Replies to post #420 on Bitech Technologies Corp (BTTC)

[Rawnoc]

Agreed, if they score some financing at ANY interest rate, all heaven breaks loose here even sooner.

[umiak]

Ok, I get it. The constant is solid growth as long as clinics are being added. I can live with a low end of .03ish, as I consider that solid growth. There is wisdom in lower expectations because it is hard to gauge how much and when revenues will fall from settlements to net income. Their optimistic "north of 3mm" gross revenue for Q3 and Q2 2.5m gross, point to a rosie Q4 imo. Financing should give serious support all around.

[10 bagger]

SPIN.. $1.06,,

I don't know if that is a proper way to put a SPIN on Spin.. Litigation expenses seem to come with the territory of dealing with Insurannce companies or reverse mergers and will always be some part of consideerations that should be made when putting a valuation on SPIN.. The relief from debt on the otherhand is limited to the debt that may be relieved..

SPIN has also in the recent past granted stock options to insiders and others that will bring the total outstanding shares above any that may be returned by litigation.. SPIN is poised for growth with it's busines plan but the last qtr.. did not demonstrate that it will not be W/O any bumps in the road.. I still own a substantial amount of shares but would rather wait for the numbers to catch up with the PPS..before adding again.. hank

Best way to do it is to take debt forgiveness out and add back the one time litigation expense, 306-156+310 = 460k income or .026 EPS was the real number for Q2 which is still very good.