Bitech Technologies Corp (BTTC)

[iancassel]

Best way to do it is to take debt forgiveness out and add back the one time litigation expense, 306-156+310 = 460k income or .026 EPS was the real number for Q2 which is still very good.

Facilities open and corresponding EPS for 2011:
Q1 2011: 2 facilities, 0.017 EPS
Q2 2011: 3.3 facilities, 0.026 EPS
Q3 2011: 4.66 facilities, ?
Q4 2011: ??

Each facility ramps differently and is more a function of cash available to ramp, then the demand. My guess is Q3 comes in around 0.035.

Again one of the worst things is to have expectations that are too high.

The thing that changes the game big time is if they can get a debt financing/credit line deal done.