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Volume drying up, dropping off sharply- looks like the coordinated "event" may be wrapping up this phase maybe?
Approx. qty-76 "statements" of empty nonsense IMO, 2.5 hours into trading day, but the volume is falling off and all the vapid reposting of garbage un-information (my opinion only of course) has had no ability to move the price it seems.
I smell the next big leg down coming- as in a huge one IMO. Any next significant sell/short leg here and this goes down big again IMO.
It's got that bad "smell" building IMO. The chatter nonsense even appears to be drying up a bit, right in coincidence with the volume drying up.
The stock now this AM, has had periods of "sitting" w/o a single trade crossing. Which is back to it's "normal" pattern somewhat- of being largely ill-liquid for the most part. Thus any next sell of any size or short by the "convertible" holder or whoever else has been dumping or running the pump n dump, will take it down hard IMO.
Wait and see I guess and watch and learn. At this point, witnessing the past 3 days, let alone 1.5 months or so, I'm now just watching more or less for the pure entertainment value and education of witnessing what I believe to be a true, classic, penny-ville sham/scam play out in real time. It matches every description/warning I've ever read from the SEC and similar. It's fascinating to watch how coordinated and well orchestrated it is. Amazing IMO. I've read about um, heard people burned bad by um- never actually quite saw one myself like this. This is as good as it gets IMHO.
Oh, and all I state is just that, MY OPINIONS only, my own curiosities, my own thoughts and observations and in no way meant to have anyone else even care, let alone buy, sell or hold this, or any other stock or security based on anything I write or say, or even decide to join a weight loss plan or perhaps cancel a dinner date tonight or anything else. Just me, my 2 cent opinions on a chat board- and nothing else. Any thoughts about this stock or company are purely mine and just me reflecting on what I'm observing and reading in 100's of statements being made by others across numerous "stock chat boards" and penny stock pump sites and twitter and facebook and more, and just watching/observing for myself ONLY, as the stock trades and reacts accordingly. Strictly for my own observation, comments to reflect on my own opinions of what I am seeing and reading, etc.
Happy trading and good luck of course.
Teens at H.S. keep their FACEBOOK "updated" too- BIG DEAL IMO.
Besides that, it's about the 12th time, in 3 days now, the same, verbatim, vapid, empty nonsense has been reiterated.
Know what FACEBOOK posts are "worth" in my opinion (unless they're about the present CASH BALANCE in the BHRT bank account, or about the MIRROR phase III being updated or similar)- know what FACEBOOK nonsense chatter blather is "worth" - pretty much NOTHING IMHO. Oh, well, as of today about 2.9, "maybe" 3 PENNIES, that what they are "worth" IMO.
Go ahead, re-state it 50 more times. Maybe someone who's blind didn't see it the first 11 times "the pump team" posted it already.
Thanks again. Oh, and tell us again what yr BHRT was founded and what's been happening supposedly since 1999, not sure I was able to get it all down, in the first 50 times it was stated already in THREE DAYS. Thanks again.
Credibility and this stock, IMO are now "mutually exclusive" terms. Again MY OPINION and the way I SEE IT. Only me.
Oh, all my opinions, thoughts, ideas of course- no recommendation about this stock, company, or to buy or sell or trade or hold any particular stock or company or security or to watch cat videos on Youtube, or join a pony club, or play any sport or begin and exercise program or take any vitamins w/o first consulting your doctor, etc. All just me asking my own questions for my own curiosity and/or OPINIONS and nothing more of course.
Good luck again.
"BHRT team answering your questions: "?? Really, and it's a link to some penny-pump promotion site?
BHRT "the team" is about 4 or 5 "employees" according to the last 10-K.
So which of the 4 or 5 of this BHRT "team" is doing the "question answering" - would like to know more details please?
One of the 4 or 5 is the CEO who is supposedly running and managing a public traded company and all that, that would entail?
One of the 4 or 5 is the CSO who is supposedly running everything from a trial called ANGEL, to a phase III "trial" called MIRROR (although no one ever seems to hear about that anymore), and is also the CEO (stated on her own company web site) of an outfit called "STEMLOGIX" and is also the CSO of a company called "Ageless" again, per her own statements (Google+ page for example) is also according to "PR" running research and "training" and going to "conferences" and "giving talks" etc
The other 2 or 3 people, as best one can tell- "might " be full or part time and maybe a finance/accounting person and a few other people??
So, who on this vast "team" with all this other "stuff" like new "clinical trials" and "deals" as far away as the middle east and South America and stuff in Mexico and FDA "trials" supposedly- who is doing the "question answering" at your penny-pump web site link?
Just curious IMHO- who is it, that also has time to sit on a penny web site and "answer questions" that actually is an employee of BHRT? More info appreciated. Thanks much.
Of, all my own questions and opinions of course- not meant to recommend to buy or sell or trade this stock or any stock or have any opinions about this company or any company or even the weather outside- it's all just for me and my own thoughts and opinions and curiosity. Thanks again and good luck.
"Push could be coming"- or it could be the "push" before the final DUMP into bankruptcy and total collapse?
That's as credible and feasible as all the nonsense chatter on here and links to "twitter" or whatever.
HEY, GUESS WHAT- EVERYONE KNOWS BHRT WAS FOUNDER IN 1999 OR WHATEVER and THAT THEY USED TO, LIKE TEN FREAKING YEARS AGO, BE "INVOLVED IN" SUCH AND SUCH.
And GUESS WHAT- the stock is 3 CENTS TODAY, the company is essentially CASH BROKE TODAY, has 4 or 5 "EMPLOYEES" left today, has diluted from about 10 MILLION shares at one time, to now 420 MILLION shares or more today, HAS NOT PRODUCTS EVEN REMOTELY close to FDA APPROVAL YET TODAY ,has a "GOING CONCERN" (code for BK) from their own auditor, and about 50 other FACTS HAPPENING TODAY, RIGHT NOW, that have nothing to do with the historical, boring, worthless, meaningless rehash "story" CHEER LEADING POSTS from 1999 to present.
Hey, lets tell the 100 yr history of Sears or 50 yr history or whatever of J.C. Penny today- as they sit on death's door nearing BANKRUPTCY- that'd be a real GOOD TIME FOR ALL, who want to have something to read in their bathroom, IMO.
Keep burying this board in the nonsense- cause it just makes the scam all that more real, and adds more data by the minute to back it up. Thanks for helping everyone know it's a sham. It's beyond obvious now IMO, and now that of many others. Thanks again.
Oh, all my OPINIONS ONLY, no recommendation to buy, sell, hold, trade or whatever, any stock or shares in ANY company on planet earth or any 10-speed bikes, or collectible toys or toaster ovens or anything else in existence of any value. Thanks.
Thanks for the
"Wow. Nice first 12 years", pretty much sums it up perfectly again IMO, great post. Spot on again IMO.
Or, we can just take it in their own words, from their own 10-K(s):
"We are a development stage life sciences company with a limited operating history and a history of net losses and negative cash flows from operations. We MAY NEVER be profitable, and if we incur operating losses and generate negative cash flows from operations for longer than expected, we may be UNABLE TO CONTINUE OPERATIONS.
We are a development stage life sciences company and have a limited operating history, limited capital, limited sources of revenue and have incurred losses since inception. Our operations to date have been limited to organizing our company, developing and engaging in clinical trials of our MyoCell product candidate, expanding our pipeline of complementary product candidates through internal development and third party licenses, expanding and strengthening our intellectual property position through internal programs and third party licenses and recruiting management, research and clinical personnel. Consequently, it may be difficult to predict our future success or viability due to our lack of operating history. As of December 31, 2013, we have accumulated a deficit during our development stage of approximately $118.2 million. Our MyoCell product candidate has not received regulatory approval or generated any material revenues and is not expected to generate any material revenues until commercialization of MyoCell, if ever. Since inception, we have generated substantial net losses, including net losses of approximately $3.1 million, $4.0 million, $4.7 million, $5.2 million, and $4.4 million in 2013, 2012, 2011, 2010 and 2009, respectively and substantial negative cash flows from operations. We anticipate that we will continue to incur SIGNIFICANT and INCREASING net LOSSES and negative cash flows from operations for the foreseeable future as we.."
YEP, $118 MILLION down the ole drain- and what, what is there to show for it today? Oh yeah, a "webinar" and some "conferences". Forgot. Oh, and some handsome pay and options and tripling of base salaries for the two, key insiders among other things.
And from 10-K ville, the golden hit parade:
"Our MyoCell product candidate is NO LONGER protected by patents, which means that competitors will be free to sell products that incorporate the same or similar technologies that are used in MyoCell without infringing our patent rights. As a result, MyoCell, if approved for use, may be vulnerable to competition in the form of products that use the same or similar technologies. We have previously licenses certain patents and patent applications relating to our MyoCell product candidate. These licenses have ALL LAPSED as of the date of this report, although we have had discussions with the relevant licensor regarding a potential reinstatement of our rights in such licenses."
But hey, it's all cool IMO. A couple of "talks" and some "conferences" and a "webinar" and shoot- a $BILLION is just a hop, skip and a jump away- I mean, what am I missing? No cash- shoot, when did that ever matter when doing FDA, phase II or III level trials, right? And who cares you now have no patent on the ole, big "flagship" product "Myocell"? When did that ever matter IMO? Shoot, who cares? 200 million shares sold/diluted in 2013, and you end the yr with $46K cash on the balance sheet- and THEN HAND OUT SALARY INCREASES and big BONUSES, why the heck not- it was a banner year IMO, right?
Party on Ted. It's all good. Cool. Going swell IMO.
Oh, and don't sweat the "little stuff" from the 10-K's like:
"Our Ability To Continue as a Going Concern
Our independent registered public accounting firm has issued its report dated March 24, 2014 in connection with the audit of our financial statements as of December 31, 2013 that included an explanatory paragraph describing the existence of conditions that raise substantial doubt about our ability to continue as a going concern. Our financial statements as of December 31, 2013 have been prepared under the assumption that we will continue as a going concern. If we are not able to continue as a going concern, it is likely that holders of our common stock will lose all of their investment. Our financial statements do not include any adjustments that might result from the outcome of this uncertainty."
