That's my next pick. Been accumulation for a while and should do an ICDT move pretty soon.
Posted by NomarKash on :
Maybe its time for its next run.
Posted by NomarKash on :
up 40% today.
Posted by Malloy on :
Already broke 10d avg volume.
Looks very good now.
Posted by NomarKash on :
Anyone have L2's on this?
Posted by NomarKash on :
This is flying, thanks Malloy, glad I got in early.
Posted by Malloy on :
.0018 is the key IMO...if we break, will fly a lot more.
Posted by NomarKash on :
Agreed, this stock gets hung up a lot at .0018. IMO buy on dips, this stock always rebounds in the afternoon.
Posted by Malloy on :
looks like 2nd round coming...ask spreading
Posted by NomarKash on :
we got to .0018, can we go beyond?
Posted by Malloy on :
Pressure building....looks good...
Posted by Malloy on :
100%
Having fun!!!
:-)))
Posted by NomarKash on :
Say good bye to a zero!
Posted by NomarKash on :
Up 120%, anyone else playing this?
Posted by Malloy on :
UP 150%
Posted by EverGreen on :
another 1000% and i'm out of my POSition 2 years old
go go go LOL
Posted by Malloy on :
3rd round about to begin
Posted by NomarKash on :
Still holding strong. This afternoon should be interesting.
Posted by Malloy on :
UP 190%
Posted by NomarKash on :
Make that 210%
Posted by stevo on :
still time to jump on?
Posted by NomarKash on :
Every tick is 10%, this thing is flying.
Posted by Malloy on :
UP 250%, ty...im out for now
Posted by NomarKash on :
I got out at .0035, if this dips below .003 I'll get in again.
Posted by madmoney on :
this is a momo play, running hard! 750 mil outstanding 2.5 billion authorized, losing money, what goes up must come down, dont get caught holding over the weekend. watch the action closely, take your profits today!
Posted by NomarKash on :
quote:Originally posted by madmoney: this is a momo play, running hard! 750 mil outstanding 2.5 billion authorized, losing money, what goes up must come down, dont get caught holding over the weekend. watch the action closely, take your profits today!
OK thanks, I'll keep that in mind.
Posted by Malloy on :
Went up too fast...up to 370% in a few minutes...watch for major correction now.
I'm waiting to reenter.
Posted by Doghouse Joe on :
oh my gosh - glad i didn't bail at .001
would love to see this back at the 8 cent level of last year
exploding to .0049
any news leaking out for this run up?
Posted by stevo on :
damn, it was running so fast i couldnt jump on... good thing i canceled my .005 order!
Posted by stevo on :
whens a good time to jump back in?
Posted by Upside on :
It's nice to see this one finally move. I need about another 350% though to get back to even. Bought this one a long time ago at .02 and it's been in my "bagholder" pile for the longest time.
Posted by Doghouse Joe on :
big volume - this will certainly get some attention
Posted by sunny on :
yep, sure will.
Posted by stevo on :
I cant get filled... ask .0038 and i was offering .004
Posted by Doghouse Joe on :
for how many shares? there may not be the shares available at that offer price.
you would need to put the offer in at .0005 to .0006 above the midpoint of the bid and ask
good luck
Posted by stevo on :
I was offering .0045 when the ask was .004 - trying to get 2 million, but i didnt have a "all or none" i should have received a few shares! I give up - good luck
Posted by Upside on :
Keep you eye on it stevo. There should be some profit taking coming in soon. You'll probably get another chance.
Posted by Malloy on :
Buying back now for eod move....
Posted by NomarKash on :
My order filled too, time for another ride!
Posted by dreamer_rick on :
can we get in again or that's it and what is the in point
Posted by Malloy on :
When a stock is hot, you can in and out about 3x during the days.
quote:Originally posted by dreamer_rick: can we get in again or that's it and what is the in point
Posted by dreamer_rick on :
quote:Originally posted by Malloy: When a stock is hot, you can in and out about 3x during the days.
quote:Originally posted by dreamer_rick: can we get in again or that's it and what is the in point
what do u mean ?
