BIGToken Inc (CE) (BGTK) News

Actual link.

https://www.bigtoken.com/bigtoken-triples-lead-gen-in-college-residential-market-at-virginia-tech/

It's an interesting read. I see a number of different plays on how they rolled this out. Only a matter of time.

Read Press Release regarding Virginia Tech apartment business April 24

Good info. Thank you.

Not necessarily.

Monetizing stocks means converting them into sources of revenue. This can be done by taking out a loan with the stocks as collateral. Monetization is a way of unlocking the economic value of an asset. In the banking sector, monetize may be used to mean the process of turning an asset into legal tender.

Without the updated financials we are simply guessing. To the best of my knowledge, they have limited opportunities if they are trying to raise capital against stock that doesn't have updated financials. I have a lack of knowledge when it comes to a publicly traded company and its financing options when it comes to using its stock.

Once the merger is complete with SRAX we might get a LITTLE insight on BigT. However, I'm not holding my breath.

I recall reading that SRAX monetized their BIGToken stock. Does that mean they sold the stock?

Indeed, SRAX was providing loans to BIGT and held shares. It remains unclear whether these loans are still on SRAX's books or if they still possess BIGT shares. Intuition suggests they might still hold shares, yet the performance of the business model is uncertain. If the shares have been returned to BIGT, it would be an unexpected development based on the available information and the clients I've seen signed up at this point.

Until the terms of the merger and the updated financials are disclosed, we cannot ascertain what assets DNA will acquire. Shareholders will eventually receive updated financials for BIGT, as BIGT is actively advancing the business plan.

The downside is that we're lacking current financial updates. On the upside, SRAX is emerging from adversity, and BIGT is acquiring new clients without issuing additional stock.

I recall SRAX at one time held a several million shares of BIGT stock. do they still have them and how does that figure in with the SRAX merger with DNA? How will BIGT be affected, if at all, by the merger and what will it mean for those of us who own BIGT stock. Your expertise is respected.

Thx for the info
encouraging, maybe good times are coming!

DC, I have had SRAX up as one of my Level II screens for some time now. While they were delisted due to a lack of financial filings, I've been keeping a close eye on them since they are the parent company in hopes to see them come back.

I find this merger interesting in that SRAX is currently delisted. While we don't know the terms of merger it's interesting that Christopher Miglino has taken this path as opposed to bring the company current. It leaves me thinking that either he sees more value in Big T and wants to turn all his focus to it. Or is he laying the groundwork to pull DNA and its ties to Bitcoin to Big T.

We know DNA holds 35% of SRAX and didn't walk away under this merger, which means they see value in SRAX. I just find the timing of the merger given the company isn't current with fins a little interesting. This is not normally how a merger works.

Considering SRAX is traded in the Greys and for the first time in nearly a year, it is starting to trade is again showing its not dead.

About DNA

DNA is The Financial Institution of The Future. They are a global leader in the web3 ecosystem and other breakthrough technologies including AI, Longevity, Space and Infrastructure. Through their multiple investment funds they make early to later stage investments in cutting edge projects. DNA also provides various services to companies as well as decentralized projects , while creating world class community events that educate and inform investors.

One has to ask if DNA doesn't at some point merge with Big T? Just a thought.

Give us an example, please. Thank you.

Interesting news out today on SRAX the parent company of Big T.

SRAX is to merge with DNA who already holds 35% of the common shares. Given BGTK is signing new customers, there are a number of ways we could see this play out for the shareholders here.

Thanks for your response and encouraging comment.

Anything is possible.

Check how Brite Pool merger created a link between BIGToken and WPP plc
is there a potential WPP purchase of BIGToken?

I'm more impressed by how they are working to right this ship without having to relist the stock into the OTC structure in order to raise capital. The main reason you see companies in the OTC market is they need capital by selling stock. Capital that is nearly impossible to find at this time with the credit markets upside down. A LOT of companies have been wiped out over the last 2 to 3 years. Big T was one of them.