Or, more hit parade favorites, since the cheer leading squad was rolling hot and hard all day:
" Risk Factors
The risks and uncertainties described below are not the only ones facing us. Other events that we do not currently anticipate or that we currently deem immaterial also may affect our results of operations and financial condition. If any events described in the risk factors actually occur, our business, operating results, prospects and financial condition could be materially harmed. In connection with the forward looking statements that appear elsewhere in this annual report, you should also carefully review the cautionary statement referred to under “Cautionary Statement Regarding Forward Looking Statements.”
Risks Related to Our Financial Position and Need for Additional Financing
We will need to secure additional financing in 2014 in order to continue to finance our operations. If we are unable to secure additional financing on acceptable terms, or at all, we may be forced to curtail or cease our operations.
As of March 24, 2014, we had cash and cash equivalents of approximately $211,632.80 and a working capital deficit of approximately $13.4 million. As such, our existing cash resources are insufficient to finance even our immediate operations. Accordingly, we will need to secure additional sources of capital to develop our business and product candidates as planned. We are seeking substantial additional financing through public and/or private financing, which may include equity and/or debt financings, research grants and through other arrangements, including collaborative arrangements. As part of such efforts, we may seek loans from certain of our executive officers, directors and/or current shareholders. We may also seek to satisfy some of our obligations to the guarantors of our loan with Seaside National Bank & Trust, or the Guarantors, through the issuance of various forms of securities or debt on negotiated terms. However, financing and/or alternative arrangements with the Guarantors may not be available when we need it, or may not be available on acceptable terms.
If we are unable to secure additional financing in the near term, we may be forced to:
· curtail or abandon our existing business plan;
· reduce our headcount;
· default on our debt obligations;
· file for bankruptcy;
· seek to sell some or all of our assets; and/or
· cease our operations.
If we are forced to take any of these steps, any investment in our common stock may be worthless."
All sounds cool to me. Can't see anything wrong there IMHO. Shoot- I mean, what could possibly go wrong IMO, with that "story" above.
Nope, just keep telling about "talks" and "seminars" and shoot, everything now from erectile ED, to animals, to orthorpedic, to eye stuff to, blah, blah- practically every disease ever known to mankind it looks like- will have a "study" soon with these guys, it appears IMO. What happened to the big phase III and being a "heart" company, as in BioHEART? Who cares? Get out a here- what's the difference, right? A couple "seminars" and "awards" and "conferences" and shoot- a $billion slam-dunk easy IMHO. Easy. Can't see what anyone would not see or miss on this one? No way, right? Cash, cash flow- who needs it. A couple of "conferences" and it should all be "in the bag", yep. I mean, "webinars" and "conferences" always lead to an FDA approved product, right? That's the way I see it IMHO. Yep. No sweat at all.
Set your watches. T minus, about 7 hours- and "the team" will be on board- and we can re-hash the entire history and every old PR and link and blah, blah from A to Z, starting all over again tomorrow. Shoot- what's not to like, right?
All my opinions of course- and like "the team", not a " recommendation to buy, sell or trade any stock or security or suggest or influence about anything or any stock or security or company or planet or business or favorite food or anything else, just all my own, 2 cent, lousy opinions."
Good luck of course to all.
The SILENCE HURTS it's so deafening.
Where does the "team" go, the instant the market closes?
Who is on the "team" as in how many "members" (one, on multiple, sophisticated computers "playing" multiple people? Or is it a true "boiler room" type of "team" in some seedy, dump of a room in some rented dump of an office, loaded with computer servers, and cig butts and empty pizza cartons and Mountain dew cans and what not in Jersey or wherever?
Most importantly, who is paying "the team"?
Fascinating beyond belief IMO. I've read about manipulation, knew it too place. But never in my days, have ever seen it played out in real time like this, and to this degree, not even close.
I have the movie "Boiler Room" in my collection- guess it's time to break it out and give it a re-watch. Maybe toss in "Wall Street" as the "kicker" to get the full effect.
Wow, again, is all I can say. It's beyond amazing IMO. You know it's out there, you hear and read about it, and see the SEC and others warn about how bad it can be, but never saw one take place in real time myself. Live and learn- I've seen one now. A "team" that "works" the penny world, and every negative connotation that comes with it IMO.
"BK looms". I'd say it's certainly a strong possibility- and their own very "dire" 10-K warnings and the opinion(s) of their own auditors have stated that clearly, not mincing words, even in the slightest IMO.
If not for their ability to dump/dilute shares, with the likes of the "Ashers" and a few others of this world, of course they would have already gone BK many times over- and I won't even say "that's my opinion", as I believe it to be a 100%, hard, provable fact via their own 10-K/10-Q statements.
They went from 190 million something shares a yr ago, to now double that, to over 420 million shares as of today (one yr period)- and that, that alone is the only thing that has kept them "technically" out of full BK and making payments enough to service their debt. A key loan, the BofA loan had/has already gone default in the past (technically BK as it was "called in" formerly as in default) and they worked the Northstar deal and now the Seaside loan and so forth.
But despite dumping over 200 million shares last yr- they ended 2013 with $46K cash on the cash balance line, against an enormous debt and what they call an "operating cash deficit". They're to the point of relying on "personal loans" and more- spread all throughout the most recent 10-K. It's like using one credit card to pay the other maxed out credit card and shuffling the chairs on the deck of the Titanic, IMO. The "game" at some point runs out usually. Can only pull so many tricks out of the bag- before you reach in again, and come up empty that last time, IMO of course.
So yes, I'd say full BK is about as real a possibility IMO as it gets- they've been teetering on it for some time now IMO. If, at some point, someone such as an "ASHER" just says "no thanks, not this time" or if the "guarantors" of that Seaside loan simply say, "No, terms not good enough this time- no thanks" or any of a dozen other possible scenarios, that "might" happen IMO, then yes, it's lights out IMO too. Full BK would be the end result, I believe.
It's real as a possibility- I agree IMO. And that would send them, and any common share holder, still holding- to the penny-ville graveyard of .000001 land. Yep.
It's a real possibility, IMO too. And I think their own auditor's and their own stern warnings and more- from the 10-K and similar back that up.
Gs, you and I don't always get along it's obvious, you're a "true" believer and have a lot of "hope", I'm probably being more realistic to temper that side of it w/ financial situation doubts and what not.
But I just saw your statement about how "promotion" was used and you agree it's "orchestrated" and all.
Given that, and given that I believe you are indeed a true long, a true believer (and I believe you have nothing to do with this "stuff" going on- I honestly believe that), and that you are genuine in your strong hopes and feelings about wanting this to succeed long term- given all that, then:
You gotta realize (and I'm guessing you do- cause you have mentioned several times prior, your "distaste" at how "unfortunate" it is this is on the OTCBB), given all that, you must realize (I know you're not a dumb guy by a long shot), you must realize how really, really, really IMO bad this makes the entire stock look. And thus leads people to start to head into the "penny stock scam" and other similar "wording" and category?
I know you must see and realize that? It can't reflect well on the company when this stuff, especially what's taken place this past 3 days takes place IMO. It just stinks of the worst levels of "penny-ville" that anyone can think up IMO.
I would speculate you know it looks bad, bad for the company- and can't help them in the long run, which, you being a true, long believer and not some "flip trade" guy, know it's then hurting your hopes and interests long term, correct?
What happened- I just made a statement of my opinions on it. See that info.
My opinion- a 100% pro organized, penny-ville, classic pump n dump "scheme", or short and dump "scheme" and more probably. It stinks of everything, every agency ever warns about in penny-ville.
It has to be "organized" IMO. Cause it's not just here- a simple, little bit of research shows it "lit up" like a light switch across anywhere from probably 6 to 12 other, well known penny stock, and especially even "stem cell" related sites. AND "twitter" and "facebook" and "other" so called "social media" are being engaged at the exact same moments- with near verbatim, word for word chatter what came "out of nowhere" here.
You're not the only one "seeing it"- it's beyond obvious IMO. A total, "set-up" of some sort, and in my 2 cent humblest opinion- 100% "professional" level of some sort. From broker/dealers, to insiders, to "Asher's" to who knows potentially being involved in the whole past 6 weeks IMO.
Can't prove who, why or what- but every sign, ever spoken of about "penny stock manipulation", I believe we all just witnessed, the past 3 days, and past 6 weeks or so, past 3 days be raging the most obvious, grossly obvious examples of it.
I don't believe for a second there is any "coincidences" or "chance" in a sliver of this. No way. It'd be statistically impossible IMO. Every major outlet "lit up" like someone gave the "go" signal, all these "names" came crawling out of some rat hole- wood work, and across all the "outlets" started blasting out all the same nonsense from AM to at least the end of the trading day- and even for a few days, way into evening, and the wording of it all, is near verbatim copies of what's on every site or outlet.
It's pure manipulation IMO. Simple as that. B A D, bad IMO. Someone, some "firm" or whatever you want to call it- HAD TO,IMO be "organizing" and coordinating and orchestrating all this- you can't get this many "boards" and talk outlets, individual "speakers", let alone twitter and facebook and what not, all to "light up" on que, and all say the exact same nonsense over and over and over for heading on 3 days straight now- preceded by a massive pump from 2 cents or so, to .08 in a 1 or 2 day period. No freaking way will I believe that IMO.
AND, just try and state anything "remotely" what is deemed "critical" or FACTUAL about say "finances" for instance - and get ready to get pummeled, crushed, accused, threatened, beat down- in a coordinated effort too. THAT is the real hallmark of the fact it's "organized" IMHO. You can't speak a word in edge wise that even questions the hype- w/o being slapped silly and being called every name in the book.
That's only my opinions- and they are mine only. Buy, sell, trade- do whatever you want. Think this is the greatest company in the world or whatever. It's a free country. I know what I think of it though- and that's my free opinion as a free person, in a place of free speech and stated as my opinion only and no one else's and not meant to influence or sway anyone in any way. Do whatever you want. Good luck to all.
