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Re: None

Friday, 02/06/2015 10:22:43 AM

Friday, February 06, 2015 10:22:43 AM

Post# of 106839
Broke ONE CENT this AM. Opened at .0098, back to two zeroes after the decimal.

Also, MM BMAK is sitting back on the Ask, with you got it, a perfect 10K share block right not. Always 10K shares at a time for ole BMAK.

http://www.otcmarkets.com/stock/BHRT/quote

Looking real, real weak in here. They pretty much fired off all the "big news" they had again but the PR run-up didn't hold.

They got some folks to buy at .0229 only what, maybe one week or so ago, who are now sitting on pretty much a 50% loss now? Wow. Those people if they held those shares now need a 100% gain just to get back to break even. That's pretty tough sledding.

The PR just doesn't seem to run it up like it used to IMO, with all the dilution overhang shares out there - around 300 MILLION shares issued out in just approx. the past 1 yr alone, a good chunk of those going to toxic/convertible debt finance houses (Manga, Asher, Daniel James and Fourth Man are known for certain from recent SEC filings).

From the latest, most recent 10-Q filed, PAGE 9

"Fully diluted shares outstanding were 659,543,477 and 323,296,916 for the three months ended September 30, 2014 and 2013, respectively "

That's a lot of shares from just 2013 to 2014, 1 yr period, yr over yr:

659,543,477 - 323,296,916 = 336,246,561 new shares O/S (336 MILLION) More than a doubling of the shares O/S in about 1 yr and no slow down in that pace of dilution that I can see- not with the recent Magna deals all in place now.

That last 10-Q fully diluted share count wouldn't even include the most recent inked Magna finance deals. Those alone, from the share registration and prospectus filed will add another pile of instant dilution shares of at least:

31 million shares more just for the $200K note + 9 million in fees/expenses to Maga = a minimum of 40 MILLION new dilution shares in just the past few months having been issued out and possibly now free trading.

Then as much as 15 million more to Magna for additional fees/expenses (see the Magna "credit line" SEC filing for details) plus if Bioheart were to have made a "drawdown" or two by now on that credit line- who knows how many 10's of millions more common shares could have happened now by the time it hits early March 2015?

There may be as many as about 100 MILLION more shares issued just for Manga in the past few months would be my guesstimate.

Then one has to add in all the other shares Bioheart issues out in any given qtr- for everything from paying options grants to insiders, to common bills such as "notes payable" to "related party payments" to "accounts payable" to "interest on debts" etc (just read any 10-Q or 10-K from the past several yrs and there is always millions of common shares issued out for all kinds of matters by BHRT, usually 10's of millions in a single qtr).

Dilution, it has effects and consequences has been my experience watching any company that dilutes their shares as heavily as this one does- almost always pushes shares to the downside per my experience. Just too much share overhang- 10's of millions of low priced shares issued out and a lot of convertible (floorless) debt "financing" deals done- a lot.

My 2 cents.