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At this point, all I'm waiting on is a financial report for the last quarter, that'll tell me everything I need to know. If positive I'll stay, if negative, I'll leave. But not getting any response about it makes me start to believe some of the skepticism.
I sent him an email 2 days ago asking about last quarter fins, no response. He can respond back to everybody else about non-sense but can't answer a simple question about when fins will be released. That's the only thing I've been waiting on for the last 5 months since the cc (because of his words) and now because of the fiscal change, they've extended the window before they have to release any financial information. No worries, I'll @ all those guys on facebook Nick, Jason, Miral etc. until somebody can give me some info on fins.
When will this reflect in the current pps or be updated on the market's website?
Link? Unless you’re talking about the one about LIBE thats been out for an hour now
If you’re looking for something specific then yea I guess each filing is bad (I.e., revs) .. but from my standpoint everything is coming together just like Tom explained it. All I’ve been seeing is him piecing together a supply chain for governments and corporations who need products. Simple enough to me... all that needs to happen now is that the producers need to deliver.
Thank you.
Maybe you took my words out of context or maybe I’ve misstated so Ok... I guess I’ll state what Tom said verbatim via Twitter.
“BVTK and note-holders negotiated “win-win” deal last night...” —11/21/17
Sounds like an agreement to me, and today’s 8-k, at least to me shows part of that agreement. So no they don’t have control over when the notes convert but they can come to an agreement on how to pay for those notes before or once they convert. Better?
So can you provide to me the dates in which these next group of notes are set to convert??
Can you show me these new notes you speak of?? A link or something? And you made my point clearer... debt holders wouldn’t agree to convert their debt in exchange for common shares if they didn’t see any value in the company or if they couldn’t potentially make a substantial amount of money in the long run. The 8-k speaks for itself, no speculation there
We honestly won’t know if that remaining 1.3 was paid in cash until the next Q comes out, which would explain why Tom gave debt holders so many common shares in exchange for debt relief. All this is coming from using context clues and speculation but would explain his “win-win” tweet imo...
My point is that what's unrestricted is tradeable (held at DTC) and the preferred stock according to the OTC website is 1.3 currently
I'll tell you the reason why I don't believe there will be an R/S before the next Q is released. If you've read today's 8-k, it shows that in order for BVTK to pay off a considerable amount of debt, ($335,319.61 minus the interest accrued, from what I calculated.. correct me if I miscalculated) they gave each debt holder "equity" in the company (common shares 390,926,542 to be exact) in exchange. And I believe the other 1.3 million that TenKay referred to earlier is still in preferred stock i.e., "a win-win situation". Which now to me explains why the OS is almost 8 billion (not quite 8 bill yet because a little over 151,000,000 is restricted). In my opinion, it would be pointless to restructure the debt agreement before an R/S just for debt holders to have their amount of shares decreased tremendously. Which would explain DP and BVTK exclaiming for months about billions in potential revenue in the future, a situation where everyone involved will win. Now I personally didn't throw the bank at this stock because its still an OTC company, so the couple thousand I did play, I won't miss just in case this turns out to be the most elaborate scam in OTC's history. But if I'm correct which I believe I am, I will make a considerable amount of money without any effort. At this point its a waiting game for the next Q any announcements they may make in the coming days.
And that’s what I mean. I’m sure upon notice that a r/s will be implemented, investors will be selling their shirts and pants along with shares to get their existing money out. At this point I honestly don’t see any reason for an r/s if we’re anticipating billions in revs over the next few years. If someone can give me a legitimate reason for one in the near term besides share structure arguments (which are baseless) then I’ll consider the possibility.
R/S would literally have to occur right before the upcoming Q for people who invested too early (between 008-005) to not at least get their initial investment back, considering we are waiting on revs from this current quarter promised by Tom in the CC. And I doubt that very much. I honestly believe he’s going to do right by us. I think this next Q’s revs will at least put us back to .005 range if not higher. We shall see, now we start the waiting game.
Well that’s what I meant lol... I only focus on what BVTK gets since I’m not invested in DP
Not true. DP already landed a 21 million dollar contract prior to this recent JV.
The only difference is that Tom inherited this company when First asked to be on the board and then CEO, that’s the only valid excuse for why this company is still on the OTC and you of all people know the money and requirements for NASDAQ accreditation.
I sent an email to the CEO yesterday and he responded this morning.
My question:
“Hello, will investors receive any upcoming news for CGAC before the end of the year?”
His response:
“I am trying to arrange something soon but need to wait to make sure what I am working on is finalized.”
I have a screenshot to prove he at least responded. He didn’t specify whether or not it’ll be a PR by the end of this year but hopefully sooner than later. Besides that, after doing my DD on the company and understanding the need for Hemp products I really believe this company can be extremely profitable if all of the elements are in place. And at this current PPS, we can at least receive a nice short term gain. IMHO this is an undervalued play. I get that people are concerned with a possible R/S but that isn’t really an option with the PPS as it stands. If he responds to my last email I sent earlier tonight, I will update further...
Exactly! That’s the total difference between the 2. And even Dennis keeps it lawful as to what he can and cannot disclose. At this point, I have nothing left to say until the end of the current quarter. After that, we will see who’s right and who’s wrong.
