Bulova Technologies Group Inc (fka BTGI)

[srm4u]

yes it adds up.... but the ones to worry about now are the convertible promissory note's.... they are toxic and can eliminate any capital that are invested by common shareholders in near to long term holdings

A conversion discount specifies a discount rate that is applied to the company’s valuation for purposes of calculating a conversion price. This is typically expressed as a percentage, e.g. 20%. For example, if the company’s valuation is $2,000,000 and the discount is 20%, then the debt will convert at a valuation of $1,600,000.
https://www.capshare.com/blog/understanding-convertible-debt-and-how-it-affects-your-cap-table/

above is just 1 example, but to put in perspective this 1 alone is converting right now @ near 40X the current pps....
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=124808970