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Penny Stock Forum Penny Stocks are low-priced issues, often highly speculative, selling at less than $5 a share. Penny Stocks are traded on pink sheets and the OTCBB

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  #1  
Old 08-18-2008, 10:01 AM
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Default BSTI...Brite Strike... Penny Stock

Guys keep an eye on this one. There are two huge promoters about to push this stock and I got an alert last night. I'm in @ .35 but only for a lottery ticket quick hitter.

Here is a little info: Be sure to note that I highly question the share structure.

The alert:

####### has received multiple emails this weekend from a couple of well known promoters in regard to BSTI. We are only passing this on because of the unique share structure that we have discovered. According to Pink Sheets
Outstanding Shares
85,140 as of Jul 30, 2008

We are fairly certain that this number has probably increased over the last 2 weeks, but feel that this one will be worth watching. We predict a pretty good gap Monday morning and would caution all that attempt to play this one to not get caught in that gap trap. BSTI is on our watch list and if the opportunity is there we will probably step up and roll the dice on this one.

BSTI is currently trading a .30
################################################## ##


BRITE-STRIKE TACTICAL ILLUMINATION PRODUCTS, INC. TO BECOME A FULLY REPORTING OTCBB COMPANY

Brite-Strike Tactical Illumination Products, Inc. (Pink Sheets: BSTI - News), a leader in the design of advanced, high-intensity LED (light-emitting diode) tactical flashlights and personal protection systems for the military, law enforcement and consumer markets, announced today that it has begun the process of becoming fully reporting company OTC:BB by completing its 15C-2-11 Information and Disclosure Statement for filing on the Pink Sheets website.

“Brite-Strike can reach a greater investor audience, further its strategic goals and enhance shareholder value by becoming a fully reporting company,” said Glenn Bushee, president of Brite-Strike Tactical Illumination Products, Inc. "We have the infrastructure in place to make this move, and I believe it is an important step for us to take as we begin to execute the early phase of our strategic business plan to drive growth and market reach of our unparalleled, non-lethal protection devices to an increasing number of police, military and civilians.”

Designed by police officers, the company’s high-performance flashlights use cutting-edge Philips Lumileds Luxeon® technology to produce 198 lumens of ultra-bright light that can disorient and temporarily impair the vision of an attacker. Brite-Strike’s Tactical Blue-Dot™ Series is currently used by various government agencies, the military, SWAT teams and other law enforcement officials. Its patented Lightning Strike™ Personal Protection System thwarts potential attackers with a combination of a high-intensity flashing strobe light and a super loud ear piercing personal alarm, specifically designed for women, seniors, students and other private citizens seeking an easy-to-deploy personal protection system.

Previously, Brite-Strike’s line of protection products had only been available by word-of-mouth, the company’s website, or several high-end catalogs, including Frontgate and Herrington. Recently however, retail giants such as BJ’S Wholesale Clubs, Amazon.com and Lowes.com have agreed to join the growing number of retail channels carrying Brite-Strike.

About Brite-Strike Tactical Illumination Products, Inc. (BSTI.PK)

Brite-Strike Tactical Illumination Products, Inc. was started by two police officers to create world-class tactical LED flashlights that had the features that police officers and citizens need to keep them safe. Brite-Strike makes a promise to always use the latest technology, world-class components, highest design and manufacturing standards, so consumers can rely on Brite-Strike products when they are needed. For more information on the Brite-Strike product line, please visit: POLICE FLASHLIGHTS PERSONAL PROTECTION TACTICAL FLASHLIGHTS : SELF DEFENSE WOMEN CITIZENS POLICE.

For more information on Brite-Strike Tactical Illumination Products, Inc., visit: QualityStocks
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  #2  
Old 08-18-2008, 10:20 AM
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Default Re: BSTI...Brite Strike... Penny Stock

More DD:

Pink Sheets | Quotes, Company Info, Filings, News, Short Interest - Brite-Strike Tactical Illumination Products, Inc. - BSTI

Quote:
Estimated Market Cap
25,542 as of Aug 15, 2008
Outstanding Shares
85,140 as of Jul 30, 2008
Authorized Shares
100,000,000 as of Jul 30, 2008
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Old 08-18-2008, 01:59 PM
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Default Re: BSTI...Brite Strike... Penny Stock

I can't bring myself to believe that the share structure is correct but even if its a little larger it still moves very quickly.


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Old 08-18-2008, 03:00 PM
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Default Re: BSTI...Brite Strike... Penny Stock

There's no way that's correct! Impossible, the daily volume seems to confirm IMO.
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Old 08-18-2008, 09:34 PM
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Default Re: BSTI...Brite Strike... Penny Stock

They pumping it up to dump shares maybe?

You can read the 2 headlines put out today under Other News Sources here:
Pink Sheets | Quotes, Company Info, Filings, News, Short Interest - Brite-Strike Tactical Illumination Products, Inc. - BSTI
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Old 08-18-2008, 10:29 PM
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Default Re: BSTI...Brite Strike... Penny Stock

Quote:
Originally Posted by sg1efc View Post
They pumping it up to dump shares maybe?

You can read the 2 headlines put out today under Other News Sources here:
Pink Sheets | Quotes, Company Info, Filings, News, Short Interest - Brite-Strike Tactical Illumination Products, Inc. - BSTI
They are paid to promote the stock so that someone can dump. They could be paid with shares to dump. Either way it will run its course in a few days and then more than likely fall hard.
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Old 08-18-2008, 11:15 PM
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Default Re: BSTI...Brite Strike... Penny Stock

Quote:
Originally Posted by Aufan 1983 View Post
They are paid to promote the stock so that someone can dump. They could be paid with shares to dump. Either way it will run its course in a few days and then more than likely fall hard.
Yep, that's what I was thinking... thanks to SMC staff's previous posts about such penny stock paid promoters.
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