BGTII--PATH TO PROFITABILITY (by SPORTYNORTY/I-HUB
Post# of 1514
(Total Views: 1451)
Posted On: 05/24/2017 5:20:06 PM
BGTII--PATH TO PROFITABILITY (by SPORTYNORTY/I-HUB):
In reviewing the company's recently released 10Q, one can see where the company envisions itself moving forward by converting much of the debt into preferred shares. Their one-time charge off, for accrued deficits, allowed the balance sheet to look somewhat improved. The real path to profitability lies within the company's ability to procure additional revenue streams through merger and acquisitions, utilizing preferred shares as corporate leverage, while at the same time preserving shareholder equity. To the extent that the company has already demonstrated a proclivity to utilize this non-dilutive financing, it is understood that they reluctantly had to raise the A/S by 400 million shares on April 20th, via a pre-14c. The important thing is that the pre14-c does not take effect until the first full week in June, which gives us approximately 2 weeks window to move up.
ACQUISITIONS:
The company is currently eyeing expansion in their existing trucking business, which if consummated, would add millions of dollars to their bottom line. The company is also looking to branch out to other similar business ventures which while separate from the trucking/transportation business would also be accretive to their revenue stream.
From what I understand an acquisition could be on deck, and an announcement could come as early as next week.
SHARE BUYBACKS:
We already know from the company's verbage in prior communications with us shareholders that the company is highly sensitive to shareholder equity concerns. The company is desiring to utilize future derived profits from operations to buy back their shares in the open market, when possible, as long as it does not inhibit their growth strategy.
In summation. BTGI is a responsible, well run company laser focused on achieving profitability, through strategic growth, without dilution. BTGI is on the rise.
In reviewing the company's recently released 10Q, one can see where the company envisions itself moving forward by converting much of the debt into preferred shares. Their one-time charge off, for accrued deficits, allowed the balance sheet to look somewhat improved. The real path to profitability lies within the company's ability to procure additional revenue streams through merger and acquisitions, utilizing preferred shares as corporate leverage, while at the same time preserving shareholder equity. To the extent that the company has already demonstrated a proclivity to utilize this non-dilutive financing, it is understood that they reluctantly had to raise the A/S by 400 million shares on April 20th, via a pre-14c. The important thing is that the pre14-c does not take effect until the first full week in June, which gives us approximately 2 weeks window to move up.
ACQUISITIONS:
The company is currently eyeing expansion in their existing trucking business, which if consummated, would add millions of dollars to their bottom line. The company is also looking to branch out to other similar business ventures which while separate from the trucking/transportation business would also be accretive to their revenue stream.
From what I understand an acquisition could be on deck, and an announcement could come as early as next week.
SHARE BUYBACKS:
We already know from the company's verbage in prior communications with us shareholders that the company is highly sensitive to shareholder equity concerns. The company is desiring to utilize future derived profits from operations to buy back their shares in the open market, when possible, as long as it does not inhibit their growth strategy.
In summation. BTGI is a responsible, well run company laser focused on achieving profitability, through strategic growth, without dilution. BTGI is on the rise.
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