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Posted On: 03/06/2017 1:01:12 PM
Post# of 1514
Straightforward and direct interview with $BTGI CEO.
https://upticknewswire.com/ceo-stephen-gurba-...y-markets/
Reducing debt through selling one of the companies which will eliminate about $10.5MM and then a Preferred offering that bopes to bring total debt down to $17.9 MM. Non dilutive debt. Increase AS from 500MM to 900MM but does not expect preferreds to convert and if they do - none will be discounted to market.
Expect $40MM in rev in 2017 and to be profitable. Lowering debt will reduce interest expenese on bank notes from transportation acquisition.
Current market cap is $1.25MM. At $0.05PPS market cap is still only $25MM which is a P/S ratio or around 0.6
Business isnt flashy but the numbers sure do look to be improving without the pie in the sky claims normally found in the OTC
https://upticknewswire.com/ceo-stephen-gurba-...y-markets/
Reducing debt through selling one of the companies which will eliminate about $10.5MM and then a Preferred offering that bopes to bring total debt down to $17.9 MM. Non dilutive debt. Increase AS from 500MM to 900MM but does not expect preferreds to convert and if they do - none will be discounted to market.
Expect $40MM in rev in 2017 and to be profitable. Lowering debt will reduce interest expenese on bank notes from transportation acquisition.
Current market cap is $1.25MM. At $0.05PPS market cap is still only $25MM which is a P/S ratio or around 0.6
Business isnt flashy but the numbers sure do look to be improving without the pie in the sky claims normally found in the OTC
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