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Re: TruthSpeaker12 post# 174167

Wednesday, 08/29/2018 3:49:03 PM

Wednesday, August 29, 2018 3:49:03 PM

Post# of 183214
I actually think this is a reasonable approach and something I also track with other stocks that only really have options/warrants that can create an overhang on the stock.

In my experience with the sub pennies is you will get solid technical indicators, but a seemingly endless amount of shares being sold with automatic 40% gains that can never confirm the move. The convert debt shares are converting at $.00042 and selling them at $.0008. There are billions of shares available to do this.

I haven't seen one sub penny stock yet able to defeat the toxic convertible monster. The results are always reverse split after reverse split until they become a non-filer. IMO this is likely to happen again to BVTK with a third reverse split. They will likely be in the convertible debt death spiral down to no bid x $.0001.

Best of luck.