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Sunday, October 26, 2014 1:47:18 PM
Yeah, pretty amazing picture of what a 70% to 80% decline in about 6 months looks like- from a PR hype run-up around March/April to a peak of .08 then a rapid collapse within days of greater than 50% to .035, then a run back to around .06, then a 6 month pretty steady decline to now about 1.5 cents.
Amazing. And that tremendous 6 month loss occurred despite a barrage of PR about "deals" in all these 2nd and 3rd world countries and most recently the big release of the Angel 12 month "update" big PR.
Hard to tell who's selling it off so hard, but that's quite an amazing looking chart and share price/market cap loss in just 6 months, despite all that PR and good news. Makes one wonder IMO. Very fascinating.
I guess maybe enormous amounts of common share dilution that BHRT does on a continual basis and use of a lot of convertible, toxic debt deals, like this most recent Magna $300K note, which really only brings in about $200K cash, and has a 12% interest rate and extremely discounted shares could cause a lot more of the same kind of decline? Magna is known on other I-HUB boards and similar discussion boards as a share price crusher (they're also known as Hanover and a few other affiliated names).
I-HUB has entire boards/threads dedicated to companies who used Magna/Hanover and then the stock share price was pretty rapidly crushed, in nearly all the cases I read (I actually went and looked at the chart for each company name mentioned)- some well put together discussion boards on here, I-HUB, IMO, about this topic of Magna and what they do.
So who knows, should be very interesting IMO.
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