Again for the math challenged among us. There are 5.5 Billion shares representing the ownership of BVTK. Multiplied by current price the WHOLE COMPANY is valued at a little over $6 Million in the market.
Those who claim we will qualify for Nasdaq @ $4 /share without a reverse split are flat out lying. This company will NOT trade at $22.5 Billion market cap-I promise.
Buybacks are for companies with profits who may choose to either retire to Treasury or retain for corporate use and not shrink the float (Mergers. employee stock plans etc.).
Ask yourself a simple question: How much in NET AFTER TAX EARNINGS (not revenues)does BVTK need to pay a 1 penny dividend, one time? Answer with 5.5 BILLION shares is =$55 million. Not happening anytime soon.
Speculate wisely my friends! Don't get fooled by partial DD no matter how often repeated. Common sense often saves the day.
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