BLT - Blis Technologies

[brucea]

Emearg, I WILL try that Blis ice cream as soon as I can organise myself to get to the supermarket in the city that sells it.... I believe it is low fat which will be good

[GR8DAY]

.....well I cant see the SP going anywhere for a while (apart from down maybe), over 3,000,000 for sale now at 3.5c or less!!

[croesus]

Quite a volatile.... I have a buy order in at 2.5c for 230,000....very hopeful of filling it

[CJ]

.....well I cant see the SP going anywhere for a while (apart from down maybe), over 3,000,000 for sale now at 3.5c or less!!

There are a lot of sellers at 3.5 (2m of your 3m) which is the barrier that needs to be pushed through. Remember that 3m shares is only $100k - that's only 20 buyers wanting a small holding of $5k (which if you buy any less, what is the point!).

3.5 will be hard to break as my guess is others may jump in and profit take if holds up there for a while.

[GR8DAY]

.....yep Croesus you've probably pitched that order about right I think. With the 3mill overhanging the market now they could just start drifting south for a while.......but then what would I know??

[CJ]

Quite a volatile.... I have a buy order in at 2.5c for 230,000....very hopeful of filling it

Not sure many will want to sell that low, given there have been plenty of opportunity to get out higher than 3c.

The biggest risk is the overhang of the forced sale of small shareholders. It will be interesting to see how that is managed, or if they are just dumped on the market. Is there any history of this for such an illiquid stock?

Just did the calculation: 170,825,655 x 1.73% (representing the small shareholders) = 2,955,283 shares or about $100k worth in the 3c range. Not as bad as I though as I assume some would top up and some would donate to Curekids who will probably hold them for a period of time.

[garfy]

Ok, I've been a skeptic for some time now, but I'm prepared to suspend disbelief and take a closer look. I remain unconvinced that it is going to be a great performer, but I have seen some signs that the company may have turned the corner and is starting to commercialise its IP.

I am very definitely in accord with SparkyTC. I have been a skeptic for some years, but over the past decades I have been seriously reconsidering the whole question re probiotics.

With reference to dental decay - 1) If you didn't eat, you would die - with perfect teeth - teeth are seriously affected by what you put in your mouth. 2) If there were no bacteria in your mouth - impossible - you would have perfect teeth. The relationship between teeth and diet has been known, and 'taught', for years - the bacterial flora is influenced by what you put in your mouth. To be brief - a sweet diet encourages sweet-eating bacteria, the more you feed them, the more they thrive, and the end-product of these bacteria is acid. The pH of saliva from a sweet-eater is very low - very acidic - and that acid etches into the enamel in a mainly chemical way. A low- or no-sweet diet starves the acid-producing bacteria, reducing very markedly the amount of acid produced orally, and the chances of dental caries incidence is very largely reduced, if not totally. The 'perfect' diet does work.

One other way of approaching the problem is to alter the types of bacteria in a mouth - using 'safe' bacteria - probiotics. Whilst I do not believe they would be affective in high sweet diet, I do now favour the idea of helping a good average diet with the addition of 'friendly' bacteria, literally shutting out the acid-producers, firstly by starving them, and secondly by crowding them out. From a dental perspective I do believe these products would be effective.

For throat, and bad-breath - again, this product deserves some thought.

So, having put my money where my mouth is and bought a modest (by some standards) parcel of shares, I do hope this company does well - not just for my pocket, but if you saw the front page of the Sunday Star Times..... The scourge of dental decay is returning.

How to put this product forward to the public.... I certainly am not convinced by little blue bugs dancing on a seesaw, even although it does get the idea across.

And who wants dentures anyway.

garfy

[neopoleII]

well, i been reading the great new and massive rise in sp and all the hype that has surrounded blt for the last week or so and i have sat on the sideline figuring out what going on.
so here is my cynical view.
i wasnt that long ago that the sp was around 4-5 cents. then the board..... who work for us the shareholders...... wanted to delist. why? some say to save money.
i think to make it easier for the major sh to acquire more shares to take over point without making ssh notices.
so that failed....... and the sp plunged by 75 % in a very short time just as the options were due and the majority sh got himself a massive number of very cheap conversions.
so post conversion... one entity hold close to take over share of the stock...... and low and behold our dear board decides in the interest of shareholders that those with under 20000 shares have to top up or be dumped from the registry. so those that wish to top up have to fight for the small percent of shares available on the open market.
those that dont care and will lapse will be soaked up by the majority holder.
in my opinion it seems that the board is making decisions to favour the majority holder while leaving a door open for the smaller punters to make it all "fair business like"
so we have a $20mil company with 500k turnover and 1million plus loses year in and out....... and a registry being diluted at at a large percentage.
the board have also stated that they need more cash in the coming months.
so.... why the sp rise we are seeing now?
speculation by traders?...... small numbers mean small profits.
hopeful dreamers? .... maybe..... penny dreadful stuff.
loyal holders from the 1 dollars days topping up..... more than likely.
the majority holder "pushing and pulling the sp"?
the company is on to a big deal and the news is has leaked out?.... lol
something is going on, and my guess is the original shareholders and the newbe holders will be the last to know.
my "gutometer" is reading stinkypoo.
time will tell when the new list of shareholders comes out after the cull.
the real test of value when the board askes for a new cash injection in several weeks.

ps..... still hold.
still like the products.
still dislike the board and its games
these are my views only and since i use the annual reports to light my fire, i would not use my views to buy or sell these shares, but i have been a holder for over a decade and see things others might not.

however a rising sp is increasing my value...... even though on paper only. whats 3/4 of a billion share times 23 cents worth? thats my breakeven point.... and exit....lol

[neopoleII]

i tried to work out the value of the number of shares on the registry times 23cents, but my calculator cant handle the number of shares, so with pen and paper and a beer i got somewhere near to $160million. this would equate to massive world wide sales. so it is possible...... but not in the near term...... which means more dilution in share volume in the near term.
look forward to seeing results in a couple of months.
till then back to the sidelines for me.

[CJ]

Here come the sellers!

A couple more at 3.4c which is nothing more than profit takers. Given people topped up at 0.7c, that quick profit must be hard to resist (5 bagger).

Starting to think it will take some good news to push through the 3.5c barrier as without it, profit taking will hold it back