Bulova Technologies Group Inc (fka BTGI)

[UpOrDown]

although I'm terrified of dilution, not totally convinced that is what we are seeing.

They sold two sections of their company and have been cutting cost and should have had cash in the bank.

I did some research:
I believe its being sold and bought off the market at large quantities without affecting the market share price. don't know why but it does not sound like open market dilution to me, read below:

These ”Off Market” trades are typically used by larger investors to trade larger lots at pre-arranged prices without risk of driving the price upward or downward.

b. The second category involves so called “ex-clearing” lots. Certain transactions may clear and settle outside of the regular clearing system ("ex-clearing" transactions), where two dealers make an arrangement to settle trades between themselves and outside the clearing system.

The process used to balance street-side transactions depends on the type of comparison generated and the settlement method for the particular trade.

Trades Comparison is accomplished in one of two ways:

1. Electronically through the use of an automated clearing house such as the NSCC. This the normal way.

2. Manually via ex-clearing. Ex-clearing is a manual comparison process that is performed by the brokerage firm’s Purchase and Sales Department. Unusual short coverings can end up settling this way.

link: https://investorshub.advfn.com/boards/read_msg.aspx?message_id=49465673