Thanks. The way I see it, there are two more fins that will show little or no revenue. The first is for Q2, July, August, September, due in November. Obviously, there were no deals signed, so no new revenue there. Then, will be Q3, October, November, December reporting in Feb 2018. My guess is that no revenue will hit the bottom line by that time, as it takes time to spool up projects, implement them, then bill for them, then BVTK bill 30 days later, probably net 30, yet another month.
No revenue means more convertible loans. More convertible loans means that existing eligible loans will convert by the end of the year. Simply put, I can't see anything but more bleeding until substantial revenues begin, perhaps sometime in Q4 (Jan Feb Mar). I have to believe that the SS will have to be adjusted by the end of the year. I don't want to be part of that.
The majority of BVTK stock is held by others than ihubbers. Thus, they control the price, not us. My situation is that I am liquidating because I have 500%+ profit on every share I bought. I can't see risking any of that against what I believe to be the immediate future.
I will obviously keep an eye on it and see if there is a reason for me to reinvest in BVTK. I'm not writing it off, I am saying I don't want to risk another rough spot with my existing gains.
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