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Wednesday, January 07, 2015 4:27:44 PM
No, it's actually not "higher" than a yr ago. On Jan 9th, the trading day of that week, Jan last yr it was at ONE CENT.
Today it's trading at essentially ONE CENT, and touched exactly ONE CENT today.
Thus, it is not "higher today" than it was last yr.
Further, it's now in a sustained, 9 month unbroken downtrend in which it is making lower highs and lower lows w/ the down days always being the higher volume days. A sign of extreme technical weakness and large, unabated selling pressure with little to no buying interest. It's at a 52 week low and very near it's all time low, despite being in business since 1999 and public traded since 2008.
The common shares have lost over 99% of the common share value since going public in 2008 ($5 a share to now essentially 1 CENT a share).
The common shares have lost about 98% of their value since the present CEO took over in 2010 (about .50 cents a share to now 1 CENT a share)- the CEO who just helped self-vote himself a very large base salary increase and a cash bonus for just 2014 of $500K dollars, from a near cash broke company of 4 full time people per their recently filed proxy statement.
BHRT has gone from $5 a share in 2008 to now 1 CENT a share and have diluted to over 20X the outstanding shares now via massive dilution to the common shares- for the most part rendering them worthless.
That's just the reality of the situation. Those are published, historical facts and data and simple math, no opinions or interpretations needed. Just is what it is. Reality.
Down 14% today on pretty high vol, parked at 1 CENT w/ the market cap now at about $5.7 million w/ current debts exceeding $10 million and just short term obligations like accounts payable and a few other expense entries at around $4 million per last 10-Q and $46K cash on hand last reported. Wow. That's pretty tough sledding to me.
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