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Hurricane Ditka

08/25/12 12:18 PM

#3368 RE: Darrell #3367

check out the last page of their presentation; they expect $3MM in sales out of their European business by March of next year, and roughly $2MM in expenses.

Speaking in EBITDA terms, they'll have zero I, minimal T, D and A which I take to mean they should be able to post a profit in March of next year, TWO QUARTERS AWAY.

And then look at their projections on that same page, they expect to more than double their sales in BLVT Europe for 2014.

http://bulovatechgroup.com/Bulova_Ordnance_Presentation_July_2012_Shareholders_Meeting.pdf

~ Blue ~

08/25/12 12:25 PM

#3370 RE: Darrell #3367

BLVT is a long term investment.. VERY SOLID WEAPON, RARELY YOU CAN FIND IN THE OTC..