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Friday, April 04, 2014 10:31:17 AM
a) Unregistered securities are just that- common stock that has already been sold for cash, adding to dilution.
b) Only short term "loans" I am familiar with, per the 10-K, are "convertible share deals" that carry a "note" attached to them. Again, typically resulting in more common shares being dumped, more dilution and have been used for at least a yr or more by BHRT for a continuous stream of month to month, maybe a few months of cash at a time.
c) A bride loan is just that, a "loan". What indication is there that BHRT is getting or going to get a "bridge loan"? Where? Bridge loan always, as far as I've ever seen, like all loans require collateral- real estate, plant and equipment, inventory- something tangible to secure the loan for the bank/lender. I am not aware of BHRT having any real "assets" IMO? How would they get a "bridge loan" - which is a very specific finance term and a very specific type of loan, only used typically in very specific situations?
Just tossing the word/term "bridge loan" out there, doesn't mean it's even remotely likely to happen or that there's any data to support that one is impending, IMHO. Where is this "bridge loan" and from who and backed by what collateral, etc? Where? Was it discussed in the 10-K or any recent company public documents?
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