The greater play would be to first right the ship (financials) and build the brand, followed by relisting the stock. They understand this path, since they did it under Force Protection.

While selling the company could be in play, it's more likely they need to first build a foundation of clients to show they have a real business model in order to create value.

Yes, I'm impressed that this stock is still very much in play. Once they get around at updating their financials and relisting this stock, it will become fun to watch.

Check how Brite Pool merger created a link between BIGToken and WPP plc
is there a potential WPP purchase of BIGToken?

Anyone: Given history of GS's business background - is it feasible that BIGToken will be purchased by WPP plc?

It is interesting to see who is following Big Token on their linkedin account. Noted that Meta is following what is being developed.

https://www.linkedin.com/feed/update/urn:li:activity:7182044345372422145/?origin=NETWORK_CONVERSATIONS&midToken=AQHu_3-phuoFGw&midSig=12apDLHFfyxrc1&trk=eml-email_network_conversations_01-update~card-0-thumbnail~overlay~image&trkEmail=eml-email_network_conversations_01-update~card-0-thumbnail~overlay~image-null-fqfh9t~luqdooa9~mh-null-null&eid=fqfh9t-luqdooa9-mh&otpToken=MWIwMDFmZTMxYTJhYzFjY2I1MjQwNGVkNDcxY2UyYjA4OWNlZDY0MDljYTc4NjYxNzljNTA5NmM0ODU5NTVmNWYzZDRkZmUxNThiNWZkZDU2NDk5ZGZkNWIwODQwM2EwMzIwYzJjZGZjMjgxZWI2MzFiN2I0MywxLDE%3D

They kept signing clients.

Ice Rink x Restaurant-Brewery: Partnering for success with BIGtoken!

Even amidst a snowstorm, the pilot program achieved a remarkable 15% sign-up rate, solidifying the power of data-driven collaboration.

https://www.linkedin.com/feed/update/urn:li:activity:7176608533335920641/?origin=NETWORK_CONVERSATIONS&midToken=AQHu_3-phuoFGw&midSig=2rW6eKF7ExdXc1&trk=eml-email_network_conversations_01-network~post~cta-0-read~more&trkEmail=eml-email_network_conversations_01-network~post~cta-0-read~more-null-fqfh9t~lu6diqj5~dr-null-null&eid=fqfh9t-lu6diqj5-dr&otpToken=MWIwMDFmZTMxYTJhYzFjY2I1MjQwNGVkNDcxZmU0Yjc4OWNhZDI0OTllYWM4ODYxNzljNTA5NmM0ODU5NTVmNWYzZDRkZmU1NzhjNmUxY2I1MGEzZWVhYWY4MmQyODIxMjMzODFlMzFlM2RhYWE0NGRjN2NkOSwxLDE%3D

what happened to my post?

Coming up on end of first quarter. Maybe some news during April. lol

Anything new on this stinker?

December 31 ends 4th quarter for BIGToken fiscal year. Maybe the company will have some good news to share with stock holders.

Until we get updated financials recorded with the SEC and they bring us current, we have no way of knowing.

In the past, can't recall how long ago a stockholder exchanged 149B common shares for preferred shares and the common shares were to be retired which never happened. Does anyone recollect and know why the common shares were not retired. If they had followed thru wouldn't the outstanding shares have been reduced accordingly.

The company has been providing updates on the customers using the new software with some interesting results on its Linkedln account. I find it interesting that they have to be generating income from somewhere to cover the overhead costs. Having an employee count of over 50-employees isn't cheap.

Not a reply; a question. In the past, can't recall how long ago a stockholder exchanged 149B common shares for preferred shares and the common shares were to be retired which never happened. Does anyone recollect and know why the common shares were not retired. If they had followed thru wouldn't the outstanding shares have been reduced accordingly. The remaining stockholders would have benefited greatly. Anybody?

I have NO idea what the game plan is or was with the stock. I know we had some here believe it was tied to a token model, which at the time made some sense.

