Bitech Technologies Corp (BTTC)

[tchauncy]

I received a copy of the "Promotion" and was quite surprised to see how accurate it really was. Had this exact text been written on Seeking Alpha or Harvest, it probably would have had the same effect and nobody would care. However, OTC Markets in their almighty wisdom, as in the case of all supposed "promotions" likely forced SPIN to put up a DisClaimer PR with threats of perpetual "skull and crossbones" or even delisting for ignoring their request.

I have pasted the whole promotion below. Effectively ALL of the info provided came right from the Company's websites and past Press Releases as far as I can see. Though some points like the actual float is high.

While it would have been totally on point six months ago, before the Company decided to suspend its PI case finance business model of being a finance company until either it raised more seed money or acquired in a merger, when either of these items happen, which at least one will since Mangement and the BOD personally have $6+ million invested in SPIN, what was printed will again be accurate and only a small portion of SPIN's future potential.

Had I had decided to put out a "promotion", I would have said it differently. I would have simply said:

Hi Folks,

I have found a great little $.02 stock with a $400,000 Market cap and $1.2 mil in shareholders equity on only 20 mil outstanding. A stable Management and BOD who together have over $6 million invested in the Company and none have ever sold a share and are all still on board.

In the 10 years it has been public, it has never raised one dime in equity (zero dilution)

Last year, SPIN's Quad Video Halo was featured globally on National Public Radio (NPR) TV series "Innovations in Medicine" with Dr. Donovan presenting it.

The Company is 10 years old, has always been a fully reporting SEC 10k-10Q filer. Until last quarter has always had quarterly investors Conference Calls. And was profitable in half of the past eight quarters.

Looking at the last 10Q, even after some cleanup writedowns, SPIN still has a positive Shareholders Equity of over $1.2 mil or $.06 a share!

Why was it trading at .02? The company never has been very big on self-promotion. But most likely because it announced last quarter, in spite of its profitable business model, it still is a Finance Company that Borrows for X and lends at 2 times X, But for whatever reason, its business was starting to exceed its available cash, so while it is still a very viable and attractive company with valuable Assets, perhaps it is time for the 76-year-old Chairman who owns a quarter of the shares, to pass the baton to younger management by setting itself up as a merger candidate.

Sometimes Companys with unique assets like SPIN's QVH which cost over $2 million to develop is worth more as merger targets for any one of the dozens of private deep pocket Medical Injury Finance Companies then trying to keep slugging it out on a small scale.

So, what do you think? At .02 a share it has a $400,000 Market cap and again, over $1.2 Million in shareholders equity alone no including the $2 Million Quad Video Halo.

I might not happen overnight, but clean fully reporting merger opportunities that contribute much more than just a trading shell like this, don't come around very often, so I would not expect this to be left alone too long.

Exerpst from recent 10Q and PR




Below is the actual promotion that was sent out.

Today's Alert Is: SPIN

Good Morning All,
Hurry and add SPIN to your radar!

This is our newest low float stock alert and we are incredibly excited about the possibility of profit here.

Our last low float alert was a huge winner scoring over 100% in gains for our readers!

According to Yahoo Finance, SPIN has a tiny float of just around 11.5 million shares.

Low float stocks are capable of very sudden and very volatile moves.



We all know spine injuries are serious business, but did you know the market for this dilemma is over $200 billion?

SPIN could help many people that are inflicted with spine injuries all while making some major revenue.

As a medical solutions and technology company, SPIN helps facilitate diagnostic and treatment services for patients who have sustained spine injuries resulting from traumatic accidents.

The company is focusing on a nationwide expansion of a concept that had been developed and successfully deployed for many years by its founders in Houston, Texas.


SPIN owns a patented device and process by which a video recording system is attached to a fluoroscopic x-ray machine (the “four camera technology,”) which the company believes can attract additional physicians and patients, and provide with additional revenue streams.

SPIN has refined the technology, through research and development, resulting in the fully commercialized Quad Video Halo (QVH) System 3.0.
Using this technology, diagnostic and treatment procedures are recorded from four separate video feeds that capture views from both inside and outside the body, and a video is made which is placed in the patient’s chart and also given to the patient’s representative to verify the treatment received.

You can see how the technology works here:

http://quadvideohalo.com/our-videos/

According to the Center of Disease Control, there are over 39 million injuries a year in the U.S., which means in America over 108,000 people are injured daily.


This leads to over 115,000 Emergency Room visits, and over 252,000 medical visits a day for these injuries. This is amarket that could benefit immensely from the company's innovative technology.

QVH's development was created by a need to pro-actively support an ever expanding market of spine surgeons, orthopedic surgeons, other health care providers and injured victims involved in the $50+ Billion Dollar personal injury case sector with the highest quality spine pain diagnostics and financial management.


Dr. William Donovan, through his 40+ years as an orthopedic surgeon and as a successful entrepreneur has developed a management system to assist accident victims in receiving appropriate, reasonable and necessary care for liability spine injuries. Through years of experience, Dr. Donovan and his staff have interjected cost and time efficiency together with transparency for optimal results together with strong financial returns.


Since 2009, the company has successfully delivered a medium in which spine injury patients can obtain much needed healthcare, healthcare providers can receive timely payment and legal and insurance professionals can obtain accurate, detailed records of patients’ treatments that support and shorten time to settlement.

SPIN anticipates independent medical representatives will sell Quad Video Halo units to hospitals and clinics.

Currently the company provides this technology and or collection services to four spine injury diagnostic centers in the United States, which are located in Houston, Texas; Odessa, Texas; Tyler, Texas; and Las Cruces, New Mexico.

You can do your own research at: http://www.spineinjurysolutions.com/

We never promise anything, but it's always exciting to find a low float stock trading at such low levels.

Hurry and add SPIN to your trading screen!

This could be our next big 100%+ climber!