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Re: Gsdubb post# 11502

Sunday, 10/26/2014 1:02:32 AM

Sunday, October 26, 2014 1:02:32 AM

Post# of 106832
From the linked external blog about BHRT:
> Generated over $1m in revenues so far this year-from $0 last year as compared to net loss of $1,269,231 YTD 2013
Huh?? Is this for BHRT or some other company? Latest 10-Q filing, page 5:
Top line revenue to date $819,606- $201,565 (cost of sales) = $618,041
Over $1m?? How, where? Also, net loss from operations, most recent 10-Q, end of June 2014 was (1,078,971), over $1 MILLION dollars, making that "blog" statement 100% FALSE and untrue also.

Current liabilities down $3.6 million (27%) from beginning of year. Down 49% in 24 months from high of $13.6m -

Huh? Where? When? From latest 10-Q filing, end Q-2, period ending June 30th, 2014:
CURRENT LIABILITIES, Page 4: $9,759,137
That's not a 49% reduction from $13.6 million? Not even close- totally false statement.

> At the next 10K the removal of “Going Concern Classification” will be removed???
HOW would one, other than the auditors themselves know this? Further, the 10-Q's are unaudited, they don't even hire and have their ANNUAL audit until their end of year 10-K filing, who's results won't be posted until at least early 2015. And I don't see a single thing that's gonna change the cash liquidity problem to debt enough to erase the going concern issues? How would a "blogger" possibly know this to be true at this point? This would be insider information?

I guess if it's a "blog" it doesn't matter if it's even remotely true or accurate? Cause there are major errors and false statements- that's just a few being pointed out above, there's many more (for example, the blog opens by stating Yahoo traded at .43 cents a share- totally, 100% false. Never happened. Yahoo went public at $33 a share, with a peak of $43 a share on its IPO day, April 12, 1996. It was never, ever a penny stock, not even remotely close. Totally another 100% false statement in this "blog". A error of gross proportions). I guess "bloggers" sorta just make it all up as they go along?