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I don't think she is, maybe she is getting ready for the Solar Eclips viewing today
I expect the market to be a little quieter than normal today because of that
I would think the news will either hit around 10:30 PST in the morning or after the bell today. That is usually when they release their PR's
lets see how it goes
Just remember most of the growth in the past couple of months is not going to show in this Q but in the next one, I think that what she was trying to remind everyone about. Either way growth is growth and we buy winning stocks based on future growth not the current.
GLTA, Go BTGI!!!!
Yes, that's what I'm hoping for as well
If it doesn't happen tomorrow, it will definitely happen sometime in the near future and this will fly without any warning :)
I truly hope Gurba does as Live and Light suggested and do a follow up PR and keeps them coming to push us higher!
Lets see
Can I just point out that I have never seen the investors sentiment this high for BTGI before! This is really really important IMHO
And it is not driven by pump or even high price action! Its because of the company great fundamental and hyper undervalued PPS!
Last Q release in May, I'm sure most remember, we were still undetected and under the radar. Hardly any posts or any attention was given to this stock.
It wasn't till the week after the Q release on May 30th, that the news hit the wires and this stock flew 300%!
This time we have eyes on this stock, its on breakout boards, whales have been watching and waiting to see how this reacts. And this week's reaction to the dilution was very telling to many smart investors.
The float is finally locked in very very strong hands!!!! If it stays that way for days, weeks, and months to come, we will hit $.10+ by the end of the year IMO!!!
Proper valuation is way over due, and even with any dilution by debt holders the market will observe it and move forward, but first we must be able to hit $.025 area and keep some of that gain this month, if that happens many will want to join in so that they don't miss the next run!
The debt holders also understand that they can get more for their money now and will not want to damage that, the company is stable and their risks are minimal IMO!
So lets help push this thing as high as possible and be very careful about selling those valuable shares as you may regret it later.
This stock has the potential of making many patient investors millionaires in a very relative short amount of time.
Good luck to all, GO BTGI!!! not planning selling any shares below $.05
Great! lets spread the good news over the weekend
and enjoy a glass or two of our favorites, we sure deserve it after this and whats coming up on Monday!
see you all then :)
we can close in 60's easily right now
500k buy order will take us back to the 60's it looks like, lets go!!!
Yes, you are all correct, thanks for the reminder :)
I hope you are right jessejames001 , you seem to know your level 2 pretty well, thank you
You never know maybe he will get greedy and let it fly this time, I truly hope he does, then we can all be rewarded!!!
Yes!
As long as strong hands hold tight, we should be able to keep our gains this time and move forward with more eyes on the stock and better investors.
Even the debt holders know that this stock is worth more!!!
Go BTGI!!!
dont worry about that those are just flippers, they love round numbers
I don't get it either, but their shares are a lot less than before so they are not a concern anymore
If he wanted to take us down he would have done it already, good bids sitting in the high 40's
BMIC doesn't want to sell cheap and take this stock down, He moved back up to 0.011
Strong base at 50, IMO
probably the bottom with the look of it
maybe, lets see
wonder how much he has left
I understand but I don't want him to be forced to take us down to 40's
Oh well, lets see if we get enough volume next week to get us over the hump.
Or maybe this will encourage other debt holders to take Gurba up on his offers since dilution seems to scare everyone off.
Lets see, so far everyone seems to be holding 50's as a good base, I hope it stays here :)
people sitting on the ask at 55 and 56 should remove their ask or move them higher maybe in the 60's
From his behavior thus far he should move higher too after he sells some shares at this level and that would keep pushing us upward.
It will also encourage more buyers to come in and that would make this base stronger for a breakout, IMO
Nicely done! Thank you, it seems that he wants to sell at 53 or higher
which would make this the base :)
I hope others follow you as well and get us over the hump, lets go!
Don't sit on the bid! That will encourage him and others to sell lower and take us down further, hit the ask and we can move up again and encourage buying!
BMIC is here to make money too, he is not going to send this stock too far down that it can't recover. He knows that this has potential and that he can cash in on it big time later. Just relax a bit, not all is lost here, the fundamentals are very strong and getting stronger
The market will absorb whatever shares he has left if any, He is taking breather for now and as I said before he kept moving up his bids on the first day and yesterday morning, he didn't want to sell them cheap, IMO so don't force him!
They already lower their debt by 10 M this year and I believe they are working on lowering the rest soon. They know the old debt is not good for their growth.
I'm not sure what preferred shares you are referring to, maybe we are talking about the same things not sure.
What I do know is the preferred A & B were created and offered to tackle the debt so that the dilution does not happen anymore.
but what is important is that its not the company selling shares, its the debt holders, which will equal less debt, is the way I understand it.
anyway just a messenger here and this seems to be just a hiccup.
eventually the debt holders will get paid and we can move on
These are shares that were issued for the debts previously probably last year before they were qualified for bank loans and before revenues.
These are same debt holders he talk about back in March interview which you can find and listen to above.
Nothing new here if you have been following the company for a while.