The SILENCE IS DEAFENING- all that vapid, empty chatter, every nonsense rehash of basically every page of the BHRT web site being plastered up, links to old "PR" and "news" from yrs ago, re-hashing every page of the company web site, every "seminar" blah, blah noise, every link- some not even related to this company (just hyping anything that remotely sounds like it or the "miracle" of "stem cells"), all the nonsense about how it's "big" and it's "the future of medicine" and just vapid, empty pumping, hyping of every kind.
Then, as if you flick a light switch, as the trading day ends- the noise goes silent. Nearly DEAD SILENT. What a surprise, eh?
You try and tell me this isn't a set-up, and yes, even time to probably start to use the "scam" or similar word IMO. 3 days ago, almost nothing on here, same people, same daily vol of talk- suddenly triple or quadruples like a light switch was thrown? How can that be- and the SAME THING happens across at least a half dozen other "stock board" or similar outlets- at the EXACT SAME TIME, with the near word for word, EXACT SAME CHATTER nonsense talk and links and what not. Out of the wood work the noise/chatter increases 10 fold as the stock instantly plummets, in a massive down dump, following a prior month's massive up pump- that was based on nothing- no "news", no "financing", nothing IMO.
To try and "claim" this isn't "organized" and "orchestrated" and "coordinated" IMO is laughable. Totally laughable IMO. It's such an organized "set-up" IMO, as to be comical. It stinks, puke stinks of penny manipulation IMO. Every thing every major agency warns about regarding penny-ville has been seen on this load in the past 6 weeks IMO, the past 3 days though, being just beyond the pale.
https://www.sec.gov/answers/pumpdump.htm
FACEBOOK and TWITTER AND bulletin boards and CHAT ROOMS-shazam, what a surprise, eh?
https://www.sec.gov/investor/pubs/microcapstock.htm
Read down to the warning portion about how "certain people" um "do what they do" with penny stocks- and try and tell me that every single last one of those "techniques" hasn't been utilized here in the past 3 days. TRY and tell me, it's screaming obvious IMO. Glaring to the point of needing sun glasses.
http://www.pumpsanddumps.com/p/about-us.html
TYPICAL short dump, "convertible share" or warrant dumping pattern IMO. The massive collapse days were on twice the volume being seen today.
Now, the spread just opened up Grand Canyon wide again (it was super tight the past few days when they are shorting or dumping), as they (ASHER or whoever is running this show), "attempt" to pull in sucker buyers, as they cover part of their first short leg down of the past 2 days. They open up the spread to "try" and get the sucker buyers in, "thinking" it's "up". But if even a slight, decent size sell order crosses- it'll dump so fast, one's head will spin off.
They ratchet in a stair-step fashion when selling their convertibles or warrants or similar for the "big" insiders or "finance" house people- and the broker/dealers are in on it, often sitting under the same roof and probably making up a lot of the nonsense chatter on here the past 2 days IMO. Dump huge short, do some covering and book profits, do it again, cover a bit so it moves up (while opening the spread wide open- as now, to give the illusion it's "up" 5%, when they just suckered a bunch of amateurs on 15% buy orders an hour or two ago), wash, rinse, repeat.
As old as time, in the stinky halls of penny-ville, IMO.
The more shares BHRT dilutes out there, the more they dump vast quantities of "in the money" warrants out there (50 MILLION recently), the more they grant themselves 100's thousands or even millions of "instant vest" option-shares that are also "in the money" etc, etc- the more, IMO, you'll see these whip-saw legs get faster and more violent and the down sides will be in bigger, faster moves- like the 20% plus we saw in a matter of less than an hours trading time.
Get ready for more HUGE down days IMO. For this to dump 20% to 30% in a day, sometime over the next few months wouldn't surprise me in the slightest. All the shares floating around out there + warrants + floorless "convertibles" = this goes down BIG more and more IMO.
The spread right now, opening up wide- and the lower volume today on the "fake up pump" versus the down dump days, tells all to me IMO.
Watch and learn IMO. When it went to .08 or even .06, all I said was watch and learn- that it would dump within 1 or 2 months at the most and dump hard and fast. And I don't need to say, "I told you so". Chart says all you need to know IMO.
The "natural" place this is headed by the 2 to 2.5 yr chart - is about 2 cents, with probably even 1 cent down legs IMO. Simple as that. It will "gravitate" there "naturally" as an "ASHER" type firm makes more money, the lower they make it go- simple as that. The lower it goes- the more shares they get on their floorless, "reset" convertible shares.
"clinical trials for AMD"?? PAID FOR WITH WHAT? Monopoly money?
So what is that- supposedly about 15 "trials" or "studies" going on- but MARVEL, REGEN, MIRROR, etc all just sit parked or vanish or never get "updated"?
Their last, serious phase II/III for ole Myocell (no longer on patent) that trial(s) died in what 2010, gonna be almost 5 yrs ago here pretty soon? Never finished or went anywhere?
SO what's this "AMD" "trial" now gonna take- oh, about $100 MILLION and AT LEAST 5 yrs, by industry standards to ever even have a chance at FDA approval?
File under a giant WHO CARES IMHO. Meaningless. "tweet" or post on their facebook blah, blah the CASH BALANCE in the bank TODAY, the DEBT TODAY, the GOING CONCERN statements as of TODAY, etc.
"seminars" and "presentations" and "tweets" and "new studies" or "trials" - when they can't even progress on, or complete what they ever started- going clear back 5 yrs ago? WHO CARES IMO. Noise. All noise level IMO.
"almost all buys today"? ZERO proof of that. It's spent the majority of trading day, so far, DOWN. It's up a paltry couple of percent after a massive two day collapse.
Drop a dead cat, they bounce a little when they hit the floor- or so I hear.
It's great reading reams of old news, vapid hype, re-hashed old links, including that it's even an OTCBB stock (complete with OTC logo inserted)- WOW, like no one knew that, old links to what they supposedly "do" as a business, etc. Endless nonsense about "conferences" and "talks" and "webinars" - but hey, don't worry they're BROKE and the stock just went through a MASSIVE MANIPULATION and pump n dump of classic proportions. Noooooo. Yeah, real fascinating stuff. Pure drivel IMO. Nonsense. Empty hype and rehashes about nothing.
Oh, and FACTS, actual FACTS about the real, dire, auditor opinion, company's own dire warnings (see 10-K), actual present day REALITY, well- those are treated, well enough said.
Most recent 10-K, PAGE 25:
"Risks Related to Our Financial Position and Need for Additional Financing
We will need to secure additional financing in 2014 in order to continue to finance our operations. If we are unable to secure additional financing on acceptable terms, or at all, we may be forced to curtail or cease our operations.
As of March 24, 2014, we had cash and cash equivalents of approximately $211,632.80 and a working capital deficit of approximately $13.4 million. As such, our existing cash resources are insufficient to finance even our immediate operations. Accordingly, we will need to secure additional sources of capital to develop our business and product candidates as planned. We are seeking substantial additional financing through public and/or private financing, which may include equity and/or debt financings, research grants and through other arrangements, including collaborative arrangements. As part of such efforts, we may seek loans from certain of our executive officers, directors and/or current shareholders. We may also seek to satisfy some of our obligations to the guarantors of our loan with Seaside National Bank & Trust, or the Guarantors, through the issuance of various forms of securities or debt on negotiated terms. However, financing and/or alternative arrangements with the Guarantors may not be available when we need it, or may not be available on acceptable terms.
If we are unable to secure additional financing in the near term, we may be forced to:
· curtail or abandon our existing business plan;
· reduce our headcount;
· default on our debt obligations;
· file for bankruptcy;
· seek to sell some or all of our assets; and/or
· cease our operations.
If we are forced to take any of these steps, any investment in our common stock may be worthless.
"
Most recent 10-K, PAGE 52:
"Our Ability To Continue as a Going Concern
Our independent registered public accounting firm has issued its report dated March 24, 2014 in connection with the audit of our financial statements as of December 31, 2013 that included an explanatory paragraph describing the existence of conditions that RAISE SUBSTANTIAL DOUBT about our ability to continue as a GOING CONCERN (code speak for BK, BANKRUPTCY- my wording inserted). Our financial statements as of December 31, 2013 have been prepared under the assumption that we will continue as a going concern. If we are not able to continue as a going concern, it is likely that holders of our common stock will lose all of their investment. Our financial statements do not include any adjustments that might result from the outcome of this uncertainty."
Most recent 10-K, PAGE F-2: FROM THE AUDITORS THEMSELVES-
"To the Board of Directors and
Stockholders of Bioheart, Inc.
13794 NW 4th Street, Suite 212,
Sunrise, Florida 33325
We have audited the accompanying balance sheets of Bioheart, Inc. (the “Company”) (a development stage company) as of December 31, 2013 and 2012, and the related statements of operations, stockholders’ deficit, and cash flows for each of the years then ended. The Company’s management is responsible for these financial statements. Our responsibility is to express an opinion on these financial statements based on our audits.
We conducted our audits in accordance with the standards of the Public Company Accounting Oversight Board (United States). Those standards require that we plan and perform the audit to obtain reasonable assurance about whether the financial statements are free of material misstatement. The company is not required to have, nor were we engaged to perform, an audit of its internal control over financial reporting. Our audit included consideration of internal control over financial reporting as a basis for designing audit procedures that are appropriate in the circumstances, but not for the purpose of expressing an opinion on the effectiveness of the company’s internal control over financial reporting. Accordingly, we express no such opinion. An audit also includes examining, on a test basis, evidence supporting the amounts and disclosures in the financial statements, assessing the accounting principles used and significant estimates made by management, as well as evaluating the overall financial statement presentation. We believe that our audits provide a reasonable basis for our opinion.
In our opinion, the financial statements referred to above present fairly, in all material respects, the financial position of Bioheart, Inc. (a development stage enterprise) as of December 31, 2013 and 2012, and the results of its operations and its cash flows for each of the two years ended December 31, 2013.