Posted by Doghouse Joe on :
i would love this thing to close above .0044 and gap up Monday.
Posted by dreamer_rick on :
guys should we buy I mean do u think it will have another run on monday and what is the entry point now
Posted by Malloy on :
Definitly on gappers list now.
Dreamer, what i mean is, you buy and sell following the rollercoater day chart.
Posted by GVMOORE on :
I talked to the contact person early afternoon and was told they were also in the dark for a reason for vol and price spike. Holding. Have a good one.
Posted by mizzou7 on :
Friday, June 24, 2005
Congratulations!!! ……Bentley Commerce Corp. Up over 200% today
(OTCBB: BLYC)
(click here..OTC Volume Most Active List..click here)
Bentley Commerce Corporation. -- BLYC – is new to StockMarketNewsAlert.com and is poised to become a significant player in the Trade Barter Industry!
(BLYC) has been breaking volume records!!! It looks like BLYC is moving onto the Wall Street “Radar”….. Pay Attention to this one….
This could be huge news for investors! Keep your eyes open for future developments!
About Bentley Commerce Corporation:
Bentley Commerce Corp. has created the world's largest online collaborative barter marketplace. Through the Company's development of seamlessly integrated online barter services, barter transactions can be processed over the Internet or at a merchant terminal at the point of purchase in real time, using the Company's proprietary "VirtualBarter" software. Bentley intends to serve as a clearinghouse for barter trades for Fortune 500 trading partners; scores of barter exchanges that serve companies of all sizes; corporate barter companies that serve large multinational corporations, trade associations, chambers of commerce and their member companies.
Posted by stevo on :
This should be fun to watch on Monday, if it plays out like it did on Friday!
Posted by NomarKash on :
Bentley Commerce Has Record Trading Day as Most Active Stock and Second Highest Percent Gainer on OTC Bulletin Board Monday June 27, 6:00 am ET
SARASOTA, FL--(MARKET WIRE)--Jun 27, 2005 -- Bentley Commerce Corporation (OTC BB:BLYC.OB - News) (www.bentleycommerce.com), the leader in Internet-based barter and trade, broke all company records when 169.7 million shares traded on Friday, June 24, 2005. On this date, BLYC was the most actively traded stock on the Over-the-Counter Bulletin Board, as well as the day's second largest percent gainer on the OTC-BB, with a 200 percent same-day increase in BLYC's share price.
"Bentley Commerce has traded actively and attracted a great deal of investor interest," said Bruce Kamm, CEO. "Historically, the company has averaged a trade volume of approximately 3 million shares a day. We have previously had some days when the trading volume surpassed 20 million shares. The trading volume and relative increase in share price on the previous trading day was unprecedented in the company's history."
Posted by Malloy on :
Gapping!
Posted by NomarKash on :
This is primed for a huge pop this morning!
Posted by Malloy on :
Big fight going on now...if we break .0038, we're flying again.
Posted by stevo on :
looks like it might be bouncing back up
Posted by mizzou7 on :
Monday, June 27, 2005
Bentley Commerce Has Record Trading Day as Most Active Stock and Second Highest Percent Gainer on OTC Bulletin Board
Bentley Commerce Corporation (OTC BB: BLYC) (www.bentleycommerce.com), the leader in Internet-based barter and trade, broke all company records when 169.7 million shares traded on Friday, June 24, 2005. On this date, BLYC was the most actively traded stock on the Over-the-Counter Bulletin Board, as well as the day's second largest percent gainer on the OTC-BB, with a 200 percent same-day increase in BLYC's share price.
"Bentley Commerce has traded actively and attracted a great deal of investor interest," said Bruce Kamm, CEO. "Historically, the company has averaged a trade volume of approximately 3 million shares a day. We have previously had some days when the trading volume surpassed 20 million shares. The trading volume and relative increase in share price on the previous trading day was unprecedented in the company's history."
