"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.