The accompanying financial statements have been prepared assuming the Company will continue as a going concern. As discussed in Note 2 to the financial statements, the Company is in the development stage, and has incurred net losses of $118,180,983 since inception. In addition, as of December 31, 2013 the Company’s CURRENT LIABILITIES EXCEED ITS CURRENT ASSETS BY $13,362,480. THESE CONDITIONS RAISE SUBSTANTIAL DOUBT about the Company’s ability to continue as a going concern. The financial statements do not include any adjustments that might result from the outcome of this uncertainty.
/s/ Fiondella, Milone and LaSaracina LLP
Glastonbury, Connecticut
March 24, 2014
"
Yeah, GREAT, looking "real solid", yep, sure, got it, right on. Cool. Go baby. Sailing into the sunset. All is good. No sweat. Dig it. Totally happening. Spot on. Oh yeah.
Guess all the hype, just knows more than those pesky, old, licensed, fiduciary, legally bound, 100% certified, ole CPA ACCOUNTANTS, eh? Yeah, makes sense IMO.
"Looking at that BHRT could get to a nickel "?? More like ZERO is the higher probability IMO?
It's about 2.5 cents away from zero, and zero is about what their cash balance is. The market cap doesn't even cover the cash deficit and debt anymore. The market, right now, today- is "valuing" the company at about ZERO, meaning if the debt and cash deficit is accounted for against the market cap- the remainder of whatever makes up "the company" (a leased building, some lab equipment, some intellectual property "maybe" as most has expired off patent anyway)- whatever "it" is, is being assigned a "value" of about zero as of today. If liquidated, they can't even cover the debts they owe.
Yeah. A nickel- sure.
" BioHeart really has a "rockstar" board of directors. "??
You mean a guy who ran a "masonry" company in po-dunk? And a CEO who has zero actual "bio-tech" experience, let alone ever getting a product FDA approved or even working in an FDA regulated environment/company prior?
Same for CSO- never has actually gotten or been involved in a successful drug/FDA approval process or product that I'm aware of?
Two others- same, no FDA backgrounds or even drug/pharma backgrounds?
Only one is Murphy and he's over 90 yrs old, and hasn't been "in the game" in years IMO, as in interacting with today's FDA or approval process, etc.
What "rock star" board? Where? You go read some typical "BOD" of typical high tech bio-tech and/or drug pharma companies- they will be stacked with M.D.'s and Ph.Ds and FDA regulatory experts and who's who in venture capital (Goldman or a similar Wall St firm, or Silicon Valley for example) etc- who have pedigrees of drug and pharma and bio-tech SUCCESSES and company names that read like the who's who of the field. Backgrounds at like Pfizer, Merck, Genetech, Imclone, Eli Lilly, Bristol Myers, etc, etc and academia medical departments of major research labs and be published in peer reviewed articles, etc
Not even and M.D. on staff/BOD or Sr. Mgt of a high tech, "heart" related company?
Gotta be kidding, "rock star"- yeah, maybe in singing bad covers of "rock" karaoke?
"This company can only get better from here"??
The cold hard facts of their own SEC filings say this company is teetering on BK, on any given day of the week, month you want to pick.
$46K THOUSAND in total cash left on the balance sheet (what many people keep just in their personal local checking/savings accounts) at close of last 10-K and only beefed up by a $100K or so added at the last minute, on a string of ASHER deals amended to end of 10-K. Versus a pile of debt and loans exceeding $12 million. One key loan that needed/needs to have been "renewed" or "re-guaranteed" by now according to the 10-K, and has not been mentioned yet as of end of Q-1. They doubled the outstanding shares last yr, 2013 from less than 200 million to now over 420 million- yet were cash broke, nearly insolvent on Dec 31st, 2013 close of the 10-K.
Any cash balance that 10-K showed up through mid Feb 2014 will/would already be GONE IMO, spent at their burn rate, unless more ASHER or share sales or some form of "funding" has occurred by now (Mid April, 2 months later, $211K would be gone)- and those are the simple facts, versus hype and nonsense talk IMO.
Every major trial they've had has gone nowhere- there flagship product, ole Myocell not even under patent protection anymore and stalled/parked since about 2010. MIRROR has gone silent, a barely mention in their latest SEC filings. And who cares about a 5 person phase I in Mexico now? That would be 3 minimum, probably more like 5 yrs away from ever even attempting to reach FDA approval IMO. It hasn't even advanced to beginning a phase II yet. They'd have a billion shares outstanding at this pace/rate, before that ANGEL whatever, ever had the chance of seeing the light of day before an FDA approval panel, IMO. Reality versus hype.
Webinare and seminars and "talks" and demonstrations and "awards" and blah, blah, blah- same old broken record that MEANS NOTHING IMO. Been heard 100's times over, going back yrs. And what has it "accomplished"? A sub THREE CENT, massively diluted stock and NO CASH, 5 person "company" - that's what. I'd be surprised if they even have the cash on hand - to fly and book someone in an decent hotel at some "conference"? Must have to come out of the pittance of their "R&D" fund- the amount they spend on "R&D" is about equal to what they pay the two, key insiders in base salary- the ole CEO and CSO. TWO people are consuming as much as they spent on the ole "trials" budget, "R&D" for what terms it self and "R&D and research and development company" in their own PR and all the nonsense being blasted around here. It's laughable IMO.
Seminars, Schmeminars- WHO CARES. And no, ole "Sheldon" hasn't brought in any bank or coin- not a shred of proof of that. They are cash poor- doing AHSER deals right up through mid/late Feb. 2014 in the most recent 10-K. All else is pure speculation, hype and just empty opinions. Not a shred of fact to back it up IMO.
And yes, as previously pointed out this AM, it's more than likely going back to "pennyland" or true one cent, 2 cent "penny-ville". It worth is essentially ZERO (debt versus cash on hand, versus huge negative cash flows, versus share dumping as only means to stave off BK or insolvency at any given time- and their own 10-K states that and strongly warns about it), by all business metrics that are commonly accepted accounting practices. They can't even, barely service their own debt on any given day- and exist it appears IMO, to primarily pay themselves and key insiders. What exact day to day "business" is even taking place- to advance any key product or technology to even remotely ever being salable, let alone ever profitable, is hard to even discern at this point IMHO.
"I hate Asher and Asher type vulture lenders"- could not have stated any better. It's perfect to the tee IMO ! Spot on correct in every word it said.
As if this 1 to 3 cent, 5 person "company" , who is near broke of cash, debt laden, works out of a 5000 sq-ft leased "headquarter" needs any help from a $40 BILLION market cap Baxter, or Cardio-blah-blah or whoever, to get to the failed, near BK point they are today? It's beyond laughable.
From the day of their total bust IPO (one of the worst in IPO U.S. public market recent history), this stock has traded STRAIGHT DOWN for the most part. It's down like 98-99% from the IPO date. So, there was/is/has been a "vast conspiracy" since 2009 or so, via a collusion of huge, profitable, successful companies and/or combined with "particular" stock chat board people AND youtube videos and "fake" web sites AND "tweets" now, and all this "stuff" (oh, ASHER too) for a 5 yr period- just to bring down ole BHRT? Yep? Got it? Makes perfect sense to me?
And, as to the other statement just prior about, "Don't think it's a real company" cause they have an "office" and you can "see it on google maps" and blah, blah, blah?
Here's what's up from their 10-K with the "office":
"Our headquarters are located in Sunrise, Florida and consists of 4,860 square feet of space, which we lease at a current rent of approximately $65,124 per year. The lease expired in January 2013. In January 2013, the Company amended its facility lease to extend the term of the lease until April 30, 2013. In April 2013, the Company amended its facility lease to extend the term of the lease until August 15, 2013. In September 2013, the Company amended its facility lease to extend the term until August 2016."
AND, ""Lease Guarantee
The Company’s former Chairman of the Board, Chief Executive Officer and Chief Technology Officer has personally guaranteed the Company’s obligations under its lease for its facilities in Sunrise, Florida and has provided a personal guarantee for the Company credit card, which is for his own use only." PAGE 82, most recent 10-K filing.
So, BAXTER has an organized "campaign" to go after a company who "leases" (and the lease has expired several times recently, and must be guaranteed by some dude's personal guarantee- as apparently the landlord doesn't trust the company can pay $5K a month in rent for sure?) - so BAXTER and ASHER and others have this vast campaign against THAT?
I have homes, within rock throwing distance of me bigger than 5000 sq-ft, my own is not that much less than that. AND many people in my nearby area pay $5K a month for a mortgage, property taxes and association, etc. for just a "modest", upper middle class home.
I have real estate people, dentists, local doctors, small dining places etc in facilities FAR bigger than 5000 sq-ft; micro-micro small biz people, and NOT "public traded" companies- you gotta be kidding me? I have local, little coffee places and donut shops that operate with a lease/rent of about $5K a month, and they don't need some dude to "guarantee it" as they have long histories of being PROFITABLE and PAYING THEIR RENT/LEASE on time for years and years, and don't need to dump/dilute shares all the time to "make the rent" as they have cash flow AND profits. Amazing, eh?
By contrast, we also have 100's if not 1000's of FOR LEASE signs everywhere in this economy in my area, of businesses (past tense) that are now GONE, who broke their lease, went BK or shut down or whatever- so I don't get the connection in the slightest as to "they have an office on google maps, blah, blah" and how that relates to their cash position, or their ability to continue as a "going concern" (THEIR OWN WORDS and that of THEIR AUDITOR), or how they have diluted their shares massively, and given themselves, two people huge raises while at the same time being near cash broke per their own 10-K, etc. What's the connection?