About Bentley Commerce Corporation:
Bentley Commerce Corp. has created the world's largest online collaborative barter marketplace. Through the Company's development of seamlessly integrated online barter services, barter transactions can be processed over the Internet or at a merchant terminal at the point of purchase in real time, using the Company's proprietary "VirtualBarter" software. Bentley intends to serve as a clearinghouse for barter trades for Fortune 500 trading partners; scores of barter exchanges that serve companies of all sizes; corporate barter companies that serve large multinational corporations, trade associations, chambers of commerce and their member companies.
Bentley Commerce Corp. Up ANOTHER 17% TODAY AND 200% ON FRIDAY
(OTCBB: BLYC) click here
(OTC Volume Most Active List) click here
Bentley Commerce Corporation. -- BLYC – is new to StockMarketNewsAlert.com and is poised to become a significant player in the Trade Barter Industry!
(BLYC) has been breaking volume records!!! It looks like BLYC is moving onto the Wall Street “Radar”….. Pay Attention to this one….
This could be huge news for investors! Keep your eyes open for future developments!
Get the word out...
mizzou7
Posted by NomarKash on :
Looking good.
Posted by Malloy on :
Another good day at the office :-))
Posted by NomarKash on :
I can't believe its up another 100% today.
Posted by NomarKash on :
Why aren't more people playing this stock? Easy profits.
Posted by EverGreen on :
big wall is .01 then .016 then .028
not daytraders are waiting the 01 to enter longs don't care because are already loaded (potential is huge - IF the co. is honest)
quote:Originally posted by NomarKash: Why aren't more people playing this stock? Easy profits.
Posted by tupac on :
after .007, there are no mms until .0095, go go go
Posted by tupac on :
someone just bought 1.5mil at once
Posted by dreamer_rick on :
did it reach .061 really ...cuz I can see the high of the day is .061 in the chart
Posted by tupac on :
fat finger
Posted by tupac on :
all these sellers got shaken and gave the mm's something to work with
Posted by Malloy on :
Everybody having fun today!!!
:-))))))))))))
Posted by Upside on :
I think mizzou7 finally got the word out.
Posted by mizzou7 on :
The word is out.........
Congrats to all that held on as I did.............. Dollars are finally being made by the shareholders...........
This could be the biggest mover this week........ be prepared............
Get the word out...
mizzou7
quote:Originally posted by Upside: I think mizzou7 finally got the word out.
Posted by mizzou7 on :
Tuesday, June 28, 2005
UP OVER 600% Since Friday Bentley Commerce Corporation. -- BLYC – is New to StockMarketNewsAlert.com
Bentley Commerce Has Record Trading Day as Most Active Stock and Second Highest Percent Gainer on OTC Bulletin Board
Bentley Commerce Corporation (OTC BB: BLYC) (www.bentleycommerce.com), the leader in Internet-based barter and trade, broke all company records when 169.7 million shares traded on Friday, June 24, 2005. On this date, BLYC was the most actively traded stock on the Over-the-Counter Bulletin Board, as well as the day's second largest percent gainer on the OTC-BB, with a 200 percent same-day increase in BLYC's share price.
"Bentley Commerce has traded actively and attracted a great deal of investor interest," said Bruce Kamm, CEO. "Historically, the company has averaged a trade volume of approximately 3 million shares a day. We have previously had some days when the trading volume surpassed 20 million shares. The trading volume and relative increase in share price on the previous trading day was unprecedented in the company's history."
About Bentley Commerce Corporation:
Bentley Commerce Corp. has created the world's largest online collaborative barter marketplace. Through the Company's development of seamlessly integrated online barter services, barter transactions can be processed over the Internet or at a merchant terminal at the point of purchase in real time, using the Company's proprietary "VirtualBarter" software. Bentley intends to serve as a clearinghouse for barter trades for Fortune 500 trading partners; scores of barter exchanges that serve companies of all sizes; corporate barter companies that serve large multinational corporations, trade associations, chambers of commerce and their member companies.
