Hi Joe,Have not seen any action on Bisa for three days.Are they still kicking?

Tony,

3 days? It's more like no trading for 6 weeks; volume really drying up.

All I know is I stopped "accumulating," about two months ago and everything died.

Actually, Ron is the BISA guru; he should answer your question.

Ron?

From what I read on Bigcharts.com, BISA got kicked off the Bulletin Board and dumped onto the pink sheets; had the symbol changed to BISAE.

But soon reapplying for BB status because of new found money.

Once BISA is back on the BB, the stock should explode, upward, I hope.

Joe

...for those who are new to penny stocks (thats not you, Joe ).

Penny stocks often find themselves going through the rough and tumble times of meeting listing requirements and providing the proper paperwork that keeps them on an exchange. Just because a company is de-listed does not mean it is inactive or will not find its way back to actively being traded.

I do not know what is personally going on with either Bisa or GTR. Additionally, keep in mind some companies actually are able to keep their trading status until they literally go bankrupt.

In short, the simple act of de-listing may not be an accurate sign of the "health" of a company or the potential to make money in it at a future date. Deeper digging would be in order into other aspects of the company other than its ability to trade to really have any idea as to its future potential.

Lester.

Baltic Announces Collection From Catering Operation and Status of OTC Listing
WEDNESDAY, MAY 23, 2001 4:35 PM
- PRNewswire

HOUSTON, May 23, 2001 /PRNewswire via COMTEX/ -- Baltic International USA, Inc. (BISA) announced today that the company has received about $634,000 from AIRO Catering Services ("AIRO") for payment on the notes and accounts receivable from AIRO. The Company had reserved for all of the receivables from AIRO in 1999 when the Company sold its remaining interest in AIRO. Therefore, the Company will record the entire amount received from AIRO as a gain.

Baltic's chairman and CEO, Robert Knauss, stated, "We are pleased to settle the amounts due from AIRO. We have been diligently working on a settlement with AIRO for an immediate cash payment since the end of 2000. This cash will provide an opportunity for the Company to continue its efforts to grow its existing refrigerant business as well as continue our efforts to enter into a transaction with another company to increase shareholder value."

Mr. Knauss added, "The Company had delayed its audit of the 2000 financial statements in an effort to wait until we had completed the settlement with AIRO. The audit is now proceeding and we expect it to be completed shortly. As a result of the audit not being completed timely, Nasdaq delisted the Company's common stock from the OTC Bulletin Board. When the audit is completed and we have filed all of the required financial statements with the Securities and Exchange Commission, we anticipate being quoted on the OTC Bulletin Board again."

BISA owns Advanced Reclamation Company and an interest in Pembrooke Calox.

Bridge DFS `safe'BRIDGE DFS non-executive director Neil Hamilton told shareholders yesterday that they should not be concerned about the decision to allow majority shareholder Bridge Information Systems America (BISA) to sell its 55 per cent stake in the company.

BISA is facing bankruptcy in the US and earlier this month flagged the sale of its 55 million shares in Bridge DFS, appointing Macquarie Bank to assist in the sale either by a trade sale or market selldown.

Mr Hamilton, who chaired yesterday's annual general meeting, assured shareholders that Bridge DFS was independent of BISA and did not rely on it for financial or any other support.

******************

BridgeDFS paves way for BISA to offload stake
April 24, 2001

BridgeDFS (BDF) independent directors today said they have agreed to release Bridge Information Systems America Ltd (BISA) from its escrow commitments, paving the way for BISA to offload its 55% stake in the company.

BISA is facing bankruptcy in the US and earlier this month flagged the sale of its 55 million shares in BridgeDFS, appointing Macquarie Bank (MBL) to assist in the sale either by a trade sale or market sell-down.

"The Independent Directors have formed the view that an orderly sale of the shares is likely to be in the interests of the Company as a whole," they said in a statement to the Australian Stock Exchange.

"BISA's financial predicament means that it can no longer be committed to the future development of the Company and its desire to sell the Shares is likely, in the opinion of the Independent Directors, to create a significant "overhang" on the market if the Shares are not able to be sold because of the escrow."

BISA said it wanted to sell its stake in BridgeDFS after beginning Chapter 11 bankruptcy proceedings in the US and its affiliated companies, creditors and the US Bankruptcy Court agreed on the sale of the shares.

Macquarie Bank since advised that the proposed sale process would involve a dual trade sale and institutional bookbuild.

"If a trade sale eventuates, MBL have advised that the process will also involve the successful tenderer making a takeover for all of the outstanding shares in the Company," the statement said.

BISA has been exceptionally quiet for some time now. They did not file some reports on time and were changed to BISAE for awhile. They had a day where the price dropped to $0.05 on 15,000 vol. The day after they filed the required report they followed up with new of a sale that put over $600,000 into the company (see Joe's message). The price went back to bid .10 ask .12 and has set there since then.

I still hold a lot of the stock. While it was down at .05 I tried to buy more but no one was selling. When it went back up I tried selling some at .105 at got no takers. So it's not doing anything.

I do know that they changed Presidents. The old one was well liked by many of their large regular customers. I viewed it as a negative when Kelly left to handle their family business. The new Pres. has a lot of experience in the business and seems to be very good. If anything the service to my company has improved.

The fourth qtr. numbers were a disappointment but it is a very seasonal business. I'll be comparing 2nd and 3rd qtr numbers to 2000.

I think the message about BridgeDFS is a mistake. BISA (Baltic International) is a Houston based company, not Canada.