Anyone peddling a grand "conspiracy" theory(s) about some stock chat boards or whatever being "needed" to help this company fail- it's beyond laughable IMO. They need NO HELP and have 5 plus yrs, multiple CEO's, a wash list of departed, former Board members, almost no employees left, etc to PROVE IT. Got a beef with why they are where they are today- CALL THEM, IT's THEM and THEIR FAULT and nobody else's IMO. THEY ink those deals WILLINGLY with ASHER, they SELL and DILUTE and ISSUE TRUCK LOADS of warrants and shares and options and all WILLINGLY and then SIGN OFF WILLINGLY on their own 10-K/10-Q's and all, that explain it all CLEAR AS DAY in PLAIN ENGLISH. THEY defaulted on THEIR BofA loan- no one else did it for them. THEIR trials have been sitting, going nowhere for yrs now- no "stock board" or "chat room" did that or caused it IMO or that I can see or believe anyone can prove- not a chance in heck. THEY are the managers that have overseen ALL OF THIS, THEM, no one else has been needed to help them. It's laughable.
Yeah, there's a "paid team" to go after a 3 penny stock, who's teetering on BK/insolvency for over a yr now and has 4 or 5 people left, etc. Yep, makes perfect sense to me? And for this "negative publicity" claim, nonsense? HUH? What? It's been a 100, if not 500 to 1, as stated, CHEER LEADING SESSION on every board that pumps this thing- and has been for yrs. I have PR going back to 2009/2010 , to past CEO's and every last one of those PR and "blogs" and you pick it, is practically like reading what's been put out in the last 6 months to 1 yr.
ENDLESS "PR" of "deals" and "term sheets" and the "middle east" (yes, clear back to the last CEO, already had PR on middle east) and South and Central America (yes, former CEO said lots about that too) and "centers of excellence" (yep, clear back in 2010) and "imminent" big things "coming soon" and "partners" that were "close" and multi $million "financing" that was "about" to be "signed" but somehow never did, and "trials" and "BREAKTHROUGHS" (Sooo many PR with that word in it) and adding key "team members" and new "panels of experts" who were "going to" bring in tremendous "sales" or "big financing" but it just never seemed to happen and on and on and on. I've READ UM ALL. Every last one of um- clear back to 2009/2010, ole Google is an amazing tool, to say the least.
Yep. They need NO HELP to get to where they are today. And for what's happened in this past 6 weeks- if anyone thinks this is because of some "chat board" so called "basher/negative" posts- it's comical. Look at the EXPLOSION of 100% cheer leading chatter for two days now, as the stock price went into, IMO, 100% manipulated FREE FALL. It needed ZERO help. Pumped from 1 or 2 cents, to .08, then collapsed to .03, then back to .06 or so, then now a massive 2 day dump- and yep, it was those old chat boards who site those PESKY FACTS from the BHRT OWN 10-K. Yep. Makes sense to me? Gotta be kidding it's so laughable.
ASHER and the "insiders" themselves are the 100% most likely causes IMO for everything this thing has done for over a month and a half now, let alone the past several yrs. No need to look any farther than that. The lead guy just upped his own pay to nearly a $1 MILLION a yr total comp package, while the market cap just plunged now to about $12 million, not even enough to cover their cash deficit and debt pile as stated by their own auditor's in the "going concern" statement in their own 10-K. A million bucks a yr, to get these results? Yeah- blame the "stock chat boards", sure thing. Laughable IMO.
A "website" was created about the 100% REAL LAWSUIT? Huh? What?
That is the BROWARD COUNTY, CLERK OF A U.S. COURT, 100% legit "website"?
Should we call the County Court system in Broward and tell them they're a fraud or a fake? Complete with a duly elected "clerk",with a judge assigned and named by name, with a case ID number assigned and the plaintiff having a counsel retained, who via a simple google search is seen to be an EXTREMELY successful civil law firm- who by the way have EIGHT employees shown, versus the FIVE listed in BHRT's own, last 10-K? Really?
https://www.clerk-17th-flcourts.org/Clerkwebsite/BCCOC2/OdysseyPA/CaseSummary.aspx?CaseID=7155410&hidSearchType=party_case&DisplayCitation=no&CaseNumber=CACE13024037&SearchType=
So, it's being stipulated that this is a FAKE WEBSITE and FAKE LEGAL CASE? Really? Stunning IMO. Beyond amazing. Gotta be kidding? That is staggering "news" IMHO?
That site, is as real as it gets- as is the name of the judge, the clerk of that 100% real court, etc.
SEC FORM 4, "What do they mean" was asked.
Just more "enriching" of the insiders essentially IMO. They're more options being granted to them. Aka the get "free" shares (aka being given shares essentially) that can be "exercised" at a "strike" price and then sold, typically at a profit if the share price has gone above the grant/strike price. If the options are below the strike price, they are known as "out of the money" and could expire worthless. Normally when a company grants options to insiders, those options "vest", typically 1/4 each yr, for about 3 to 4 yrs minimum. Meaning if you were granted 100,000 options to buy at say .02 per share (always has a "strike" price), then you'd typically be allowed to "exercise those options 25,000 after 1 yr, up to 50,000 yr 2 and so forth up to yr 4, when you'd be allowed, at your choice to exercise all 100,000 and then if they are "in the money", meaning the stock is trading higher than the option-grant price, you could sell them for a profit.
What BHRT has been doing several times now lately is 1) They grant the options to these select insiders, such that they "vest" IMMEDIATELY and thus can be "exercised" and turned around and dumped/sold immediately at a profit. Usually, options are granted at the "market price" the stock is presently selling at- thus, the options are supposed to be a LONG TERM INCENTIVE to keep good, highly productive employees around, to perform and MAKE THE STOCK PRICE GO UP, via becoming profitable, executing on the biz plan and so forth- so they can make themselves wealthier one day hopefully. Not "vesting immediate", so a quick, dump shares for cash deal, to give them quick money can be created IMO.
I'm looking at Filing form-4 for Sam Ahn right now for example (will check and read them all when I get time).
He was granted another 800,000 options on 2/24/14. They VESTED IMMEDIATE on same day 2/24/14. They do not look discounted though- as the market price was probably about .019 per share then, which is the price of the option. (INTERESTING as heck though IMO, that this was just prior to the massive pump to .08 though? Coincidence? Don't know?, Strictly my opinion- but the timing was "perfect" so say the least, as they vested immediate, and thus by March 6th, the peak .08 day, they could have all been exercised and sold at a huge profit. (.08- .02 essentially = .06 X 800K = $48K for example)
What's most interesting though IMO, is that Ahn filed a SEC Form 4 (as did most other insiders) on 3/14/14. In that form 4, box 9, of table II, it lists his total derivatives holdings (options + warrants they were just given a boat load of warrants I believe, "in the money") it lists the total as 10,619,716 + 11,019,716 = 21,639, 432 as of that date 3/14/14.
This form 4, signed today, 4/15/14 lists box 9, table II total now as 19,019,716. Which IMO, means he unloaded, right when the price has been way up, he unloaded 21,639,432 - 19,019,432 = 2,620,000 shares, somewhere between 3/14/14 and today IMO. Over 2 million shares he would have at least "exercised" and IMO most likely sold then.
A quick run down of each form 4 shows the following IMO:
Kristin Comella was granted 400K options, priced at .019
Kristin Comella was granted 5 MILLION option at .019, of which 1,250,000 vested as of 2/24/14, the rest to vest at later dates
Samuel Ahn granted 800K more options, priced at .019
Mark Borman granted 800K more options at .019
William Murphy granted 800K more options at .019
Mike Tomas granted 800K more options at .019
Mike Tomas also was granted 10 MILLION options at .019, of which 2,500,000 have already vested, the remainder vest on later dates
Sheldon Anderson was granted 800K options at .019
All these "option grants" appear dated the same day, 2/24/14 and they all vested immediate, meaning on same day, 2/24/14, except for the remaining chunk of Tomas's 10 million (7.5 million remaining), 2.5 million stated as vested on 2/24/14.) Comella similar, 1,250,000 vested and the remainder of the 5 million to vest later.
THAT'S IT IMO from reading all those form 4's. They are option grants- give aways to insiders, and nothing more.
Anyone "trying" to claim this means some big "deal" or something "big" is about to happen, blah, blah, blah IMO doesn't know what they're talking about. Again, the timing of all these "instant grant" options being given out, then the price suddenly exploding upward on no news essentially on March 4 to 6th or so, is what's most "interesting" to me- the timing is "amazing" shall we say, in the least IMHO. Amazing. Did everybody exercise and sell these shares into that big run-up? Don't know until they file more documents later on. Simple as that IMO.
But they all filed Form 4's on 3/14/14 too, and those were also big option grants that vested "immediate" and were at .02 per share. And thus also would have been "big time in the money" on this recent run-up, for example 9/1/13 Ahn was granted 400K options at .02, vesting immediate and a bunch of other form 4's were filed that same day, 3/14/14, essentially saying the same or similar.
Just paying and enriching the insiders, nothing more IMHO. Granting um more options- no "implications" of "something" big, blah, blah, blah whatsoever. The OPPOSITE IMO, when you vest um "immediate", it says you're trying to give them ways to cash out as quick as possible to "get paid". Else, you'd vest the options in the future, nearly always. Even on the huge grants of millions to Tomas and Comella, they made at least a million or more shares "grant immediate" if you read the document.
That's my opinions and mine only from my read/understanding of the documents and nothing more. Take it for whatever you want. I'm not an expert, I'm not advising anyone, I'm not implying to buy or sell or anything else. Just a person who read the Form 4's filed with the SEC and giving my opinion on what they say.
If you have a different opinion- put it out there or whatever. Good luck.
Dog, been saying almost the exact same words, for a month plus now.
IF, this thing, this supposed "technology" and all, and all the "PR" so called "deals" and "talks" and "seminar" stuff was so scorching, cutting edge hot- then WHY is it a 2 cent stock on the OTCBB, and nearly always out of cash, and loaded with debt, every kind of odd-ball debt you can get IMO, and went into default on a key BofA loan and then created this "thing" called "Northstar" and on and on and on? WHY?
Let alone why so many "PR" never seem to ever come true, or even be heard about again- I can list 50, going clear back to previous CEO's about "deals" and "sales gonna be XYZ" and "imminent this" and "BREAKTHROUGH" (that is a favorite PR word of theirs IMO- it "litters" so many PR it's laughable IMO),etc? WHY as you say?