Just going based off the latest info I heard (years ago now) their plan was to RS eventually wiping us all out.

Based on my background, a company would only issue stock to place themselves in a position to raise capital to grow the company, or in the case of a start up, have funding available to bring the brand to market and complete the software and R&D.

Given the company has gone from Web 1 to 3 and has now confirmed the product is ready for "prime time" and has paying customers, all without having completed the RS (No notice has been sent to shareholders), I can't see a need for the RS. What I do see is a better reason to reduce shares and create shareholder value.

I've also noted that SRAX hasn't filed financials and was delisted which is more than interesting to me.

On the flip side. I do believe Dolly is correct about the timing of the RS having expired if my memory is correct.

That being said, we need to see the updated financials, as well as proof of the OS vs AS. My gut tells me that its likely on the radar of the company, now that they have completed the software and have paying customers.

Hard to believe we all went on that wild ride 2-3 years ago now? Glad to see your optimism! I haven’t had a chance to watch the interview yet. I’ll have to check it out.

Just going based off the latest info I heard (years ago now) their plan was to RS eventually wiping us all out. However, this was before the the board was dissolved, most of the company dissolved, sec issues, etc. If the plan has changed since then that would be great!

Still hard to see how the merger which resulted in executives being let go, board dissolving, and delisted works out well in the end. But I’ll take your glass of optimism because what do we have to lose at this point!!

Hope you had a great Thanksgiving IBB

The company has taken no action to dissolve the current stock structure.
Also, the RS time frame has expired and another has not been announced.
Someone please explain if I am incorrect.

Sir M, nice to see you're still hanging in there.

For the first time in a couple of years, I'm more than optimist here.

There is a lot to unpack in the Solana interview. For the first time, we are learning that George's hypothesis of the consumers selling their data is now a reality. He did confirm on the record that they received NINE million users logging in to share their data, that was used by the top Ten consumer groups.

George also provided some insight into the different reasons they appear to have gotten the cart ahead of the horse, which "may" have been the reasoning behind the broad stepping down and the exit of our Bitcoin leader (on the fence with this one). As well as the lack of financial reporting and SEC filings.

On their Instagram profile they list an employee count between 51-200, not bad for a stock that isn't publicly traded.

George has now confirmed that they went from Web 1.0 to 3.0 (blowing past 2.0) and have now launch their revenue model. This of course would be great news for the shareholders here.

Normally I would agree with you on your post. However, I'm still on the fence about the reasoning behind the creation of the shares in the first place, since it may be tied to the Monetarization of the data and the points beginning earned. On the other hand, I still believe the move may be what is called a "poison pill" to prevent the takeover of a small company start up.

Either way, this stock warranties a deeper dive to confirm how to trade or hold once the company deals with the SEC and the needed updates to enable the shareholders to move forward with or without the company.

Bottom line, it isn't over until it's over.

My E*trade account just shows an unrecognized loss and zero value. A number instead of the stock ticker.

Will E*trade automatically realize these losses for me at COB on Dec 31st?

Or will it show these losses forever without giving me the ability to recognize these losses on my taxes?

Or is the hope Bigtoken gets started again and they repay all former stock holders with shares?

Better than nothing I suppose. At this point, best we can hope for is a pump and dump to get price up before RS IMO

For the benefit of anyone still following this company.

Talk #7: The Future of Web3: Exploring the Power of Blockchain and Digital Wallets | OMD RedTalks (simplecast.com)

This interview provides a little insight as to why the company went quiet and where they are right now. If you click on this interview and go to Big Token: 30:38 mark.

Company is NOW at the end stage from Big Token 1.0 (2.5 to 3yrs) Web 1 to Web 3


Quote:
Company is at the end stage of moving Web 3.0, have launched a MVP version to create their own wallets to engage their customers. Product is now built, with a handful of deals live on it now. Working to take this to the existing legacy consumer goods advertisers in play.

Here is the presentation that recently took place in Amsterdam.

