InvestorsHub Logo
Followers 10
Posts 161
Boards Moderated 0
Alias Born 01/12/2011

Re: armour1955 post# 45625

Monday, 05/22/2017 12:15:55 PM

Monday, May 22, 2017 12:15:55 PM

Post# of 183214
Of course there will ultimately be a reverse split. There is no OTC listed company trading in dimes or dollars with BILLIONS of shares outstanding. No credible company positioning itself for the big leagues can credibly present a share structure like ours.

While it does take a gambler's effort to play in the "pinks" the fundamental laws of investing and value still apply. No hype, prs, rumors or chat boards beat sales and earnings.

How much in EARNINGS does a company with 5.1 billion shares out need to show a penny in earnings? Answer: $51 million which as a Net number after tax and expense means +/- $150 million in REVENUES. To show a nickel?? You get the idea.

The ones making money here are the MMs grabbing 9-10% spreads, and the convertible note holders who in their haste to profit have driven the stock into the ground.

When BVTK becomes fully reporting again, sales are in hand and company strategy and capital needs dictate ...count on a R/S. IMO