For the pittance of a market cap this trades at- WHY hasn't some "major player" or big firm or drug company or whoever just stepped in and bought um out? Why? It's petty cash drawer money to a major company to buy-out this market cap. Noise level money- but instead, you got nothing but shares being dumped like water, now diluting out the common shares to nearly half a BILLION shares (was 420 million at 10-K) it will easily be 500 million by a month or two more IMO, IF they're still paying themselves and paying there bills- cause there's no cash/money coming from anywhere else that I'm aware of? Let alone, if any of the "convertible shares" are now being "converted"- the dilution will be massively more.
None of it, as you point out, makes any sense in the slightest according to the "PR" and the "blogs" and $billion supposed market/technology, let alone how every key trial just seems to stall, peter-out and go nowhere, then they start over with a FIVE person "trial" in Mexico and blast if all over in "PR" as the next "big thing", when the phase II/III trial(s) sit parked and essentially going nowhere, the cheer leader squads here and on several other boards. It's a 2 CENT, essentially BROKE "company" of 4 or 5 people, TWO of which just "granted" themselves massive raises (as in a triple yr over yr in base salary plus bonuses) and it's in a rented office "suite" with a $60K or so total annual rent, is loaded with debt, etc.
No sense whatsoever to me either IMO. None.
Why "writing off" debt isn't a good thing??
Cause you just STIFFED/SHAFTED a creditor or someone who put faith in you via a "contract" or similar that YOU were going to pay them something back in the future, either installments and/or a lump sum and typically with interest, that's why.
Just go ahead and default on a mortgage or a car loan (which the finance company/bank will then "write off") and then go to "try" and apply for a new loan or credit or a biz loan or even to rent a place or whatever. See how well you're received and liked and what the interest rate will be- double digits min, if they will even lend to you again for years.
It's actually the creditor that "wrote off" the debt as being "bad". Which means they HAD, PAST TENSE, an ASSET on their "books/ledger" and now have to move it to an expense, a LOSS. Banks, creditors, those who loan- DO NOT like to see "assets" go bad and disappear for any reason. It can make them fail and insolvent if it happens enough times- and thus, they REMEMBER who did it to them previously, and share that info with other creditors/lenders/banks/investors in a thing called a "credit report" or a "statement of financials" or whatever- so the next guy knows if he/she wants to take the risk on maybe getting "stiffed" and not repaid. Of course some will always lend money- even to high risk pools or candidates- but you now have to pay mafia level interest rates plus points/fees, etc- there's no free lunch for having discharged past debts w/o repaying them.
BHRT gets to "discharge" it- meaning it moved from being an expense on that side of the ledger, to they now have to book it as a "gain" (read the exact words in the SEC 8-K release) and it may have tax implications. But the point/concept is the same- the wording of the original post just got it a little backwards as to who "writes off" and who gets the negotiated, magic "debt disappearing/discharged" part.
PRICE DOWN 70%, common stock from March 6th, to today (about 6 weeks). DOWN 99.40% from Feb 19th, 2009 to today.
Common stock shares massively diluted from 27,327,705 shares as of only June 30, 2010 to now 420,920,157 as of March 24, 2014.
And still, some call this a $billion "opportunity" or company and say "management is doing a great job" or whatever, blah, blah, blah.
By any generally accepted business metric, performance metric that I'm familiar with out there, this is a total, abject business failure by any measure anyone wants to use IMO.
AND, despite all that- the two key players in the company, just, essentially tripled their own compensation packages recently. One, the CEO, to a total annual compensation approaching $1 MILLION annually (while the total market cap is now $10.5 million, and the company is buried in debt and near out of cash- making it essentially worthless IMO)- that's laughable IMO. AND, that includes "bonuses"?? Bonuses FOR DOING WHAT?
(see most recent 10-K, PAGE 71)
If this doesn't smell bad to people, then they must be "hard of smelling" IMHO.
"RSI is approaching 30" AND price is approaching ZERO, as is market cap.
Great. Good. Wonderful. From one or two cents, to .08 in a matter of days, then to .0243 in what, less than about 6 weeks?
And one doesn't believe this is a total "set-up"? That's gotta be one rosey colored glasses, world view out there IMO.
If this past few months, doesn't put this on the SEC radar in a serious way, then I don't know what will, IMO?
IMO, "PR", "blogs", "webinars", "seminars", "talks", "deals in 3rd world countries", "term sheets", financing that "might" happen, trial "news" that "might" come true, blah, blah, blah, blah- NO ONE CARES, for certain not me.
It amounts to NOTHING, just noise is all I hear IMO. Pure NOISE.
End of story. Could care less about some "webinar", just adds to the total "set up" and bad smell IMHO. Totally meaningless. Unless it involves a LOT of non-dilutive, cold hard cash, or real "financing" on decent terms, then IMO, it's all meaningless and just hype and noise and pure nonsense.
"webinar"- sure thing, and they can put the pump-n-dump stock chart slide into the little webinar "display" for all to see, and the present bank account cash balance too. Then, the "webinar" or "youtube video" or whatever, "might" be worth a watch, or the 2.5 minutes or 1 hour or whatever taken out of one's valuable time IMO.
Else, might as well watch paint dry, IMO.
"Per the 10k. There are 50 million shares that were purchased (unregistered securities). Investorstemcell called this a type of "bridge loan" until Cassel pulls through with a funding deal.
Per the 10k these 50 million shares have to be "cashed out" between $0.0299 and $0.11."
COMPLETELY, TOTALLY FALSE IMO. Please cut n paste exact pages from 10-K. Not a shred of that is true IMO. None.
There were 50 million warrants "granted" as in GIVEN AWAY, in combination with 50 million shares of common stock that were sold for a total gross (means there could be fees and who knows what "costs" taken out of that gross) for $865,000 total. 865,000/50 million = .0173 was paid for each of those shares. No one "purchased" the 50 million warrants, they are GIVEN AWAY as a "sweetener" to the stock purchaser- to entice them to be willing to buy the stock, thus providing the $865K "financing". THAT is what took place.
Further, there is ZERO evidence any "bridge loan" which is a LOAN being in place, or going to take place or whatever. A "bridge loan" is just that, A LOAN. NOT warrants, not common stock being sold, etc but a LOAN (a DEBT instrument w/ a high interest rate typically and short duration) secured with "collateral", hard assets like real estate, machines and equipment, receivables, etc.
Also, the 0.11 for the warrant "strike price" (it's NOT the price the common shares were purchased at- see above calculation, they were sold at .0173 avg per share to gross $865K) is totally incorrect and is a "typo" in the 10-K and is corrected on the very same page.
Most recent 10-K, PAGE 51:
"
warrants issued in connection with our private placements in 2013 to purchase an aggregate of 50,350,536 shares of our common stock at prices from $0.011 to $0.0299 per share expiring ten years from the date of issuance.
Recent Sales of Unregistered Securities
In 2013, the Company sold an aggregate of 50,029,227 shares of the Company’s common stock and warrants to purchase 50,350,536 shares of the Company’s common stock for aggregate gross cash proceeds of $865,000. The warrants are (i) exercisable solely for cash at an exercise price of ranging from $0.11 to $0.0299 per share"
So, the "private placement" is/was done and is OVER, that common stock (50,029,227 shares was sold and would be included in the now, 420 million shares outstanding count, dilution), and that revenue/cash would have been "booked" already and shown in the 10-K and there was very little cash left end of 2013, so it's BEEN SPENT ALREADY.
Now, what you had/have is someone who has "IN THE MONEY" warrants, 50 MILLION of them (50,350,536 to be exact) at a "Strike" price of .011 to .0299- the first line in that statement above, from 10-K. The .11 below is a typo, they missed the zero in it. So those warrants (right to purchase more stock and then "flip" sell it if you want) are as low as just above a penny a piece- and can be "exercised" for .01 to .0299 which means they could, even after this massive selling, be at least some, WELL "in the money" still.
THAT is the truth IMO and with the facts/10-K to back it up, contrary to "other" statements being made.
"BHRT's future is bright"?? About as "bright" as one of those new "eco", maybe 3.5 watt, dim bulbs IMHO.
Nothing is "bright" here IMO. The market cap is now about equal to their debt now, again. Meaning, the market, for the most part is saying the "company" - whatever "that" is (rented suite, 4 or 5 people, some lab equipment, and some "deals" in who knows where, and some "trials" or whatever), is being valued now at about ZERO again. That's my opinion, and apparently that of the marketplace. ZERO or close to it, IMO.
Market cap approaching around $11 million now, that's $11 million away from zero (I have homes not a far drive from me, selling for that much), and when you add their debt back in, no cash essentially, no real assets per say, etc you end up with a value/worth of pretty much ZERO IMO. The market cap doesn't even cover the debt pretty much at this point now.
That, ain't a "bright" anything IMHO.
Most recent 10-K, PAGE 25: "verbatim quote"
"Risks Related to Our Financial Position and Need for Additional Financing
We will need to secure additional financing in 2014 in order to continue to finance our operations. If we are unable to secure additional financing on acceptable terms, or at all, we may be forced to curtail or cease our operations.
As of March 24, 2014, we had cash and cash equivalents of approximately $211,632.80 and a working capital deficit of approximately $13.4 million. As such, our existing cash resources are INSUFFICIENT to finance EVEN OUR IMMEDIATE OPERATIONS. Accordingly, we will need to secure additional sources of capital to develop our business and product candidates as planned. We are seeking SUBSTANTIAL additional financing through public and/or private financing, which may include equity and/or debt financings, research grants and through other arrangements, including collaborative arrangements. As part of such efforts, we may seek loans from certain of our executive officers, directors and/or current shareholders. We may also seek to satisfy some of our obligations to the guarantors of our loan with Seaside National Bank & Trust, or the Guarantors, through the issuance of various forms of securities or debt on negotiated terms. However, financing and/or alternative arrangements with the Guarantors MAY NOT BE AVAILABLE WHEN WE NEED IT, or may not be available on acceptable terms.
If we are unable to secure additional financing in the near term, we may be forced to:
· curtail or abandon our existing business plan;
· reduce our headcount;
· default on our debt obligations;
· file for BANKRUPTCY;
· seek to sell some or all of our assets; and/or
· CEASE our operations.
