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  4. Bulova Technologies Group Inc. (BTGI) Message Board

Well, after listening to the radio interview, my m

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Posted On: 10/16/2017 3:05:54 PM
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Posted By: the original bad bob
Re: the original bad bob #989
Well, after listening to the radio interview, my money is still on Gurba.

He is still actively pursuing the A & B debt debt reduction program with the note holders, and is confident he can accomplish this by the end of December. This will result in approximately 8-9 million in debt reduction.

He is currently in negotiation with a "serious buyer" of the Machine Tool division, which will result in 5-6 million in debt reduction.

He is still pursuing the sales of the Medical division, which will not result in much, but at least clear the book keeping efforts.

And the synergy of all the trucking expansion over the year is creating a company where the whole is greater than the individual parts, which is the hallmark of what you want to see.

We also will book a profit of 3 million $$ for 2017.

And he is continuing to pursuing expansion of the BT Twiss trucking operation on several important fronts for 2018.

All of this comes at a cost unfortunately, which will be the expansion of the AS from 900M to 2 B shares. If Gurba can accomplish all of the above, the stock dilution will not be a great factor.



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