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Re: Gsdubb post# 12006

Thursday, 11/20/2014 8:43:46 PM

Thursday, November 20, 2014 8:43:46 PM

Post# of 106828
Smallcapvoice?? BHRT paid $5,000 to smallcapvoice for a one month "promotion" campaign. That's simply a biased, paid advertisement and essentially says so right in their own disclosures.. See the disclosure section right on smallcapvoice, it states who paid to promote and how much.

And at the time BHRT paid that $5K to smallcapvoice, they, BHRT spent about the same amount, $5K per month on their entire R&D spending. Kinda tough to run phase II/III or any medical trials on $5K a month, IMO.

BHRT, per this latest 10-Q filing, isn't even spending that $5K per month now on R&D. It dropped to maybe $3K or so a month. A pittance for a medical R&D company, especially one that would be running any kind of "trials", FDA or otherwise, IMO

I guess paid promotion is more important than their trial spending perhaps?