Thursday, June 08, 2017 5:49:12 PM
How much do all these high powered execs, officers and directors get paid?
While we remain in the dark without filings and a seemingly unending supply of shares, the only ones making money DAILY are the market makers.
Buy on the bid , sell on the offer capture the spread. Ka Ching is their business model. They really don't care if it is up or down as long as it is volatile.
Again for those who doubt the wisdom of a reverse split why don't we monitor, based on( price X declared shares outstanding DAILY) the market capitalization of the company. In other words what the market says its's worth. Hint: Plus or minus $6 million not including outstanding debt.
Taking today's closing bid of .0011 multiply by O/S as of 5/31 = 5,492,927,983 =market cap of BVTK. Let's track this over the next 30-60 days and revisit this calculation then. I for one intend to enjoy the summer and not stress stocks.
2 things will move this number higher: price, more shares
1 thing moves it lower:price with same # of shares.
Anyone trying to persuade you that magical thinking and vast billion dollar company valuation is around the corner, is flat out either lying or deluded. IHO In either case trade defensively and with your head, not over it. Too may have lost too much believing in the Penny Fairy.
Speculate wisely my friends!
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