not true, cadwell once he has the preferred is only ~367M shares on top of 2B. cadwell doesn't control anything at the moment, he owns debt, not common stock.
if you look at the Q there were 97,500,000 shares issued late May for warrant exercise and another 11M in June....the cost basis was .001 BKRT had been sitting at .001 for the last month and I believe they were the big seller last week when 25M got sold....today they sold the last of it and stock was finally able to lift. Start of another big run coming
agree, we get attacked enough by others, it's unneccessary to be attacked by longs.....not smart
lmao boy you're dumb. I didn't say there were no notes I said there were no shares. And all notes issued in 2015 were to insiders who aren't sellers, so any notes you morons think are about to be sold arent
i don't think the debt reduction will be meaningful, though I believe that is the reason for the delay. cadwell's $5M is the big piece and that should be done. of the toxic debt remaining I think there are a few stragglers but there has been progress made. I'm sure it didn't all "go away" but some did. I'm not expecting the stock to pop based on the debt but if it does it will be a nice surprise.
I'm just looking to get the Q behind us so they can focus on announcing fundamental news
thx SS I assume longs know too, that was for new investors looking for real info.......sometimes chat rooms are the only place to get a sense of whats happening so want more than moron posts
like I've said numerous times, insiders will fund the company until the price is much higher and they can raise bigger money. They don't need the "millions" bashers keep talking about until after the FDA meeting. That meeting isn't until oct/nov, so no major cash needs for 3-4 months. by then we'll have several announcements and a partner
one on the 15th one on the 17th, 5M-6M shares worth...will be back at .04 next week
check the filings
after a few news announcements and some price appreciation more new longs will appear and the morons will slowly disappear