Yes Jessejames001, it is in fact a note holder from before, I don't think he has that many shares left though :)
Read my post :)
In the email he said there are 3 individuals who hold a total of 70 M shares all together.
Preferred shares have been offered to all 3 , only one seems to be diluting right now, I don't know how many this particular individual holds but I'm guessing around 20 M
With the action yesterday and today I think he might have already diluted about 12 M or so and he probably planned it so that he would catch some of the upside on the Q news which was delayed as you know. He seems to be reluctant to sell them low, IMO
If you or anyone else want to see the email, please private message me your email address and I will forward it to you :)
He also said Q will be released on Monday not sure before or after the market though
In my opinion, let him sell and leave so we don't have to worry about those notes ever again! :) many will benefit from the discount he has created, remember this is not the company selling and the OS and AS are still the same as before.
Still holding all my shares in a couple of weeks this won't matter that much since its a one time thing.
Good luck to all, Go BTGI!!!!
Just received an email from CEO, Mr. Gurba
Hi guys,
so I did contact him again today to see what I could find out about whats going on here as love and light suggested and I encourage anyone to do the same.
It is dilution by a debt holder who has been offered the prefered A & B shares but has not yet accepted. (maybe he is testing the market to see what he can get out of shares before he decides or maybe he just wants the cash, not sure)
according to Mr. Gurba there are 3 debt holders right now who he is trying to negotiate with and remove those notes from the market.
Either way the good news is that the debt is lowering little at a time whether by controlled dilution or by preferred shares.
This particular debt holder seems like he does not want to sell his shares too cheap so its a great sign moving forward.
I hope this helps
Long BTGI :)
Sorry, I'm with copperfish on this one
I have gotten emails from him before and have talked to him on the phone twice, this sound nothing like him.
And if he is using it for debt reduction well that would be positive in my opinion, but He is turning those into preferred A & B stocks and they are none dilutable.
So nothing in your email makes sense, specially the first line.
I'm sure you sold some shares this morning before so kindly sharing your email with us.
Just my opinion
hoping for the same thing
He is back though .0053 @ 210K which seems being bought out right now
Just have to hold on tight for now
BMIC moved down to 0.0052 sold and left
waiting to see where he pops up next
ETRF had 1.2 M on the ask at 0.006 about an hour ago, after the selling at 0.0053 only 300k left
I don't see him on they bid at all yet
what are you talking about? please support your opinion with a solid facts, its not happening just because you say so!
give facts please not opinions and always include "IMO"
Thank you
On the Ask:
Nite 0.0056 @ 500k
CDEL 0.0057 @ 10k
BMIC 0.0058 @ 270k (same as before, hasn't moved for a while)
ETRF 0.0059 @ 200K
there was Nite at .0054 @ 450k but it was sold
I'm willing to bet BMIC is shorting and that why he is trying to average up on his short.
He know there will be some pressure and fear built in, dilution and short selling go hand in hand
Retail sellers are out today, you can see the movement on level 2
Yes, I have asked about that too, I wish he would have done a PR on that though, it have been a huge confidence booster
That news will be huge for the stock and the company, IMO
Agreed 100% and it will
I bet it will surprise all of us when it does :)
I understand what you are saying, but I'm trying to explain is that we had the same pattern earlier this year where we could not get passed $0.0024 even with good news, but then something very unexpected happened on May 30th.
Even though the news had come out the week before and the stock did nothing (in fact had selling pressure on that news day/week) the following week after the flippers and sellers were gone we jump 300% in just one day on the same news from the week before. What I'm saying is that confidence is everything with this stock and I see confidence rising not dropping.
Thats the point I'm making, if you were here before that big run you would understand.
This is not the same company it was 2 years ago or 1 year ago, as it improves so will the PPS, IMO :)
He is at $0.0058 ask with 270k
I would expect the Q to be released on Tuesday not Monday just as it did back in May. Also I don't see any huge amount of diluting if any, this seems to a payment that was given to Big Red about 1.5 M, If it was a huge dilution we would have seen evidence of that by now.
They also did this before the Q release, which means they did not want to effect the run as they were accused of in the last News cycle. So whatever it is, let it pass now and lets not take it out of proportion.
This stock is so undervalued that even with any dilution it is still a good investment.
It all depends on how much you can handle as an investor/trader, most smart traders love to buy fear :)
You can see the details of that in the filings, they paid about 1.5 M for Big Red and that has already been taking care of with the cash and bank loans.
I know that there is a monthly payment agreement as well, not much about $6k per month. By the amount diluted today it seems that that's what it was. about 1.5 M shares issued on or around August 1st I suspect.
This is not a big dilution, Also towards the end of the day the MM had the chance to sell additional shares at 55,54 and 53 level but they didn't, that tells me there were not that many shares to dilute or they would have continued all day.
That's my opinion anyway and I'm still holding very tight!
lets what tomorrow brings:)
Does anyone know if the Big Red acquisition monthly payment of $6k was paid in stocks or in cash on August 1st?
Could this be them cashing in their shares?