Well, that didn't last long LOL !!!
The ole MM's jacked that Ask up again this AM to .0025 or even .0026- looking for any nibbles or takers at .0025 LOL !! Now, they just let the air out of the big ole over inflated AM tire again- DEFLATING that Bid/Ask right back down to the basement level. Holy cow- the games of the OTC penny dilution MM's.
0.0019 / 0.0021 (30000 x 310000)
Bid just dropped like a LEAD BRICK back to sub .002 again and the Ask collapsed right along with it. LOADED to the Ask/Sell-side now at 10 to 1 on the Ask/Sell-side.
This thing is going nowhere fast IMO (well, except maybe DOWN on the next big dilution MM convertible debt "conversion" leg DOWN- whenever that is. Probably sooner than later IMO. I'd say next leg is easily sub .0015, more likely will touch close to .001 IMO)
Market cap now a whopping $1.71 MILLION bucks- HOLY COW. The last 10-Q had just their immediate "accounts payable" DEBTS at $2 MILLION plus and they had a grand total of $93K bucks cash left to their names AND had sold-off (aka factored, loaned) against their receivables too for survival cash. They gotta be in total cash desperation straights by this point IMO. I just don't see how they'd not be given the realities of the last 10-Q and now this just massive near total collapse to their common share price and market cap, combined now with a HAIL MARRY seemingly last ditch attempt of using a massive 1000 to 1 desperation R/S reverse split ole penny maneuver. I can't remember ever seeing a 1000 to 1 R/S reverse split that ended well???????????
My less than 1/4 of ONCE CENT'S WORTH, the ole sub .002 CENT Bid of BHRT now.
Guess this is the new grand plan "thingy" and all them ole "achievements" (several recent PR's said proclaimed their supposed "achievements", LOL !!) so I guess is all that "stuff" just working out, LOL???? Like it's lost 87% or something year to date- and THAT is after it's already lost 99% of the value since going public at $5 bucks a share in 2008. I guess losing that last 1 percent is the toughest, LOL !! (imagine, in a month or two, it's lost like 70% or so of the last, remaining pittance of the 1% of the original "value" and market cap and common share price it had remaining since going public and since the present CEO took it all over in mid 2010, LOL!! AMAZING to me !)
About 27 MILLION shares outstanding around mid 2010. I'm gonna guess by this next SEC filed 10-Q (Q-3 ends in a few days) I'd guess that ole share count is gonna be WELL PAST 1 Ba BILLION shares now- and them shares today are trading at less than 1/4 of one LOUSY CENT, LOL !!! AMAZING "achievements" fa sure !!
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.