Get the word out...
mizzou7
Posted by Pagan on :
American Bulls has this rated as a Buy-If now...
http://www. American Bulls .com/StockPage.asp?CompanyTicker=BLYC&MarketTicker=OTC&TYP=S
Posted by wannabe_trader on :
Jun 29, 2005 (M2 PRESSWIRE via COMTEX) --Stocks in the News: Raven Moon Entertainment, Incorporated (OTCBB: RVNM), Bentley Commerce Corporation (OTC BB: BLYC), Incode Technologies Corporation (OTC Bulletin Board: ICDT), Nannaco, Incorporated (OTC BB: NNNC)
Raven Moon Entertainment, Incorporated (OTCBB: RVNM) announced on June 20, 2005 that its wholly owned subsidiary Raven Animation, Inc., located at MG Studios in Orlando, plans to produce three "Disney/Pixar style" fully animated low-budget theatrical films with the same technology used in "Toy Story", "Shrek" and "The Incredibles" with a budget of only $1,500,000 per film for the G-Rated movie marketplace, where parents and kids can't wait to buy the next movie ticket. Raven Moon has already produced the music soundtrack and will begin the animation process next month of a 14 minute distribution trailer for "Gina D & The Transistor Sisters"(r) which is the first of three low-budget G-Rated animated family films that will be produced and financed through three limited partnerships that will not dilute the company's stock.
Bentley Commerce Corporation (OTC BB: BLYC), the leader in Internet-based barter and trade, broke all company records when 169.7 million shares traded on Friday, June 24, 2005. On this date, BLYC was the most actively traded stock on the Over-the-Counter Bulletin Board, as well as the day's second largest percent gainer on the OTC-BB, with a 200 percent same-day increase in BLYC's share price. "Bentley Commerce has traded actively and attracted a great deal of investor interest, "said Bruce Kamm, CEO. "Historically, the company has averaged a trade volume of approximately 3 million shares a day. We have previously had some days when the trading volume surpassed 20 million shares. The trading volume and relative increase in share price on the previous trading day was unprecedented in the company's history."
Incode Technologies Corporation (OTC Bulletin Board: ICDT) today announced the execution of a manufacturing agreement with GreenShift Industrial Design Corporation ("GIDC"). Under the agreement, the Company will provide GIDC advanced prototyping services, manufacturing services, and the design and development of assembly lines and other automated manufacturing equipment as necessary for the commercial-scale production of equipment based on GIDC's technologies. The Company expects services under the agreement to commence in July 2005.
Nannaco, Incorporated (OTC BB: NNNC) merger partner, Amenni Inc., announced on June 21, 2005 that Amenni's Zurich Office has reported excellent results from a pilot trial that took place using Amenni's Sport Patch.The Sports Patch was used instead of traditional ice packs by snow boarders and skiers as a first call treatment for joint injuries. The Sports Patch enabled the patients to recover from their injuries both quicker and with less inconvenience to their lifestyle. Amenni is currently applying for the CE-Mark for the Sports Patch, which will allow them to market the product within the European Community. It is anticipated that this will be in place for the 2006 Winter Sports season.
10:30AM: Equities continue to strengthen as buyers rally around a better than expected confidence report. At the top of the hour, the Conference Board showed that consumer confidence in June rose to 105.8 - a three-year high, above expectations of 104.0 and an upwardly revised May figure of 103.1 (from 102.2). Investors are also taking notice of the fact that a two-month (May-June) gain of 8.5% more than offsets the three-month (Jan-April) decline of 7.2%. Bonds, however, have slipped in response to the data, as the 10-year note is now off 11 ticks to yield 3.94% Check out the ************ client page at http://***************.gosynapse.com/default.asp?c=1808 to reference other impressive companies we are currently working with.