I heard about that, that’s not a stretch at all. I would not be surprised. Detractors say they find it funny that investors would believe that an otc company can generate billions of dollars of revenue, when there’s multiple companies on the otcqb doing just that... but It’s more funny to me that people would believe that a CEO of a publicly traded company (otc or nasdaq) would openly scam investors via sec filings and social media. Come on! That’s complete idiocy in 2017 especially with the SEC clamping down as hard as they have on shell companies in recent years. To think that a man with so many accomplishments and honors bestowed upon him throughout his career would risk his reputation and legitimacy just to fool a few penny stock investors out of a couple hundred dollars is foolish... I know that for some of these older investors who have seen their share of penny stock scams (and may have been victim to said scams) over the years, this seems like another walk around the old otc block, but this time, you may just get vindicated for your valiant efforts.
Didn’t they just become current? Or was that another otc stock I? invested in??
To his defense, his connections are legitimate and his reputation precedes him. But I? agree. He really turned me off when he boastfully exclaimed in the CC that money isn’t everything... yea, I? bet coming from a millionaire lol smh when that’s the entire point of the stock market! To create wealth. He literally has until next quarter to disprove the detractors. Actually by the end of next month. It shouldn’t take long to land deals or equity investors if your products are the best the market has to offer. JMO
I? agree with you except the part where you said invest in the man, that’s bad advice. Whereas Tom had proven himself in other ventures, you never put your trust in anyone without the action to back the words coming out of his mouth. The proof is in the pudding. Need action, not talk at this point.
But even the guy in the CC said there’s no guarantee that $11 will be the value buyers will value it at. It’ll start at $11-14 but will it stay. And again, my only question is, will SWHI sell their options before it goes up or down because only then will it materialize into a benefit for shareholders. It’s in Australia. Even with the DD provided, I? can guarantee you no one on this board has a clue about how the Australian market operates.
Still nothing showing me that they have shares of the ICO that’s going live in a couple of hours @ the price of $11-14. Show me the wallet screenshot... I’d appreciate it. PPS is reflecting shareholder sentiment and curiosity...
The past has nothing to do with now, nor the future. If we had real revenues, we may be able to use patterns to predict an uptrend but this is not the case here. All speculation at this point until deals materialize.
Agreed. At this point, investors are tired of the talk, tweets, shareholder updates etc. they have yet to produce anything substantial revenue wise besides the 21.4 mil and that in itself is contingent. Only thing that will drive PPS up is announcement of equity investors or an actual deal being signed, sealed, delivered. I? wish they would stop tweeting and I? wish Tom would stop posting on the FB page lol... just go do work!
Link to wallet please?
So then how do you know they have shares in the other troptions? Link?? Please. Honestly just asking...
Wait for what? It should already be there if it’s an asset so you say, just show me the money not the hype
Can you show that to me anywhere in the 8-ks??
Even if the price starts at $11-14 tomorrow, the million dollar question is will SWHI execute their option to sell in exchange for cash? Because from the CC, the guy pretty much encouraged people to pay for things with the troptions, not sell. Big difference, because SWHI's share amount will not reflect in the PPS if they don't actually execute a sell and materialize into dollars.
It's starting to all make sense to me. From my POV, Bravatek is forming a conglomerate. Piecing together different entities to form a whole. So that they can hit every point, in every direction. To monopolize each market, and have it all under one roof. I can only imagine the "equity investors" who have given an offer to buy Bravatek as a whole let alone just to invest. And I hope to God they never sell for any price because this can be something history making. As long as everyone delivers, there's no ceiling strong enough to stop the floodgates of money showers. That's why I've said before, a couple million in convertible debt is like a spec of dust on the sears tower. This is definitely a long-term hold. I would literally not sell any shares until the run dies down, and that could be yearsssss from now! Because once this train gets to moving, its steamrolling through any goals you can conjure with your imagination. This is No pump. This is my honest opinion, just from a business-mindset standpoint. Because if i'm correct this is utter brilliance. Tom and company are literally the orchestrators and Dark Pulse, Crucial Trak etc. Are the orchestra. And the melodies sound so beautiful to my ears. If I'm wrong, I'm wrong and have no problem admitting that later. This is a post from the heart, and eloquently written might I add lol, But from all the 8-k's and overstanding the connections to government and corporate agencies that Tom has, it looks like I'll be very right. Only time will tell of course. I won't post anything else until the steps taken comes to fruition. If you want something right now, you probably should pick day/swing trade a different company. Otherwise, tighten your seatbelts and make sure you wear some depends because this rocket is about to take off to another dimension!
Still no info from the CEO as to when to expect the "hard launch"? Yea... glad I got out. PPS has been a sitting duck for the last few months. What Revs they did have are trumped by net loss and debt. It'll be a while unless some equity investors come in and save the day. Short term tho $ALYI looks to be a steal right now.. Do your own DD but 10 lithium patents and a shareholder CC today.
Aren't we waiting for Nov 8th? Can anybody tell me for what reason? Thanks
What date will convertible notes be executable?
Could Tom and company be diluting all these shares because they know antsy investors will pullout once pps drops and this is an attempt to get a hold of the share structure so they can do like pdxp did today?? Any experts here wanna chime in...
Tom said "a week or so..." for the 10-Q so don't be surprised if nothing comes next week
How?? Still no revenues, if you can find one filing please send me the link!