Replies to post #41059 on Bulova Technologies Group Inc (fka BTGI)

[UpOrDown]

Agreed! Yes, I'm very surprised myself that he did make more of an effort to keep the PPS higher when he had the chance.

But I really think he is in a tough spot right now himself with promises that were made long before the trucking business.

But here is somethings that are different and beginning to take shape:

1)Toxic debt have stopped indefinitely for now
2)no notes are due under 0.02 as far as I can tell, unless something has changed. (please check this and let me know if I'm wrong) All other notes are not transferable at these levels.
3) Real company, employees, revenue and growth
4)focusing on the profitable trucking business
5)lowering debt by selling additional businesses (no doubt whatever money comes in from this will go directly to lowering debt)
6)ambition to move up to other boards (He needs higher PPS to accomplish this= $$$$ for us)
7)much better group of traders/investors on board creating awareness and buzz (not going to be long before whales join in)
7)I do not fear R/S as long as it is not followed by further dilution
8)beginning of last year, our revenue was 1/10 and our debt was around 40 M (we have come a long way since)

If he would give out more steady info, maybe a twitter account, the PPS would normalize a little bit more, IMO

GLTA

[DewmBoom]

People think about RS as if it is some sort of a magic. RS at this stage is a destruction for the company and its shareholders. It is useless. When the company is profitable with debt structured and revenue on the order of $100 million, both the company and its shareholders benefit drastically from a RS.