Replies to post #17092 on Big Token Inc (fka BGTK)

[I ll be back]

Did I say it was good?

Don't think so....Tim! (Tool Man)

I like the idea of the company but its intriguing to me how you can try to contort things that should be easily comprehended as bad as a good thing. How is diluting the public float by over 20 times the prior number good?

The idea that SRAX doesn't have the best interest of the shareholders or is some how gone to great links to implode the stock is questionable at best.

As per the 8K filed 2/2021

3. Further Assurances; Sale Restrictions.

a. Each party shall do and perform, or cause to be done and performed, all such further acts and things, and shall execute and deliver all such other agreements, certificates, instruments and documents, as any other party may reasonably request in order to carry out the intent and accomplish the purposes of this Agreement and the consummation of the transactions contemplated hereby.

b. During the six month period following the date of this Agreement, the Holder agrees that it will not offer or sell in a public broker transaction any Issued Securities (including Common Stock issued upon conversion of the Series C) on any trading day in an amount greater than 20% of the average daily trading volume over the five (5) trading days preceding any such sale.

Given we normally average between 15 to 20 million shares in a normal trading day. They would be restricted to 3 to 4 million shares per day.

Given what I've watched on L2 the last few days and assuming they are already selling shares, they already have a great start at reclaiming their $815K loan.

Now...if I'm the banker, I'm going to reclaim my funds quickly, and than step back a bit to see if Lou and the team can pull off what I believe is about to unfold here. Given the price support and volume in the stock this week, I have a feeling my gut may be right.

As I stated in my prior post; given the positives I've outlined, I'm betting the story here will out pace the shares being sold by RDP.

For the record, I find it more interesting that SRAX set up the AS at ONE Trillion shares. When you do the math, and look at this company as a start up, we shouldn't even be priced over a penny....got to love the OTC markets....LOL

Additionally, the existing 7-B Commons as opposed to 12.8 B via the 8,313 Series C Convertible Preferred Stock is interesting as well.

I understand why RDP would have received the count they did, given it wasn't that long ago we were under a penny. So....if you give SRAX the benefit here, the deal with RDP was likely negotiated when the PP was under a penny.

If I'm RDP, I'm betting they understand just what they are NOW sitting on and just how much they can make on their stock if they do not dump it into the market.

All this being said, the stock PP going from .10 ahead of the 8K tells me there are likely more shareholders interested in the story than in the share count.....but that's just me ;)