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OTCBB: CYBL and OTCBB: BRVO gave up some of their extraordinary gains on Tuesday on some profit taking; CYBL down 29.81% and BRVO down 22.51%. We believe this was not necessarily an unexpected correction after some amazing runs by both stocks.
Cyberlux Corporation has created breakthrough lighting technology that provides the most energy efficient and cost effective lighting solutions available today. Several products are designed to address emergencies such as power outages or critical security lighting needs. Others bring newly developed heatless light into the home for use in closets, cabinet interiors and under cabinet lighting for kitchen counters. Cyberlux uses solid-state semiconductors, trademarked as its diodal(tm) lighting elements, which consume 92 percent less energy than incandescent elements and perform for over 20 years in contrast to 750 hours for traditional bulbs.
Bravo! Foods International Corp. develops, brands, markets, distributes and sells nutritious, flavored milk products throughout the 50 states, Mexico and nine Middle East countries. Bravo!'s products currently are available under the brand name Slammers , and can be purchased in retail outlets throughout the country and international markets. Bravo! Foods' Slammers line is now available at more than 30,000 stores nationwide.
BRVO NEWS:
June 28 - Bravo! Foods Ships Slammers to Shaw's Supermarkets - Six Flavors Offered in More than 200 Stores Throughout the Northeast
Bravo! Foods announced Tuesday that it has shipped six flavors of its popular Slammers(R) milk drinks to all Shaw's Supermarket stores.
Bravo!'s popular flavors of Milky Way(R) Slammers(R) and 3 Musketeers(R) Slammers(R) fortified milk drinks will be available in more than 200 stores throughout the Northeast and New England.
Bravo! CEO Roy Warren said, "We are excited to introduce Slammers(R) to the Northeast with shipment of our Slammers(R) to one of the largest grocery retailers in the region. Shaw's, a division of Albertsons, Inc., has more than 200 stores in six New England states. We look forward to establishing a valued long-term relationship with this successful chain and other convenience store and grocery retailers throughout the region."
Bravo!'s Slammers(R) come in 14oz. shelf-stable bottles that can be stored without refrigeration for up to six months. The long shelf life and ambient temperature storage capability is due to a combination of unique processing and packaging, accomplished without compromising taste. Shaw's will offer six flavors of the great tasting, single-serve Slammers(R) in its refrigerated dairy section.
OTC STOCK WATCH
BENTLEY COMMERCE CORPORATION (OTCBB: BLYC) - "Up 129% on Tuesday on 163.2M shares traded"
Bentley Commerce Corp. has created the world's largest online collaborative barter marketplace. Through the Company's development of seamlessly integrated online barter services, barter transactions can be processed over the Internet or at a merchant terminal at the point of purchase in real time, using the Company's proprietary "VirtualBarter" software. Bentley intends to serve as a clearinghouse for barter trades for Fortune 500 trading partners; scores of barter exchanges that serve companies of all sizes; corporate barter companies that serve large multinational corporations, trade associations, chambers of commerce and their member companies.
BLYC NEWS: June 27 - Bentley Commerce Corporation, a leader in Internet-based barter and trade, broke all company records when 169.7 million shares traded on Friday, June 24, 2005. On this date, BLYC was the most actively traded stock on the Over-the-Counter Bulletin Board, as well as the day's second largest percent gainer on the OTC-BB, with a 200 percent same-day increase in BLYC's share price.
"Bentley Commerce has traded actively and attracted a great deal of investor interest," said Bruce Kamm, CEO. "Historically, the company has averaged a trade volume of approximately 3 million shares a day. We have previously had some days when the trading volume surpassed 20 million shares. The trading volume and relative increase in share price on the previous trading day was unprecedented in the company's history."
