InvestorsHub Logo
Followers 375
Posts 17004
Boards Moderated 4
Alias Born 03/07/2014

Re: None

Friday, 05/22/2015 3:36:23 PM

Friday, May 22, 2015 3:36:23 PM

Post# of 106839
The "news", "PR" thingy release seems to CONTRADICT the SEC filed Form 4????

How could the "Dr Murphy", according to this apparently BHRT written and issued PR, how could he buy shares "on the open market" for .01 or 1 CENT each on the date stated when a) The stock hasn't traded anywhere near 1 CENT for a long time and b) The SEC FILED Form 4 for the transaction says he paid .007 per share, right on the document itself, as filed on the SEC EDGAR database??

http://www.sec.gov/Archives/edgar/data/1388319/000114544315000733/xslF345X03/murphy_form4.xml

So Bioheart is putting out "PR" that appears to me to totally be in conflict or contradiction with the SEC filed Form 4? Why would they do that? They really want people to believe that a recent stock purchase was made by an insider "on the OPEN MARKET" at well above market prices? The day of the transaction listed on the SEC FORM 4 is 5/18/2015 - the stock on that day traded in a range of about .004 as the low to "maybe" .0065 as that day's high, NEVER reaching .01 or 1 CENT PER SHARE? So again, how would it have been supposedly "bought on the open market" for .01 per share?

I don't get it? How would a .01 cent purchase "on the open market" have been possible- but not print "on the tape" let alone, on the daily chart? Makes no sense at all to me?



Here is a daily chart of the trading showing the pricing on May 18th, the day the SEC filed FORM 4 says that the Murphy purchase took place at .007 per share (NOT 1 CENT per share as the "PR" is claiming). The chart shows the Ask, the upper end of the price that day- may have reached about .007 (.0065 which means a chunk may have printed at .007 perhaps, knowing these MM's lately), so that makes sense IMO, but NOT .01 or 1 CENT per share, not even close? No way IMO? How would that be possible? Just look at the daily chart?



The "PR" on the "stockhouse" site which appears to be a Canadian penny site/newsletter deal of some sort (see their own site disclosures) makes no sense IMO? None. The information in that "PR" appears to contradict the SEC filed Form 4 for the insider stock purchase and the information on the daily chart and the Level II info which I saw that day with my own eyes, never seeing a large block or any blocks print at .01 per share? That's how I see it.


http://www.stockhouse.com/news/press-releases/2015/05/22/bioheart-chairman-affirms-corporate-strategy-through-stock-purchase

http://www.stockhouse.com/corporate/about-us

Quote:

"With over 1 million unique visitors a month, Stockhouse is Canada’s #1 financial portal and one of North America’s largest small cap investor communities. "

"Stockhouse is the authoritative source of natural resource and small cap financial information and news. "

"natural resource" is typically code for Canadian "mining" penny stocks?

Gotta wonder IMO - is this a paid "promotion" of some sort? Canada? Again, makes zero sense to me personally? None of it?

Posts contain only my amateur opinions, personal views and thoughts. I discuss stocks as a hobby only. Always do one's own due diligence before investing.