Biokey International Inc (BKYI)

[SeanBoy]

The last post was to point out that at least one big firm has high expectations for BKYI.

Maybe I don't really understand this deal but from what I gather were literally selling our selves out at $.30 a share in stock and we're paying them 6% to do the deal. Is that correct?

The convertible preferred are exciting too.

So, aside from a 50% premium on the pps, do you really think that WWTT wants to own 38% of an OTC company? I don't. It would take them years to unload 50m shares and not crash the pps, plus we know they aren't shelling out $15m and getting a seat on the board because they expect to stay on the OTC.

My guess is that they've seen great 2Q number and some sort of expansion is in the offing which will take BKYI to the NASDAQ, which nmeans they expect a pps of dollars.

Why is it that the stock is not trading close to the $.30 a share this morning?

Because it still an MOU plus 2Q isn't out yet.