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Re: None

Thursday, 02/05/2015 2:15:35 PM

Thursday, February 05, 2015 2:15:35 PM

Post# of 106839
Quote: "Ugh that's exactly the point. Bioheart had been funding themselves on dilution just like OCAT. However Bioheart is moving away from that with increased revenue to limit further dilution. Have you seen the revenue increases in 2014 compared to 2013? "

1) There is ZERO PROOF or reality that Bioheart is "moving away from dilution". PERIOD. They just did their biggest dilution yr in their history: 300 MILLION plus shares in less than one yr (see latest 10-Q SEC filing)

2) "revenues" have made ZERO difference in their ability to generate cash or positive cash flow because their expenses have far outgrown, outpaced any bottom line revenue (also top line revenue was eroded by very high cost of sales- netting them very little cash in the end).

3) Top line "revenue growth 2014" amount to no difference in their desperation financial situation- "sound bite nonsense talk" versus READ THE SEC FILINGS, and the "set of financials" most importantly (typically the first 6 or so pages of the 10-Q, the balance sheet, statement of operations, statement of cash flows, etc). They took a larger loss from operations yr over yr in the 9 months so far of 2014 than the same period of 2013. Again, costs and expenses are out of control (think $800K bonuses just for starters)

Talking in nice sounding "sound bites" and platitudes versus the REALITY of the SEC filings and financial statements. They are NOT "moving away from dilution". NO PROOF, not one shred of that via reading the SEC filings. They just signed up for a massively dilutive Magna "credit line" in addition to a recent Magna "note"- the lower the price goes right now, the more dilutive that Magna line gets- and BHRT made it clear in the share registration statement that they plan to "tap" all $3 million of that Magna line, aka PURE DILUTION and a super tanker full of it.

NOWHERE is there any reality I can find that they are reducing their reliance or need for dilutive, toxic, desperation financing to survive and stay alive and pay essentially two people of the 4 total, pay those 2 people, $1,575,000 annually. I'd like to see hard financial numbers proving otherwise, not fast talk and sound bites and platitudes.