Big Token is now 3.0 and is back in play. As for the stock, that's another issue.
The good news is that BGTK is NOT dead.

https://www.bigtoken.com/
video located at the bottom of page.

Is George working on bringing this company back from the dead?

Excited to announce that I’m speaking about hashtag#AdTech, hashtag#Advertising in hashtag#Web3, and How BIGtoken® is changing the advertising Landscape at hashtag#solanabreakpoint2023 this Fall!

I can’t wait to join the hashtag#Solana community and represent BigToken on Oct 30-Nov 3 in hashtag#Amsterdam!

https://www.linkedin.com/company/bigtoken-app/posts/?feedView=all

A number of recent postings on linkedin and BigToken in the last few weeks.

Sorry, not in the loop here. I've given up on the company after the broad members step down.

Any BIGToken news from any source, please share. Thx

Thanks for the update.
Just put this aside and haven't been checking up on it.
A new website is interesting.

Yep! Stay strong and be patient.

Yep! I believe the original plan is continuing and will provide excellent returns for early investors. Stay strong and be patient.

For what it’s worth, their website is completely new… some interesting additions too.

Back to discussion of wallets and nfts and coins…

Anyone who loans money.
Banks, S&L, Credit Unions, Venture Capital, Hard Money lenders, etc.

Given how fast the dollar has been destroyed, we are likely to see a whole new currency structure sooner versus later. One where they completely control you. But that's a whole different rabbit hole.

Remember, never let a good crisis go to waste.

What do you mean credit markets

With BGTK and SRAX now both delisted, this one is done. At this point, there isn't any value left for anyone to sell, IMO.

Personally, I play the OTC market for the crazy potential of finding a penny that runs to mind blowing yields. On the flip side, I also understand the risk that goes with these penny stocks and play several at any time.

Some made good money with the former Force Protection stock. Some of us also lost money when it looked at our penny ran to ten and doubled down when it looked like SRAX had found the golden goose.

Again, the business model looked great, until reality caught up with us. Which is currently playing out in the credit markets.

In the beginning, there was a plan to make some big money and I believe that plan remains in good hands; watch for sudden news and rapid upward trend. That 10 cent run-up was a test balloon. Keep the faith and hold fast. What have we got to lose at this point in time? "I'll be back" gave us valuable insight.

Based on my experience, nothing.

If the company had creditor issues, they would have already filed for bankruptcy long before now. On the other hand, if there was going to have been a "worthless" shareholder lawsuit, it would have likely been filed already. Other than what Big Lou was working on and is likely having second thoughts about now.

This is simply one more investor wet dream that is done and was the day the broad walked away.

There is more to this story and only the insiders will know for sure. Really thought this one was going to happen.

What you hearing Zuti

So what will happen next

Key word "worthless" is correct.

The company would need to fill a BK to wipe the commons out as I understand it. Given they haven't filed "yet" would mean we would need to see someone come along and buy the shell. However, given the SEC just shut it down, I wouldn't hold your breath. Given the shell had little to no value.

The ONLY value that was remaining was the SEC play. Well, it was fun while it lasted.
That's the risk one takes when playing in OTC land. On to the next one.

BGTK shares are no longer traded on that exchange. Where now, don't know. If the company goes out of business, we are screwed. Maybe some deep pockets will see some value and buy the company and restructure it; current shareholders will be entitled to something but anybody's guess what. Maybe the Big Guy has a plan he is not sharing with us. Wishful thinking!

BGTK shares are no longer traded on that exchange. Where now, don't know. If the company goes out of business, we are screwed. Maybe some deep pockets will see some value and buy the company and restructure it; current shareholders will be entitled to something but anybody's guess what. Maybe the Big Guy has a plan he is not sharing with us. wishful thinking!

So what does this mean for the worthless shares we all own?

Thank you, Renee. Tango Uniform is confirmed. Chapter 11 or 13 is probably forthcoming. The investors are gonna be pissed. Oh well, WTF!