If we are forced to take any of these steps, ANY INVESTMENT in our common stock may be WORTHLESS.
"
"Bioheart is number 3 on the break out board. "
Well, it's NUMBER ONE on the REALITY BREAK DOWN SELL OFF BOARD.
"Break out board"? What is the "Break out board" and why should anyone care? LOOK at the reality of what's taking place across all the "stock chat" boards, the flood of nonsensical chatter, and then LOOK at the reality of the total price collapse.
Who cares what "Break board" says or "predicts" or claims, or whatever. It's meaningless IMO. Just noise. Penny noise, while the entire "set up" is taking place in real time, right here, before our eyes IMO.
"Bottom is falling out here. No support.
Looks like this turd is circling the bowl, reading to go down for good. "
I'd say that's one of the probably more truthful statements so far this AM among, and is the closest to reality IMHO so far, of all this "clutter" and pure nonsense being blasted out. Was finally able to find it, one decent statement, buried among all this nonsense clutter.
Guess truth, takes a little digging to find. Talk about background "noise" and nonsense on here now. "Someone" is "working" a total set-up IMHO. And it's not good. This is gutter level penny-ville IMHO only. It's bad no matter how you look at it IMO.
I was "critical" and "skeptical" to say the least in the past month from the run to .08, (on no "news" essentially, on zero financial condition improvement in the company, the two key people getting giant raises, more massive dilution in a one yr period- as in share count more than doubled, Asher floorless convertible finance deals right up to Feb, 2014 listed in the 10-K for yr ended Dec 2013, etc, etc, etc) and was essentially crucified for even "attempting" to speak about it, literally. Even attempting to post even some "questions" using the 10-K and what it said/says about their real financial condition,etc would get me beat down on here so bad, so many times a day- I was getting bored and exhausted from even trying.
Now, I won't even try and post the ole, "I told you so". But, I told you so.
"I think whoever provided money in exchange for those unregistered securities per the 10k is selling off before a major announcement and they aren't "in the money" anymore. IMO."
I think that's PURE, conjecture and in no way based in any possible facts that a "major announcement" is anywhere near and never has been IMO. "major announcement" has been repeated for over 2 yrs, and never materialized. Just a bunch of "empty" IMO,"PR", largely about nothing and "blogs" and "conferences" and "seminars" and "deals" off in some 3rd world country never to be heard about again and blah, blah, blah.
The guy yesterday who used the "scam" word- is looking more and more like a possible sooth sayer and sage perhaps.
NO WAY, all this "chatter" and cheer leading, across who knows how many stock boards and chat outlets and whatnot, came from nowhere all the sudden, AND the price collapses EXACTLY at the same time, near within MINUTES. NO WAY it's possible IMHO.
This is a "set up" of some kind- and it's ugly. 1 or 2 cents to .08 in a few days time beginning about March 6th, then back to as low as .03, then re-pumped to about .06 and now every chat/stock/PR/twitter whatever outlet lights up on the EXACT SAME DAY, EXACT SAME MOMENT with the most inane, empty nonsense "chatter" as the stock price goes into massive collapse on high volume?
No way again IMO? Not even close. I just can't where those rose colored glasses. I can smell this through my computer screen- that's how bad it stinks IMO, whatever "this" is that's going on. It's coordinated IMO, and it's B A D, bad.
AND, if "they" are short, you better believe they're still "in the money" right now, and also, are "some" of that 50 MILLION or whatever it was pile of warrants handed out like candy (IMO) - they went as low, if I remember, as .016 strike price or something (can easily verify in 10-K)
"final accumulation day"?? DOWN 17% on higher than avg vol is no one "accumulating" IMO?
That was massive short selling or just plain, dump-selling. The spread has tightened way up, which tells me the broker-dealer is done with the pump, and turned and went the other way now, more than likely. For two weeks- the spread was 5% to 12% to fill a lousy $1000 bucks worth. Suddenly, two days ago it began to tighten to like today, as in .033 bid and .034 ask for example.
The big "debt payoff" (actually negotiated not paying a major debt owed) did nothing, went over like a lead balloon. Lots of "PR" too about conferences and blah, blah- and it ain't doin a thing. Their cash, the $211K would be about zero any day now, given the burn rate- so unless "ASHER" or someone is "doing the deal" real soon, they're back to busted, broke.
Further, the key Seaside loan needed to be "renewed" (as stated in 10-K) by Q-1, 2014 as it expired on Dec 31st, 2013, and there hasn't been a peep about that yet either (Q1 was over, 2 weeks ago).
This can be in freefall for all we know right here. And nothing explains what happened across multiple chat and stock boards today- someone had a coordinated effort, including "things" right here that are beyond obvious IMO.
Someone's manipulating this in a huge, coordinated "play" -question is, which way are they really going? Was all the cheer leading the smoke-screen cover as they're loading massive short positions? No way to tell today what those sell order were- short, or just dumping. "accumulation" is a flat chart, not a 17-19%, high vol blow-out to the down side.
It broke the 50 DMA, if it doesn't solid bounce more than once off it, it's headed way down IMO.
Market cap is now back about $13.X million. Which, when you look at their debt, accumulated cash deficit, the entire company is being valued again at close to nothing now by the market. The market cap and debt are approaching equal again. And, as stated, a key loan is up for "re-guarantee" and we don't know what's happened to that yet?
Someone, almost like someone getting paid, or making a major money play stepped into this today- it's obvious by how they "stacked" and took over all chat and similar boards/communications outlets. Who they are, or who's paying them or what their motives are- who knows, but we'll know soon enough IMO.
It was coordinated IMO. They "lit up" the InvestorstemcelXX site too. That site hadn't had a BHRT post on it in days, maybe one every few days. Some guy named pharmXXX just posted today, like 5 times, exactly timed with what "lit up" on here.
So, we have confirmed from many sources that:
Twitter lit up
Some penny "news" site lit up or at least moved BHRT recently to a "hot" list on which it hadn't appeared before (gs stated)
A bunch of links and disclosures here (I-hub) suddenly appeared like a light switch. The $BHRT symbol appears all over the place.
Jj here said Seeking Alpha lit up too, exactly same timing w/ here and the "tweets" and all, like someone said "GO" and all the blasts hit all the boards at once.
And more- probably on chats, penny sites we all haven't even totally figured out yet. ALL timed as if someone threw a switch, or sent an email blast or who knows what, and gave the "GO" instruction?
Had to be coordinated IMHO. This has a bad, bad smell to it IMO. Don't know if it's gonna be a pump coming up, or this is the dump/shorting side? Remember, I posted links prior- and wasn't popular for it, links that very clearly explained how "toxic financing" works.
The one link had a great example of what happens when say, an "ASHER" type of firm goes short. It's called a "ratchet" in that they sell some short, price drops, cover some, short some more, price drops, cover some more- on down, until they finally hit the bottom desired price, then use the balance of their "convertible" shares to cover their remaining short- and laugh all the way to the bank.
I'll repost the link- this is one of the best explanations, easy to read and understand I've ever found. It's good especially as it gives an exact example as to how they (ASHER type firms who specialize in "floorless" convertible share for cash deals) or someone like them, would take the chunks of money/shares and actually do the step by step, step-down process like today, to "ratchet" down the short, then the final "cover" at the bottom, which could take days or weeks to reach their "bottom" target price, and how much "bank" they can make on their money.
http://www.stockpatrol.com/article/key/deathspiral
Also, agree with others- don't think using the "scam" word is the right place to go (that's a pretty specific and "delicate" word to say the least- lets don't go there IMO).
It's a penny stock that's struggling in major ways with "financing" and cash needs, no doubt. Because of that, they've had to "work" about every rabbit trick, make use of every available "finance deal" , get in bed with about every lender of last resort (aka ASHERS of the world) and more to "try" and stay afloat- and because of that, they get in the hurt locker unfortunately of being at the behest, IMO, of some of these stock folks of the OTC and penny/microcap "finance" world. Asher types, a lot of recent "in the money" warrants, shares used to pay others- who may then want to unload all the sudden, etc. - which, probably all adds up to a pretty good chance the stock is ripe for manipulation and/or being jerked all over the place for a multitude of reasons.
The "ASHER types" of this world, IMHO being the worst and most likely suspects when things go really "odd" as there are entire threads/web sites, etc that have tracked the historical volatility and often, sometimes even demise of stocks who have had to heavily rely on the "floorless convertible" share route, and specifically "Asher", unfortunately.
http://investorshub.advfn.com/~-ASHER-~-25451/
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=68247638
Only thing that bothers me the most today though- is the, at least, STRONG "appearance" IMHO of some sort of "coordinated" form of "collusion" in using all these chat and PR and other sites together. THAT would be heading into serious SEC violation territory potentially IMO and gross manipulation and classic pump n dump, or dump n short or whatever- in the worst connotations possible IMO. And that's bad- as the poor retail saps (people typically on a board like this) can get taken to the cleaner and never know what happened? Collusion is/would be a bad, bad thing IMO. Is it an ASHER type firm, or some "short team" or whoever? Don't know and can only speculate. But many articles, credible articles, even the SEC own warnings about what "convertible" shares with "reset-and-floorless" can do, and how they are often "worked" in some "coordinated" fashion to pull off all kinds of "odd" trading stuff, exist all over the net.
What exactly just happened today- not sure in the slightest? Tomorrow, this entire week, will be interesting to say the least. I can't prove anyone like "ASHER" is involved. I only use their name over and over, as we know from the 10-K, they have been the primary go-to source for the convertible share, floorless type "financing" deals for BHRT, but I can't implicate them in anything, as I have no proof- so let me state that clearly here. I'm purely tossing out theories, hypothesis and only OPINION, so don't take it as anything more than that !! I only use their name as an example of a "type" of "finance house" who tends to specialize and do deals in "floorless, convertible share deals" and we know, specifically they have done, as recent as Feb, this yr, deals with BHRT. So, I'm in no way implicating them in anything, nor can I prove anything.
