"reverse stock split coming....soon?"
Who the heck knows IMHO at this point? The increase to 2 billion outstanding shares- sure came out of left field IMO. I thought the 950 million number, only increased about a yr ago was mind blowing for a then, 2 cent or so stock. 2 billion shares on a sub 3 penny- it can't mean anything good IMO.
Don't have a clue what they're doing, or where they're going IMO. It's BioHEART, and it seems now, one hears less and less about the "heart" part- and now everything else under the kitchen sink from ED (erectile dysfunction) to "orthopedic" to "eye" stuff to "animals" to "medical tourism" all over who knows where in the 2nd/3rd world, to I haven't got a clue anymore? I can't even keep track anymore of all the "stuff" they claim to be involved with using "stem cells" and all the "deals" and what not- all with 3, total employees left according to their own, recent 10-K? Makes zero sense to me anymore?
Seems that the key "heart" trials are like not even the big "focus" anymore IMO. This next 10-Q, which should be out in a few weeks, this one IMO, is thee big one. If there's not some key update info and other key info in it, then IMO, this "thing" has gone rudder-less and is just drifting, tossing anything at the wall to see if it will stick, etc.
That's my 2 cent opinion only, just mine and nothing but an opinion. Anyone else (ole bud) can love it, think it's about to explode upward, gonna trade at .50 cents "soon" or "go to the moon" (heard that one a few times recently), has "imminent BIG financing" that's supposedly "about to happen" (the ole "bridge loan, or "mezzanine" finance of recent lore), one can buy, sell, hold, trade- whatever they want - certainly don't listen to me to make decisions.
My opinion, mine only- the 10-Q is the next big, critical piece of info.
Notice- the ole "PR MACHINE" release today about the "big talk at the aging blah, blah" -whatever it said (I personally don't even need to read it, IMO), notice how much it's "helped" the share price and market reaction today? For a 3 "employee", micro, micro, micro cap company, I'd swear, IMO, they put out more "PR" on average than freaking Apple or Facebook or Microsoft for example. I'd have to count um on an average month say, but they sure put out a lot of "PR" IMO, and put out a "PR" about "something" (anything) on a schedule you can practically set your watch to, IMO.
And I think one can reach the point of "PR saturation"- it just doesn't "do it" for many anymore IMO, cause they read the same old PR "stuff" over and over and over again- then watch their shares sit at 3 cents, or now at sub 3 cents, while waiting on the "real news" like a phase III trial, that just never seems to come. That again is my opinion and mine only.
