Bitech Technologies Corp (BTTC)

[Amigo Mike]

I knew there was a big seller out there. Should have put in a "stink bid" on SPIN.

BUT ..... I dont know if any price is a good price at this point. MGMT doesn't get it. Dr D isn't getting younger. Same drivel for YEARS ... Literally. And still with 4 affiliates .... Not generating any cash flow. That simply isn't going to cut it.

The CFO is a glorified accounting clerk afraid of his own shadow (Dr D is probably too conservative as well). And as I've said before, he shouldn't be allowed to speak beyond recounting the qtr results. Period. Totally clueless speaker and clearly can't handle his job. DR D ... Well he's a physician. Clearly can't manage the business or the marketing there of. I don't know how any shareholder would be happy with MGMT at this time. Well ... Excepting Dr Ds good buddies.

Quite honestly, I'd like to see an activitist investor step in here. In fact there is one there in Houston about 15 minutes away from SPIN. 5% stake at this point is barely $100k. The reward could be significant if done properly. MGMT needs a kick in the ass and that may be the only way to do it.

Thanks to the exceptional performance the stock price is in the crapper and the company certainly wouldn't be doing any financing at these prices. So it's a vicious circle with no end in sight. Not a good formula for success.

Amigo Mike