All is speculation that I post. Nothing more.
CHECK DISCLOSURES- there in lies the "clue" IMO.
Jj just pointed some things out about "twitter" and "seeking alpha" all "lighting up" apparently in unison, and I pointed out the chatter-blast here, like someone threw a light switch on at XY hour. Notice, all this "stuff" suddenly has the "professional" level, what I call, a "registered trader or investment adviser or pro-trading house" required legal statement on it.
Just read a BUNCH of what "suddenly" has come up on here that most of the regulars have never seen- you know what I'm talking about.
And look at the bottom of those statements, BOLD BLUE chatter, old news rehashes, company product descriptions,etc
BOTTOM OF POSTS: (usually this is the CYA for "pro" people)
"What I say is my opinion and my opinion only! Happy Trading!"
"Visit my board"NY Penny Stock Exchange" for today's pick at"
"The posts contained on this account are my own opinions and are not recommendations or advise to buy or sell any security, stock other investments."
"Consider all my posts my opinion and not advice to buy or sell anything. I post on stocks I own or am considering owning. Do your own DD!"
AND, "suddenly" a bunch of links at bottom to self promoting penny trade sites, "newsletter" type sites and similar? ODD as all get out IMO?
Notice now to- market closed and the flow of "chatter" was like someone just shut the faucet off? SILENCE all of the sudden? A DUMP or short or something? Wow, that was some wierdo stuff IMO? Really penny-ish and bizzaro IMO? Like where and why did that come now, today?
AA, no, I don't IMO think anyone's going there. We both posted some "technical chart" stuff and were both "speculating" about the 50 DMA , which is a well known "technical" trade point.
No, many here, have seen this nasty "stuff" before- we're more than likely (I can't speak for others) but IMHO, I'd say we're all thinking the likes of the "ASHERS" of the world, or something with these piles of "warrants" or a big, insider or institutional seller needing to unload- someone just stated that, and it's as good a theory as I can think of IMO.
No, I think this is regulars speculating about some "pro" as in "professional" level "house" being behind this somehow. Not the first time it's been seen on BHRT, let alone the OTCBB, penny world obviously. They're just a bit shocking and surprising when they hit out of the blue- as they always seem to do.
Things were cruising along, I personally stated vol IMO was "drying up" a bit, getting thinner, drifting toward 50 DMA as we exchanged posts.
I was gone from computer for several hours- decide to check in and first thing I saw was posts were 87 at top of page? I was like WHAT THE HECK? Scrolled right down and wanted to see the price and volume and BAM, it's bleeding red. Then I jump over and start to read the threads/comments and it's bizarro-world in bold blue, and old news re-hash and happy-pump chatter box talk talk. I was like, WHAT THE HECK happened here when I was gone?
It's like driving up to a bad car crash, after they moved the cars to the side of the road and trying to understand/figure out what just happened. Don't think anyone has you cited or even suspected in anything. No worries- you were just looking at 50 DMA and so was I, doing chit-chat about maybe a trade or my theory if it would bounce and hold support or not. I never suspected it blasting through it like this.
But the board, chatter-blast activity is the real puzzle piece IMO? Really odd to say the least IMO.
"Generally I have seen the "$" being used on Twitter and SA. "
Jj, I'd buy that "theory" as being as good as anything out there- we haven't always seen eye to eye, but I think we both agree this is really "odd" and smells bad most likely? I ain't gotta clue on it- and that's the honest truth.
I don't follow the "tweets" and have stated so before- so, you could be more correct in that you have some previous experience watching that side? (gs I think knows the "tweet" side pretty good too- wonder if he's got a theory?)
What does "SA" stand for? Not familiar with that term? Is that another outlet or place they post or something? You're saying you see that $BHRT symbology used there too?
Interesting to say the least? Man, they're pounding it to the down side now, 19% and volume going way up. This has to be "institutional" IMHO. I smell "ASHER" or their ilk or something along those lines here. Purely speculating and opinion of course- but I'm clueless.
I was stating about the 50 DMA at .034 or whatever for a couple of times- just a chart/technical analysis type deal, which doesn't always make me the most popular guy in our debates- but this is bizzaro level stuff. There's no "technical/retail" trade going on here IMHO. This is someone/something "organized" as in "pro" IMO.
Even ole Gs and I don't get along a lot in debate- but he stated several times (paraphrasing) that it's "sad or not good BHRT is on the "OTCBB" as it leads to manipulation and all and what not." And I totally agree with him on that. I posted "yank and bank" or "jerk and pull" or whatever you want to call it before- it's OTC ,penny level stuff and the retail folks just get blasted, blind sided from nowhere IMO.
I'll be waiting for the dust to settle on this, that's for certain. The 50 DMA had me intrigued a bit. That just got all blown away in about 30 minutes now- and the board behavior and now hearing of "tweets" and all, means it's real "danger Will Rogers" territory IMO. Let dust settle, re-evaluate, try and figure out what the heck just happened.
Has some "smell" of that dip to .063 day- remember that in Dec 2013? How fast it came on, and BAM, gob smacked everyone out of nowhere?
SPARE ME THE ALL CAPS AND BOLD BLUE PLEASE- it doesn't make the PUMP or whatever it is, any more credible. Thanks.
The statement is vapid, empty and meaningless IMO. Thanks for wasing 2.5 seconds of my life to read it. Really, and IN BOLD BLUE. Really.[color=red][color=red][/color][/color]
"but I feel like a strategy is in play to provide enough optimism that will enable holders to hold while someone somewhere liquidates their shares."
I think that's a totally plausible "theory". It makes sense. I just stated near same idea, along the same lines. Either short, cover, short, cover in increments down, while keeping enough "optimism" that the buying doesn't totally dry up.
Or your theory just described above too- that there is an "unloading" and the pump-up the "optimism" is to try and keep enough of a floor under it, so as to unload w/o total price collapse?
I think that's as good an idea/theory as any IMO. Somethings "cooking" and I don't think it's "good" IMO??
$BHRT symbol being used repeated? That to me is associated with certain, IMO "pro" firms/commentators I'm familiar with here.
They have the pro "disclosure" typically at the bottom of their posts? Don't think it's a coincidence that suddenly that same symbol "$BHRT" specifically with the "dollar" sign in front and in all caps is getting plastered all over?
Something smells bad here IMHO?
I'm puzzled to say the least too. This smells of "Asher" or something IMHO. As stated- are they going short or long or "warrants" or who knows what?
You and I don't always agree- but you ain't kidding here, something is "up" to say the least and who is behind it, would be fascinating to know IMO?
From about 20 posts maybe a day, to suddenly 88 or more in the blink of an eye- from one's that never followed, as least not in a long time on this company, while the price is going all bizzaro?
Wierdo-rama IMO. You're correct- something/someone appears to be cooking up, brewing something and it probably isn't good for the health of the stock one way or another IMO?
Down 16% plus, while volume is now heading up. All the positive, "happy" news, re-hashing old news links? Is that a "disguise" for the firm doing the shorting so they can prove they didn't go negative on it, or is it to keep enough buyers as they short, cover, short, cover- wash, rinse, repeat on the way down?
As weird as I've ever seen- I think odder than the .063 dip day, which threw everyone for a loop, to say the least?
Wow, you got me on this one?
You ain't kidding !! PUMP AND DUMP is so obvious, Ray Charles can see it from 100 miles away. Funny though- it ain't working so far. Busted the 50 DMA and not looking good for a bounce so far.
Some boiler room just lit up the board though, IMHO. Wow. It's called "stacking the board"- a planned attempt to push anything but "cheer leading" posts off the front one or two pages and bury anything based on anything except hype.
They're dredging up old accounts that haven't been used for years. Interesting to say the least. Watch for a "PR" or "tweet" blast about "something/anything" IMHO. That would confirm it IMO.
Well, they're under about $5 a share and that's despite having "TEVA" (a pretty big hitter on board as a partner) and they list quote:
"Mesoblast’s intellectual property covers the Company’s cellular therapy compositions, efficient processes for their extraction, purification and manufacturing scale-up, and the broad range of applications for which they are being developed. The intellectual property portfolio includes ownership of or exclusive rights to 61 patent families, which provide major commercial advantages and long-term protection across a number of technologies in key markets including the United States, Europe, Japan and China."
And BHRT lists "Myocell" as pretty much, if not at all, as having no patent protection anymore, again their own 10-K statement(s).
So, with all that going for um- Mesoblast is still looking to be on a long, long road- and their stock is in a straight downtrend if you look at the chart. $6 to $4 and still trending down.
And they're "starting" a phase III, which means, IMO they are at least several yrs out from even concluding, let alone does it "work" and then submitting for approval- and wow, 1700 in the trial.
See the Baxter trial- FOUR years they are stating to even get "final data" and Baxter obviously knows what the heck they are doing - and has a staff and money to draw on, second to none IMO.
http://clinicaltrials.gov/show/NCT01508910
Enrollment: 291
Study Start Date: April 2012
Estimated Study Completion Date: June 2016
Estimated Primary Completion Date: June 2016 (Final data collection date for primary outcome measure)
NOTICE: it is a phase III, "ADULT AUTOLOGOUS" stem cell trial.
Here is a previous one that Baxter "concluded", took 3 yrs according to the .gov site and is the same type of "CD34+" cells and had 150 patients it looks like. 3 yrs, 2006 to 2009.
http://investorshub.advfn.com/boards/post_reply.aspx?message_id=100549460
FOUR yrs they are expecting, and it's only 291 patients, a phase III and I personally would trust that Baxter, again has a world class "staff" at their disposal, probably 2nd to none in the industry IMO as born out by their past record of enormous economic and product success and industry reputation. They are trading at $72 a share with a $40 Billion market cap, 60,000 or so employees on probably every continent on the planet, and are enormously profitable and consistently profitable and pay a dividend, increasing dividend to prove it. So, I think it's safe to say they "know what they're doing"- so when they list 4 yrs, for a 291 patient, stem cell, heart related, phase III trail with the FDA, they must have some "clue" what the heck they are doing?