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FEARANDGREED

08/31/17 5:56 PM

#108150 RE: Rufus38 #108146

Because hes a big stud.

Brando1975

08/31/17 6:28 PM

#108167 RE: Rufus38 #108146

If I were Tom I wouldn't have released financials either untill I had things turned around. It was such a mess when he took over that I feel getting current would have been just a waste of money.
Couple years later and things have changed and deals are getting put together. All part of Toms plan and I trust him more than any other Ceo I have ever spoken to!!
I have never heard of another Ceo with even half the credentials of Tom in any other Otc out there.

samroux

08/31/17 6:44 PM

#108169 RE: Rufus38 #108146

People have short memories on the OTC.

The answer is... because Tom destroyed the company. Before BVTK traded as BVTK, it was ECRY. Many of the same things you are hearing now about deals being inked and Ecrypt being sold are the same exact things that were said back in 2014.

But what happened? Simple, Tom, just like now, had to rely heavily on toxic death spiral financing. All the promises and LOI's and wonderful things that were in the pipeline didn't materialize nearly as wonderfully as led to believe, the revenue never outpaced the debt and, as the name indicates, it death spiraled once the toxic debt started to convert. The stock was diluted so badly, two reverse splits were needed to get the stock to be liquid enough for the remaining notes to convert.

Some people have chosen to believe this totally false narrative that Tom is infallible and that he "turns companies around." Or that he "inherited a mess." No, he created the mess.

And now we are in a new day. A new market. Does Tom knock it out of the park this go-around? Who knows. I sure don't, but from the current vantage point, so much of what's going on here eerily mirrors what happened with ECRY. It's also a big indictment that Tom could not secure any traditional financing for this company.

Investors here are eager for this company to go current, thinking that some major deal is waiting in the hopper for that moment. If Tom had a deal done, it would be in a filing. The justification of "he's holding off signing the super mega deal til current because XYZ reason..!" .. is nonsensical to me. If he could secure massive revenue and cancel out the toxic notes before going current, why would't he do that? Obviously, he doesn't have the money to do that.

My feelings are... I'd be terrified of this company going current. They are absolutely buried in debt. Note holders don't care about the share price. They can convert immediately once the company goes current, killing the share price.

Unless those notes are somehow resolved before then, there WILL be heavy dilution. The question is... will there be some massive development at that point that creates enough buying pressure to offset it? Everyone will find out soon, I guess.

armour1955

08/31/17 8:09 PM

#108184 RE: Rufus38 #108146

He now has what looks like a great product.