 12 million a year for their aleady profitable trucking business. IMO .03-.05 by next week, probably over .01 tomorrow.
close above 6 today and the news hasnt even hit yet.
Yes we can LoveAndLight!! Great job finding this news! Let me get this straight a 40 million plus revenue generating co with around 20 million in debt trading at the sub penny level. Hilarious, this is going well above a dime and soon.
"An additional 12 million annually". Wow. This is going dollars folks.
great news! If it all comes together it will mean the CEO took the debt down from 40 million to 17 million without an ounce of dillution, and within several months. Thats a 28 million rev co with only 17 mill of debt. Thats HUGE!!
Exactly! way undervalued here with the current and expected revenues, near term potential acquisition, and 14C debt reduction. My only guess is its summer on the OTC.
Agreed. Combine that announcement with the 14C debt reduction announcement and we are off to the races. Adding these levels.
That "one product" according to PC drivers has been used by over 4 million customers at $9.95 per month. Thats just one dealer, (ABHI now has 3 dealers), that sell the product. That one product was just the subject of 28 letters sent out around the world to various companies telling them to stop using that product and or patent without ABHI's permission. So as you can see that one product is incredible valuable, and can bring in tens of millions of dollars (see the 10 million plus lawsuit they have against PC drivers), I think the stock price has suffered recently due to some large holders running for the exits due to it taking longer than expected to get current. No worries here the product hasn't changed, my confidence in the CEO hasnt changed, just the timeline to get current has. This will see pennies (at least) IMO.
On that note 3 substantial PRs since 5-31. Last PR before that was sept of last year. The company is reinventing itself focusing on the core revenue producing businesses and just as important reducing debt. The main piece of the plan the CEO outlined in March, the 10 million revenue generating acquisition has yet to be announced. Could come at any time. Then all current revenue estimates will go up BIGLY.
Solid volume in the last hour. Nice uptick, with a golden cross now in site and maybe the beginning of a bull flag. Everything points north here, this is the beginning of our voyage up past .01. With expected acquisition news next week I'm still calling for .03-05 short term.
Hilarious they are calling a 28 million dollar revenue generating stock a pump and dump. A stock that just in the past few months has cut over 11 million in debt, and is now cash positive. They are gonna be slapping that ask this afternoon and next week watch, and when BTGI announces the next acquisition, BOOOOMMM!!
With the gap filled we will now begin the voyage above 01. IMO early next week we will see .01-.02. Without major news. With news .03-.05. This is gonna be a huge loading zone.
Ok folks gap filled tomorrow we rise. This one will be pennies soon!! No doubt.
Exactly.
Kinda a catch 22, it's a sign of strength that it hasn't yet, which tells us when it does we are going to bounce hard.
It's gonna fill today then up we go. This is a crazy example of how silly human psychology is. This stock is way under valued here folks. Get all you can.
Great post Prosper/high!!
Again he covered that too in the interview. Tallked very honestly about creating the preferred shares for debt holders. No mystery there. You will always find something about any business if you look close enough but this CEO is following through with his stated goal and is being transparent about his vision to get there.
Hes cutting costs and generating revenue thats the key, plus his revenue expectations for the year appears to be spot on. So its alot more than revenue yes but he delivering and his plan he stated he had in march is coming together.
CEO stated in March in the interview he wanted to sell the tech and ordinance unit- Done knocking off 10.8 million in debt.
Said he was looking at cosolidating to focus on core transportation- dissolution of compliance and security, and health unit. Done. (Two divisions gone, thats huge)
He also said he had another acquisition in the works. So far hes doing everything he said he was going to do in the interview.