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UP Trend

08/14/18 10:06 AM

#15839 RE: trader53 #15838

3 million in revenue.. steal of a deal at these levels
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tchalla

08/14/18 10:12 AM

#15844 RE: trader53 #15838

no, it's not. that is an illusion. the cost of the merger is going to be significant - around 5 billion shares. none of the new debt is restricted. anybody buying this right now, is going to lose money. a r/s will be needed. debt associated with new deal requires share restructure to the detriment of current shareholders. watch for return to low .000's.
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A. SPEER

08/14/18 10:12 AM

#15845 RE: trader53 #15838

Great analysis sir.!
Thats why many are just holding to their shares now .
L2 asks is a reflection of your analysis. Waiting for it to fly to pennyland
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tchalla

08/14/18 10:14 AM

#15847 RE: trader53 #15838

watch for .0003. bgft is toast. that is why the r/m candidate process was so quick. it's a share selling/share dumping deal.
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trader53

08/16/18 7:12 AM

#16154 RE: trader53 #15838

BGFT - Estimated Share Price calculation = $0.036


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Ticktock4141

09/12/18 4:16 PM

#17394 RE: trader53 #15838

It says the merger candidate has a Gross Revenue of 3M. Revenue is Sales NOT Porfit. You don't know what their costs are they could be showing a loss.