"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.
