InvestorsHub Logo
Followers 374
Posts 16907
Boards Moderated 4
Alias Born 03/07/2014

Re: None

Thursday, 05/07/2015 9:09:18 AM

Thursday, May 07, 2015 9:09:18 AM

Post# of 106834
SOLID RED YESTERDAY, must be the "positive quarterly results" thingy? PR just doesn't seem to "move the needle" anymore on this one, seems to me. Maybe the recent issuing of 87 MILLION dilution shares in a period of less than 2 month could be having a "slight" effect on the common share performance? Just "maybe"? Kinda possibly?

Just filed 10-Q, PAGE 1:

http://www.sec.gov/Archives/edgar/data/1388319/000114544315000630/bioheart_10q.htm

"PAGE 1:
As of May 05, 2015, there were 734,759,150 outstanding shares of the Registrant’s common stock, par value $0.001 per share.

Last filed 10-K, PAGE 1:
"The number of shares outstanding of the registrant’s Common Stock, $0.001 par value, as of March 16th, 2015 was 647,653,526."

So that's 734,759,150 - 647,653,526 = 87,105,624 MILLION shares of pure dilution from March 16th to May 5th, i.e. less than 2 months. "


Below is just one possible example and explanation of perhaps why the common shares have now been driven to a recent new all, all, all time low of .0045 and now a range in the .005 to .006 CENTS area?

For just ONE example- and there's many IMO in this just issued BHRT 10-Q :

LOOK at just one key line from this most recent BHRT 10-Q, PAGE 24:

PAGE 24:

"Subsequent stock issuances:

22,053,009 shares of its common stock in settlement of $79,000 of outstanding convertible notes payable, and $2,739 accrued interest, "


Do the math on that one line of share dilution issued in settlement of "convertible notes payable" aka "toxic debt" (the SEC calls it "toxic" or "floorless" debt, also "ratchet" and "death spiral"- see the SEC site on "convertible securities, they devote an entire page to it):

Thus, from that line above, 22,053,009 shares were issued to pay $79,000 of principal + $2,739 of interest. That's = $81,739 dollars paid for via issuing over 22 MILLION SHARES of common dilution stock.

That means whatever firm got those dilution shares- they got um for:

$81,739 / 22,053,009 = .0037 CENTS per share. Yep. Less than 4/10ths of ONE CENT - someone, some debt lender hedge firm or similar recently got 22 MILLION plus shares at .0037 CENTS each.


So that firm- they could easily be dumping/selling in here at the .0055 price range and still be making a 50% return on their money. A freaking 50% ROI on $81K loaned out for a period of MONTHS. THAT is what "toxic" financing does and looks like.

They, whoever this lending firm is, could be selling/dumping down to the .0045 range (the new all, all, all time recent low) and still be making a 25% return on their money (their annualized return/interest rate on their money would be way higher than 25% as they don't lend this money for anywhere near 1 yr, it's probably been 6 months tops, so that's a 50% to 100% return on their money, when savings and CD's are paying like 1% at best. Wonder why these hedge dudes get into this biz of loaning money to cash desperate penny or SUB PENNY stock nano caps?).

http://www.bloomberg.com/news/articles/2015-03-12/josh-sason-made-millions-from-penny-stock-financing

AND, BHRT took on FIVE MORE of these toxic, floorless deals so far in 2015 already. FIVE. See page F-34 of the most recent SEC filed 10-K and then PAGE 24 of the just issued 10-Q:

PAGE 24:

"Subsequent financing

On April 13, 2015, the Company entered into a Securities Purchase Agreement with Vis Vires Group, Inc. (“Vis”), for the sale of an 8% convertible note in the principal amount of $33,000 (the “Note”).

The Note bears interest at the rate of 8% per annum. All interest and principal must be repaid on January 16, 2016. The Note is convertible into common stock, at Vis’s option, at a 45% discount to the average of the three lowest closing bid prices of the common stock during the 10 trading day period prior to conversion. In the event the Company prepays the Note in full, the Company is required to pay off all principal, interest and any other amounts owed multiplied by (i) 140% if prepaid during the period commencing on the closing date through 179 days thereafter. After the expiration of 180 days following the date of the Note, the Company has no right of prepayment.

On April 27, 2015, the Company entered into a Securities Purchase Agreement with Daniel James Management, Inc., for the sale of an 9.5% convertible note in the principal amount of $25,000 (the “Note”).

The Note bears interest at the rate of 9.5% per annum. All interest and principal must be repaid on April 26, 2016. The Note is convertible into common stock, at Asher’s option, at a 47% discount to the lowest daily closing trading price of the common stock during the 10 trading day period prior to conversion. In the event the Company prepays the Note in full, the Company is required to pay off all principal at 150%, interest and any other amounts."


A company supposedly "getting stronger" takes on TWO MORE DEALS like those, w/ horrible financial terms, TWO more of um in just April of 2015 alone? Why? Why would this "company getting stronger" need $25K and $33K borrowed at some of the worst terms a cash desperate company can get, terms that will equal massive more share dilution- why would they do that if they're "getting stronger" and all these other claims being made? Why? $25K and $33K needing to be borrowed in cash-for-dilution-shares deals just a month ago? Why? Why would Sr Mgt be doing this continually - when the PR and one-liners are trying to paint a picture that things are supposedly "getting better" as are claims being made here? Why? Pittances of $25K borrowed at a time- at 45% and 47% share discounts that will result in massive on-going common share dilution effects? Why? Why do that? Doesn't the "revenue" thingy fix all this supposedly, LOL???

DILUTION, mass dilution and its effects- it's stunning IMO. It explains a lot to me of why the stock price is likely what it is recently and behaving as it is IMO. I believe there's now a near un-ending flow of cheap, low priced dilution shares continually hitting the Ask/sell side to be dumped by these lending firms.

My .0055 or so CENTS worth