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Re: BluSkies post# 16423

Thursday, 10/08/2015 12:47:23 PM

Thursday, October 08, 2015 12:47:23 PM

Post# of 106828
Quote BS LOL, "It use to trade on the NASDAQ and I wonder with the RS if they can manage to have the PPS a minimum of $1 PPS required by the larger exchange. Let's see what happens. IMO"

WHAT???????????

They were delisted from the Nasdaq in 2009, like SIX, almost SEVEN FREAKING YEARS AGO now, LOL !!! They only lasted barely 1 yr on the Nasdaq and were swiftly relegated to the OTC and have NEVER in the subsequent time period- come anywhere close to re-qualifying to list on the Nasdaq market place as a "listed" company again?????

If they couldn't maintain the NASDAQ requirements in freaking 2009 when they still had some actual CASH and some major investors hanging on and numerous more employees and a WHOLE LOT MORE going on than now, such as active clinical trials etc, then how the freak would they list to the Nasdaq supposedly now, LOL????? HOW???????

http://www.bloomberg.com/apps/news?pid=newsarchive&sid=aBNETYMPJCg4

It takes a WHOLE LOT MORE than a $1 per share price to qualify to list on the Nasdaq, LOL !! And BHRT ain't anywhere even remotely distant to meeting any Nasdaq "tier" listing qualifications that I've ever read or heard about????? NOT A LOTTO'S CHANCE ODDS IMO. The company has to meet a $4 per share minimum Bid, have a certain amount of positive shareholder equity, MANY $MILLIONS which would be multiples of their current market cap, have a minimum market capitalization which would also be MULTIPLES of their current market cap etc. NOT A CHANCE IN HELL they list on the Nasdaq just by using a massive R/S reverse split to "get the share price to $1 dollar", LOL !! NO freaking way.

Here's the listing requirements to get on the various Nasdaq "tiers" and BHRT doesn't come remotely close to meeting any of them- not by a 1000 miles IMO, LOL !! They probably wouldn't even have the CASH FEES needed to pay the freaking listing fees, LOL, they're so cash LOW at any given time !!

https://listingcenter.nasdaq.com/assets/initialguide.pdf

NOTICE, it's $4 a share MINIMUM BID PRICE that must be maintained for a certain period of time AND either positive shareholder equity of a certain $MILLION(s) and $MILLIONS of market cap and/or cash flows or INCOME (not "revenues, for the lowest tier) or earnings or various combinations thereof in ADDITION to a minimum $4 Bid on the common shares, NONE of which BHRT is even remotely close to meeting, LOL!! NOT by a million miles?????

As of the last filed 10-K, the stockholder's DEFICIT alone was over $10.8 MILLION dollars, NOT positive "shareholder equity", let alone a $4 Bid price or $3 closing price being maintained, LOL !! NOT EVEN CLOSE. They'd need $4 to $5 MILLION in positive share holder equity for even the lowest Nas tier, that's about a $16 MILLION gap (cash or equity infusion) difference right there from where they are today. They're borrowing toxic "notes" from firms like Magna in increments of $100K at a time- so WHERE would they get a $15 MILLION or more infusion of cash, LOL??????? WHERE??????

NO FREAKING WAY they re-list to the NASDAQ IMO. I put that reality at past lotto odds at this point. They just got relegated to the freaking PINK SHEETS, going DOWN in listing levels, not "up", LOL !!

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.