I would rank it a little less of a "Buy" but I am still "holding" a lot and will continue to hold.

Hi Gang, especially Ron,

We haven't seen any action in Baltic International in quite awhile.

I was beginning to think that all you non-believers and haters of BB and penny stocks were probably right; that this one died.

However, today, BISA bounced up, trading as high as .15 before settling back at .11 on about 55,000 shares, and I didn't even know it was trading. I expect that there is more action to come, especially if it breaks out of its long base.

This is the reason: I'm including an excerpt of their announcement below. You can get the whole story from http://www.bigcharts.com.


Baltic International USA, Inc. (BISA) announced today that the company has signed a letter of intent to acquire all of the stock of LynkTel, Inc. ("LynkTel") in exchange for Baltic common stock. LynkTel is a telecommunications and advertising company that has created a new advertising medium utilizing leading edge technology to combine voice, data and video capabilities. This transaction is subject to the combined company obtaining financing agreeable to both Baltic and LynkTel and shareholder approval for both companies.

Baltic's chairman and CEO, Robert Knauss, stated, "LynkTel has developed a product that we believe has good potential for significant growth. We expect to complete this transaction by the end of this year through a reverse merger. Our plan is to change our company name to LynkTel, and through the efforts of LynkTel's operations over the next several months, to have our stock listed on Nasdaq again. We believe that this transaction with LynkTel will increase our shareholder value."

It was good to see some movement. For awhile it looked as if everyone died. I believe the floods in Houston has had ARC swamped with business but I don't know anyone there any more. I still hold a lot of stock and I would love to see them make good with going to the NASDAQ.

Hi Gang,

I don't know about you, but I've continued to wonder what's happening with BISA; no action in quite awhile. Found out that they are still listed, but on the pink sheets.

I even attempted to place an order, but with no fill.

Out of extreme curiosity (maybe, despiration), I called the company.

I was informed by Dianne (the bosses wife?) that:

a>: the company is alive and well,
b>: that all the paper work necessary to be relisted on the BB is completed and relisting should take place this week or next,
c>: the previously announced merger is moving right along.

So we shall see soon whether BISA is resurrected

Joe

I haven't been around this forum as much as I'd like but I've just found this thread and read through it with my newly installed and convenient thread-reader option. I think everyone will like it.

Anyway, BISA was NEVER a TW stock. You look at each point in its history and you would say, "no way".

The contributors here who got involved in BISA have to be assigned a place a little bit lower on my TW Expert ladder. Here they are:

Tony Church.
Joe W.
Ron.
Lester.

I appreciate everyone's input to this forum, but if I were to tighten up the direction and the point of view here, I'd say that the fact that you four are even tampering with BISA in a TW forum indicates that we're not really seeing eye to eye here.

Readers should assign some caution to their reading of the above four. Charlie has the right conclusion about staying away from BISA but he doesn't really come up with the right reason. The right reason is that BISA never fit the definition of a TW stock, starting way back in 1994. There was ZERO indication that BISA could be a candidate. And it was under a dollar a LONG time ago.

TW is not about penny stocks. Penny stocks under a buck are dangerous and ought to be stayed away from entirely. I like low dollar stocks but once you're in the range of 1.40 or so, it's like testing your car's gas mileage and tank capacity while driving on EMPTY. Why do it? Why play with it? Why discuss it?

My TW-IQ ranking is, so far, as of Jan 5 2001:

1. "dc" Dave.

I have to count everyone else out of the running until I get more familiar with what everyone is saying. BISA isn't a good test. It should never have been under consideration by anyone.

Wow. Amazing. Rare to see such arrogance from a losing investor.

Good luck, Rick.
Bill

Rick,
I have refrained from calling out my disagreements with you out respect for your moderator title. BUT, to call out some of the better contributors to the board is ludicrous. Your ability to use hindsight is amazing, wow, can i use your crystal ball. Tony is one of the best traders i know. Lester, from what little i know, helped Tony quite a bit. Joe has contributed several fine choices and insight, including SAM, which i went on record as not liking much. I'm sure these people laugh at such remarks, anyways, because a glance at their portfolios would undoubtedly reveal some nice profits. Rather than distancing yourself from these "poor traders" with your all-to-common disclaimers, why don't you learn from them and their mistakes that they were willing to display for all eyes, rather than discourage them with your "stunning expertise". Marking anyone with an acheivement ranking and warning others to stay away or use discretion when reading their posts? Way to foster a nurturing environment. To be honest, Rick, yours are the only comments i generally discard as useless. Thanks for not letting me down again. Like i said, normally i wouldn't make such comments, out of respect, but i am all out of respect. ------alan

Was BISA ever good as a TW stock... or NOT?

Simple.

There's nothing you can say. It stank. It always has. It NEVER showed ANY TW traits.

Now, you can characterize me any way you want, and you can take my characterizations of anyone else's analysis here any way you want, as well. The FACT of the matter is that BISA is bad and always was.

You're taking my comments MUCH too "personally". Focus on BISA. Tell me-- was BISA ever any good? Why or why not?

This is a TW forum and BISA never WAS a TW stock. Now how do wish me to deal with comments that go on and on about BISA? I'm missing something.

What i remember from the charts that were posted here is that it had a long base and fit TW definition of a dog that nobody wants. It popped a couple of times and was interpreted as shakeouts. It did not interest me at the time, but i also realize that if only the stocks i liked went up, i would be quite popular. Respect is what you showed a lack of. You need quite a bit of success behind you before you start calling people out. I was disgusted. -------alan