The motivated SELLER AGAIN IS BKRT ( SEASIDE) AND
Post# of 7769
To be clear SEASIDE DID 5M SHARES AND PROBABLY THEIR AVERAGE PRICE ON THE 5M WAS .08 CENTS WITHOUT BREAKING IT DOWN. I AM NOT GOING TO GO AND BREAK IT DOWN BUT .08 IS PROBABLY REASONABLE. IT IS OBVIOUS BKRT SEASIDE PROBABLY WANTS TO SELL ALL BEFORE YEAR END 2014 AND NOT SELL AT .14 OR MORE. WHAT I SAW WITH MY EYES WAS 3M OVER .12 PLUS AND ANOTHER 500K .11 OR MORE. ITS MY ESTIMATE THAT BKRT/DLNY HAS 1.5M LEFT AND IF THEIR AVE VWAP IS .08 THEY HAVE ALREADY MADE 3.5M X.04 CENTS. SO ON THEIR ORIGINAL INVESTMENT OF APPROX 400K OR .05X 5M SHARES THEY HAVE BOOKED 3.5M SHARES X .04 CENTS ( .08 TO .12 SOLD IMHO) THATS 140K DOLLARS. IF SEASIDE SOLD THE REST FLAT AT APPROX .08 CENTS AT THIS POINT THEY WOULD RECOGNIZE 140K IN PROFIT ON 400K INVESTMENT OR 35%.
BOTTOM LINE: IMHO SEASIDE HAS BOOKED APPROX 140K ALREADY ON ORIGINAL INVESTMENT OF 400K DOLLARS OR 3.5M X .04 ( .08 TO .12 RECOGNIZING .04 CENTS APPROX 50% ON THAT AMOUNT) SO THEY DO NOT NEED .14 ON THEIR .105 TO .106 AS THAT IS NOT REALITY. TO BE CLEAR BKRT IS NOT .05 SHAREHOLDERS THEY ARE INDEED SEASIDE. I AM OF THE STRONG BELIEF THAT BKRT WILL SELL THE REST BEFORE THE END OF THE YEAR AS THEY HAVE ALREADY BOOKED 140K IN PROFITS ON 3.5M SOLD ( imho) EVEN IF SELL REST 1.5M AT .08 THEY WILL REALIZE 35%. I WILL NOT ANNUALIZED THAT RATE AS I DON'T NEED TO ILLUSTRATE THOSE #S WHERE IT IS DONE AT SATAN'S DEN.
PS SEASIDE WILL SELL THE REST THATS MY GUT CALL BEFORE YEAR END