Some alarming data
1) We all know that BTMD promised to file TWICE and its now 900 days later.
2) We all know that they have diluted the stock secretly and repeatedly, and gagged the TA to hide the true numbers.
3) We all know that BTMD promised no reverse splits and that's EXACTLY what they just did.
Here's one more piece of data to wake people up (from the June 1 2007 PR)
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On May 15, 2007, pursuant to Section 78.320 of the Nevada Revised Statutes, a majority of shareholders of BioTech Medics, Inc. consented to amend the Articles of Incorporation to a 1 for 10 reverse stock split for the outstanding shares of common stock.
4) This tells me that they have diluted the stock to such an extent that the insiders now hold more than 50% of all shares! How else could they have "taken a majority shareholder vote" -- and agreed to the reverse split -- with no one hearing about it?!
If they had asked any shareholder outside the company, it would have become public knowledge two weeks ago. The dilution is obviously out of control and LIKELY very close to the maximum authorized limit of 500,000,000 shares.
