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Re: NYC Trader post# 7366

Wednesday, 04/16/2014 10:57:53 AM

Wednesday, April 16, 2014 10:57:53 AM

Post# of 106837
"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.