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Saturday, 02/07/2015 9:34:26 PM

Saturday, February 07, 2015 9:34:26 PM

Post# of 106839
2 BILLION shares authorized and w/o the input or vote of the common shareholders.

WHY did BHRT do that if they don't plan to DILUTE, DILUTE and DILUTE? Why did they take the time and effort to specifically, massively increase the available share count out to 2 BILLION shares? Why?

They're more than likely going to hit the 1 BILLION share mark before too long here IMO- at the pace they'r presently diluting and thus would have blown past their then 950 million share limit. So why did Sr. Mgt choose to make the A/S count such a huge number of now 2 BILLION A/S shares other than to use them for massive dilution?? And they did it w/o any vote of the common shareholders- fascinating to me.

From the SEC filing to increase the authorized shares 4-28-2014:

http://www.sec.gov/Archives/edgar/data/1388319/000114544314000633/d31331.htm

Quote:

"WE ARE NOT ASKING YOU FOR A PROXY AND YOU ARE REQUESTED NOT
TO SEND US A PROXY.

The actions to be effective twenty days after the mailing of this Information Statement are as follows:

Ratification of the increase of the authorized shares of capital stock of the Company from nine hundred and fifty million (950,000,000) shares of common stock and twenty million (20,000,000) shares of preferred stock, both $.001 par value respectively, to two billion (2,000,000,000) shares of shares of common stock and twenty million (20,000,000) shares of preferred stock, both $.001 par value respectively, effective as of the filing of an amendment to the Company's Articles of Incorporation with the Florida Secretary of State.
The increase in the authorized shares described in the accompanying Information Statement has been duly authorized and approved by the written consent of the holders of a majority of the voting capital shares of the Company’s issued and outstanding voting securities, your vote or consent is not requested or required. The accompanying Information Statement is provided solely for your information. The accompanying Information Statement also serves as the notice required by the Section 607-0704 of the Florida Business Corporations Act of the taking of a corporate action without a meeting by less than unanimous written consent of the Company’s stockholders."

WHY, other than to use to DILUTE, DILUTE, DILUTE? Why else do it? If this "claim" of the msg board that dilution is coming to a supposed end and they, the Sr. Mgt knew that- then why did they go for a big number like 2 BILLION A/S shares? And then start diluting at a furious pace- a pace faster than anytime prior?

How much more massive dilution is the Magna "financing" now going to add? It's already known that the Magna $200K "note" is at least 31 million shares of pure dilution and 9 million more shares went to Magna for just "fees" on the new "credit line" so that's 40 million right there, in a period of probably less than 1 month. Where's the proof that dilution is slowing down, let alone abating?

I don't see it? Makes no sense to me? They, BHRT using insider vote control, made a massive increase in the A/S count to 2 BILLION, and clearly said in that SEC filing that they didn't want or need the input/vote of the common shareholders as they have the insider majority vote.

Then they immediately continued diluting from that date of the A/S increase to essentially today. Where's this supposed "slow down" or "ceasing to use dilution"?? I don't see it happening? Not at all?