Big Token Inc (fka BGTK)

[I ll be back]

Lucky

As I posted on 9/24:

I've seen a number of pump and dumps over my 40-years of investing.



What is interesting to me is "why" the company updated the financials.

Was it a letter from the SEC?

Was it the fact that the telephone started ringing off the hook?

Was it because he received a request from the Feds?

OR....was it all of the above.

What I failed to also include is the restructuring of the note that was identified in the latest 10K.

One does NOT renegotiate a "short-term" extension with the note holder unless they have a winning game plan. A lender on a "no revenue" business (like FPVD) would have gladly provided a longer term for restructuring the note.

After all, what choice does the lender have???

Was it an SEC letter; "maybe" but this doesn't feel like it.
One can go back and look at the 10Q that will also provide some in sight here.

I do believe the new attention on body cams is the likely answer here. Likely his phone started ringing off the hook back in May/June and he could see a light at the end of the tunnel.

If I was in the CEO's shoes and went from no sales to the phone ringing off the wall, YES, I would get my fins current and save my company.....but then, that's me!