Bitech Technologies Corp (BTTC)

[MikeDDKing]

I've been accumulating SPIN and think it looks like an excellent long term growth story. I'm sure my investment thesis below is nothing new to the board members here but I thought I would share it in any case. I like SPIN because...

1. They have been rapidly growing earnings and have high GM. They made $0.012 in the most recent quarter and have GM of 49%.

2. They are rapidly adding clinics. They had two clinics as of the beginning of 2011 and added one at the beginning of February. Furthermore, they have plans to expand to 4-6 clinics by the end of 2011 and 10-14 clinics by the end of 2012. I expect earnings and revenue to rapidly ramp up.

3. The CEO has been buying shares in the open market for some time.

4. The CEO has previously run a public company that had a similar business model. That company started out on the pinksheets, uplisted, and eventually was bought out.

Recently they had their first conference call which I think is the best place to start your DD. They do a great job of explaining the business model and the opportunity. Here is a link:
http://spinepaininc.com/call.php