SAFE TRAVEL CARE, INC. (OTCBB: SFTV ) - "Up 82% on Tuesday on 41.2M shares traded"
Safe Travel Care, Inc. Formerly known as Presidential Air Corporation. The Group's principal activity is to provide travel protection services with specialization in the development, marketing and sale of travel insurance products and services to the North American traveler. The products of the Group are the "Secure" and "Secure Plus" travel protection insurance plans. The travel protection plans focus on worldwide emergency medical evacuation and 24-hour emergency assistance with such essentials as trip cancellation reimbursement, travel delay, baggage delay, lost baggage compensation, medical/dental expense coverage, flight insurance, and accidental death benefits for a nominal cost per travel day.
American Oriental Bioengineering is a leading Chinese biotechnology company that uses proprietary processes for producing soybean protein peptide more efficiently than traditional extracting techniques. These techniques are used to manufacture and formulate supplemental and medicinal products. Soybean peptides are used widely in general food, health food products and medicines, among other applications. AOBO also produces Cease-Enuresis Soft Gel, the only Chinese FDA-approved first grade, prescription medicine that is specially formulated to help alleviate bed-wetting and incontinence. The Company is a leading producer of products in both the nutriceuticals and pharmaceuticals areas in China. For more information, visit http://www.bioaobo.com.
AOBO News:
June 28 - American Oriental Bioengineering, Inc., a rapidly growing Chinese company which produces and distributes a broad range of pharmaceutical and nutraceutical products, announced today that recent marketing initiatives for Heilongjiang Songhuajiang Pharmaceutical Limited (HSPL), its recently acquired subsidiary, have generated $2.5 million in new orders. For more than 50 years, HSPL has played a leading role in the Chinese pharmaceutical industry. Its focus on R&D resulted in proprietary products such as Shuanghuanglian Lyophilized Powder Injection. The product is an antiviral medicine and a most highly regarded herbal products approved by the China FDA for the treatment of SARS.
The Company recently held a series of promotional meetings in eight provinces and municipalities throughout China, including Heilongjiang, Hebei, Henan, Anhui, Xingjaing, Hunan, Guangdong, Guangxi, Beijing, Tianjing. In these meetings, AOBO's technical and sales and marketing staff hosted agencies, distributors and customers to enhance awareness of HSPL's products. Over 4,150 distributors attended.
"Since acquiring HSPL we have taken several significant initiatives to expand its revenue base," said Tony (Shujun) Liu, AOBO's Chief Executive Officer. "As a private company, we have begun several marketing programs to capitalize on the extensive investments that HSPL has made in product development. We have also increased our customer base through expanded distribution channels, as demonstrated by the strong attendance at our recent meetings. We believe that HSPL's unique product line affords AOBO a competitive advantage in the market, and we plan to capitalize on many of its innovative products through further marketing activities in the second half of the year."
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Get the word out...
mizzou7
Posted by mizzou7 on :
bellwetherreport.com: The Bellwether Report is closely watching Bentley Commerce Corp.
Wednesday, June 29, 2005 03:14 ET
Jun 29, 2005 (M2 PRESSWIRE via COMTEX) --Today the Bellwether Report has identified Bentley Commerce Corp. (OTC:BLYC), a company that our analysts will be tracking over the ensuing weeks. They recently came out with a significant corporate development this month, causing a positive market correction. For a full report on the below mentioned company, and many more, feel free to visit www.bellwetherreport.com for a free 30 day no obligation trial.
Bentley Commerce Corp. is the lead provider of internet barter enabling services giving companies the ability to trade their nonperforming or underperforming assets at full value for the products and services they need. Today we saw the company had gapped up to $0.0038 for an almost 27% gain overnight, with volume over 30 million in the first 30 minutes of market open.
The company started seeing these significant gains on Friday when they traded 169.7 million shares making them the most actively traded stock on the Over-the-Counter Bulletin Board and the second largest percent gainer on the OTCBB posting a 200 percent increase in Fridays trading alone.
So, why the huge gain...
