Monday, May 16, 2022 10:18:05 PM
John,
Ya sound like you have a serious bone stuck in your craw there.
Reg FD is all about selective disclosure of material non public information. There's nothing in the post that violates Reg FD. And I'm sure you could call the CEO and talk to him any time you want. I've talked to dozens of CEOs over decades researching companies. There is no violation talking to an investor so long as there is no non public info shared.
I think your bone is with former SPIN mgmt. They drove this company into the ground and selected this deal for the future of this company. If ya don't like it .... your issue is with Dr Donovan. Not Bitech. Bitech would have been looking to make the best deal for their company. You can't place fault there. The fact that there's not much to go on as it relates to Bitech and it's product is Bitech's to rectify. Time will tell the outcome.
Seems you also need to do some research on the mining industry. A number of companies have done very well. In fact one I own today, the greenest of green miners just reported first CFP qtr on an operating basis and is going to triple the size of its business in the next 3 qtrs and have about a $100 million revenue run rate starting 2023 with more projects in the pipe. Mining just a means to a bigger end in batch computing.
Anyway, seems to me Bitech product isn't just about mining. So, we'll see. I'll keep an eye out on SPIN.
Amigo Mike
Ya sound like you have a serious bone stuck in your craw there.
Reg FD is all about selective disclosure of material non public information. There's nothing in the post that violates Reg FD. And I'm sure you could call the CEO and talk to him any time you want. I've talked to dozens of CEOs over decades researching companies. There is no violation talking to an investor so long as there is no non public info shared.
I think your bone is with former SPIN mgmt. They drove this company into the ground and selected this deal for the future of this company. If ya don't like it .... your issue is with Dr Donovan. Not Bitech. Bitech would have been looking to make the best deal for their company. You can't place fault there. The fact that there's not much to go on as it relates to Bitech and it's product is Bitech's to rectify. Time will tell the outcome.
Seems you also need to do some research on the mining industry. A number of companies have done very well. In fact one I own today, the greenest of green miners just reported first CFP qtr on an operating basis and is going to triple the size of its business in the next 3 qtrs and have about a $100 million revenue run rate starting 2023 with more projects in the pipe. Mining just a means to a bigger end in batch computing.
Anyway, seems to me Bitech product isn't just about mining. So, we'll see. I'll keep an eye out on SPIN.
Amigo Mike
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