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Re: doglover1 post# 8504

Tuesday, 04/29/2014 3:27:53 AM

Tuesday, April 29, 2014 3:27:53 AM

Post# of 106841
Well dog, it's now been 10 trading days I count on my chart, since it broke the 50 DMA (.036). And the down days have been on higher vol than the "up" days since then (the days where the broker/dealer IMO closes it "flat" at end of day on a lousy $500 order for instance- after it's traded down the entire day). It hasn't made even a break to the 50 DMA avg since, in those 10 days now. That's a down trend and weakness in my book. It's making what I call lower highs and lower lows now- a down trend and weakness IMO. Also, volume on several days is getting much, much lighter- it's drying up IMO. Which on this thin a traded stock- usually means a big down day can come in a blink, if the past is any indicator.

Next stop would be the 200 DMA at about 2 cents or just under that. Barring any pump or similar, I'd venture that's where it's heading IMO, based on a 2 yr, 2.5 yr chart of these similar, past, shall we say "events".

As to trials progressing or similar- I can only say, and always only go by what's in, or what's not in the SEC filed 10-K or 10-Q only. That's why I noted that the Q1, 10-Q is due out here pretty soon - say approx. two weeks. My opinion, if the "big" MIRROR trial gets another "barely mention" as it did in the big, touted, "here will be the big news", end of yr 10-K (or as many "claimed" in the ole "blog", which didn't happen), then I'd say big trouble is a brewing, as in it's not progressing or moving forward at all, IMO (as in no funding and/or other "problems"). It will be one of the first things I look for in that 10-Q. I've always said; PR, "blogs", "tweets" whatever, don't count for much in my book and in my opinion- the document that "binds um" legally- is that SEC filing. If it ain't in there, or if it is in there, good or bad, that's the words/wording that matter IMO. It's all that really counts in the end IMO.

My opinion- is most on here, and elsewhere, never even really read the 10-K or 10-Q or similar SEC filings, cover to cover, let alone really know what most of it says or means (and I'm not claiming to be an expert, or forensic accountant or anything by a long shot- but I can take a pretty good crack at, at least trying to decipher pretty well what it says and means, and read every line, cover to cover, IMO). It's not exactly light reading, and if one has no financial or decent biz background- they can't follow a lot of what it's really saying IMO. They read the Yahoo or similar "summary version" (like a Reader's Digest condensed highlight release) one or two paragraph version- and then "think" they just read, what in reality is a 40 to 50 or more page, pretty complex document.

So, next up is the 10-Q release on the calendar for me. Share count (dilution), cash on hand- probably their most critical number IMO, MIRROR going anywhere or not, "financing" and at what terms- as in, are there more floorless convertible deals like ASHER being used to keep cash essentially "trickling" in, and past "PR" such as middle east "deal" or similar- do they get mentioned in 10-Q, and what have they or are they amounting to- as in sales, revenue, progress, etc.

Many, as I've said before (Pr's and "deals", etc, IMO)- I've looked for many times, and never seem to find um again when it comes to SEC document time (and I'm talking about stuff going back years, across multiple CEO's- about "big" stuff gonna supposedly or "potentially" happen- then just lost when the 10-K's or 10-Q are read later, say 6 months or a yr later, just never heard about again, IMO). They just sort of "vanish" and aren't heard about again IMO. Of course, that's why you always put that ole SEC disclosure language, legal-eze at the end of every PR when speaking of these "deals" and so forth- you know.

I've mentioned the "middle east" one, as in my opinion, it's a perfect one to look for in future 10-K's and 10-Q's to see what it "amounts too", if it ever amounts to anything. Here is the link- see how it sounds "big" and wow, and it must be going to bring in something "big" and all, that's my read IMO. What I found interesting, was I found one way back (a PR), under a previous CEO, about something very similar- a "deal" in middle east countries, but was it ever heard about again?

Here's the one I'm talking about now:
http://www.marketwired.com/press-release/bioheart-announces-agreement-with-anosis-to-distribute-products-in-the-middle-east-otcqb-bhrt-1844922.htm

I want to see what this "deal" has become- is it mentioned in the SEC filings, are revenues coming from it, is it turning into "big" things- cause the "PR" sounds great, right? That's my opinion. But what is it/will it really become? Don't know? And of course the end of the "PR" always has the ole "disclosure" - so if it never amounts to anything and doesn't go anywhere, well, then they're all "covered" via disclosure. Here's what it always says at the end of these "PR" announcements:

"Forward-Looking Statements: Except for historical matters contained herein, statements made in this press release are forward-looking statements. Without limiting the generality of the foregoing, words such as "may," "will," "to," "plan," "expect," "believe," "anticipate," "intend," "could," "would," "estimate," or "continue" or the negative other variations thereof or comparable terminology are intended to identify forward-looking statements.
Forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause our actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by the forward-looking statements. Also, forward-looking statements represent our management's beliefs and assumptions only as of the date hereof. Except as required by law, we assume no obligation to update these forward-looking statements publicly, or to update the reasons actual results could differ materially from those anticipated in these forward-looking statements, even if new information becomes available in the future.
The Company is subject to the risks and uncertainties described in its filings with the Securities and Exchange Commission, including the section entitled "Risk Factors" in its Annual Report on Form 10-K for the year ended December 31, 2012, and its Quarterly Report on Form 10-Q for the quarter ended June 31, 2013. "

There's the ole legal-eze. Thus, if that great sounding "PR" never goes anywhere, never amounts to anything, it's all been "covered" in the, "we told you the risks" statement, IMO. But that's one example- I'll be looking for it in the SEC doc. What has become of this "deal"? Revenue? Sales? Expansion? Anything? See? The "PR" sounds "big"- but is it amounting to anything? Who knows IMO?

10-Q, next "big" event IMO. We'll see I guess.