To view the full unbiased report on Bentley Commerce Corp. (OTC:BLYC), feel free to visit our site. This article and many more are available for review under the Today's Articles Section. No credit Card Needed!! The Bellwether Report will continue scanning the markets for true emerging growth opportunities that will show subscribers optimal entry points with profitable exit points. If you are interested in receiving more information on feel free to sign up for a 1 month complimentary subscription to the #1 online investment resource www.bellwetherreport.com.
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Get the word out...
mizzou7
Posted by mizzou7 on :
Thoughts for this week????
Posted by knobula2 on :
nice opening... up 22% at the moment at 0.0059.. lots of buys... still early..
Posted by Malloy on :
Moving nice again today :-)
Posted by wannabe_trader on :
From Ebay message board @ yahoo
-------------------------------
EBAY may consider ... by: vip_speculator 07/05/05 11:25 am Msg: 548754 of 548784
... buying Bentley Commerce (BLYC.OB).
You see, EBAY is a global marketplace with a C2C business model. BLYC has a B2B business model, where companies meet to buy and sell goods they don't need anymore. As EBAY, BLYC gets a fee for every transaction and a corporation must pay a monthly fee to trade their spare goods there.
The stock is a penny stock, which had very few revenues until a few months ago. According to the fiscal third quarter results, revenues were up 2196% and costs were reduced by 43%:
After buying Shopping.com EBAY will probably notice this small company successfully providing a global marketplace for B2B transactions.
No wonder this small stock is up 25% today and the chart is so appealing ... the company is much better than a year ago and the stock price is some 80% below a year ago. I believe we have a sure 10 bagger here. But do your own DD, this is just a trading idea and the stock price will probably carry a lot of volatility as it rises.
Item 3.02 Unregistered Sales of Equity Securities The following sets forth certain sales of unregistered securities since the Company's last periodic report. These securities were issued without registration in reliance upon the exemption provided by Section 4(2) of the Securities Act of 1933 and/or Regulation D.
On June 30, 2005, the Board of Directors accepted a subscription from Naveed Salem for the issuance of 5,000,000 shares of unregistered and restricted common stock at a price of $.0009 per share. This issuance was intended to be exempt from registration under section 4(2) of the Securities Act of 1933.
Posted by Doghouse Joe on :
wannabe
1st let me say i like this stock, however WHY would Ebay buy BLYC?
while the BLYC concept is interesting - where are the revenues? sure their revenues are up 2000% but that is inflated since the revenues are going from something like $1,000 to $27,000.
i had spoken with brucekamm months ago and asked him why the low revenue GIVEN they purport the $500 million dollars worth of goods available in their barter network. I asked this because if i take the $27,000 of revenue and divide by the $500mm in goods it represents a measly measly .0054% take (yes that is .000054).
He said "while there are over $500mm of goods in the network, it all doesn't sell". I forget what he quoted me as to BLYC's percentage take if a barter sale occured, but from what i remember it was tiny.
As for Ebay, it has millions of actual C2C transactions occurring generating real bigtime revenues. so i say again, why would Ebay buy this business since the revenues are not proven.
and if you were a company interested in B2B, why wouldn't you sell your excess goods on Ebay and get "real cash" not "trade dollars"
the only reason i can think of is maybe they want to be the world leader in "all trade" and this is some avenue to get to that goal. (please don't latch onto this as the reason - it is only speculation based on a show i saw on TV on "behind the scenes with ebay"
again, i liked this idea, and bought shares, so i am just looking for answers, not speculation.
Posted by Runamuck on :
I think the idea of this company is awesome this could turn into something huge..
Posted by Doghouse Joe on :
runamuck
very insightful. give me your reasons
Posted by Runamuck on :
I think bartering will become bigger and bigger is all. Lots of companies have services to offer other companies or goods and trading is good leaves your cash flow free to do other things.
Posted by Doghouse Joe on :
"it leaves your cash flow free to do other things"
Not necessarily - do you know anything about barter.
Posted by Malloy on :