Replies to post #111994 on DD Support Board and Research Team

[Renee]

Srm4u, re BTGI, the March 4, 2015 $4 million convertible promissory note should have been a honkin big red flag to every reader.

The BTGI share price was around .075 cents on March 4,2015 and it remained around the .07 area until the end of June, 2015. Shareholders had ample time to get out before the share price began its downward trend to the .007 area, a ~90% loss from when the filing came out.

Lots of companies peg the intended conversion prices much higher than will ever be realized, and IMO the higher pegging of the conversion prices is a ruse to instil false confidence in shareholders and potential shareholders.

Convertible debentures are dilutive and CD's always take a heavy toll on a stock's share price; EG., BTGI pegging their conversions at .10, .20, .30, .40, and .50 in successive years was hogwash as evidenced by the share price consistently dropping to its current .0068 PPS.

When shareholders and potential shareholders see dilutive and usually discounted convertible debentures run as fast as possible from that stock.

Obtaining experience is a tough lesson. The first foray at being scammed should be the only lesson anyone should need, but we see many repeat the same mistakes thinking their next stock really is a blue chip when it is just another scam with a catchy story but identical results of losses.

Members of this DD board try to post factual information on many stock boards, but even then it is difficult to convince readers to avoid being scammed. Heck, I posted castigating information on IFLM but many will still follow the 'experienced' pumpers to the slaughterhouse.