I was reading through all the debate regarding “the numbers”. Frankly, I appreciate trader59’s input. Why? Because it caused me to ask myself why... why try to save a company that is doomed to fail because of lack of funding. Why put all this effort and expense mind you if it will lead to nowhere. Auctus Fund came in with funds to keep things going through BK and promised funds to continue operation for up to a year. Why I asked myself? Why hire the best reorganization attorney in the US to represent Auctus in helping BRTXQ with a plan to emerge out of BK? Why save the common shareholders? Why not do what GM did and form a new company and buy the assets of the old? I had and have many more questions, however you get the picture. Most of these these questions were early on before Sterling’s DD posts. Sterlings posts are as equally compelling. It helped understand the complexity of the plan numbers.
So here is where I’m at. My thoughts, my opinions. There is more going on with BRTXQ than what meets the eye. Why no PR or 8K? At this point of the process anything that comes out of BRTXQ must be spot on. No hopeful news, it must be confirmed 8K worthy news. I believe that once the Q comes off there are deals in the waiting. Deal that can’t be confirmed or expressed because BRTXQ is still BK. Deals that can only be made with company’s that are not in BK. As for the tech... I also believe more is going on than we know. Why not PR it? I can only guess timing is everything and it’s not time. Anything that comes out of BRTXQ right now has to be concrete PR, they can’t afford to misstep on any announcements or moves. All eyes are laser focused on every move.
Oh, regarding why they could not get funding for phase two trials? Good question. There could be 100 reasons why they couldn’t get it. I don’t believe it’s because of their tech. The company is run by scientists not sales people. Sometimes you have to speak the right language to the right people to get funding... one possibility. The other is the trial will take over a year from start to finish. Funding Institutions may not what to tie up money that long. We can only speculate on all the scenarios why they couldn’t get funding. However, Auctus seems to think there is something to their tech. Besides protecting their (Auctus) financial interest already, why go out of their way to help them out of BK?
It’s good to keep a keen eye on the numbers; however, for me, I can’t get lost in the numbers on this one. There is more to BRTXQ than the numbers. I’m willing to hold my position for as long as it takes. If I sold now I would walk away with a killer sum. I only need to sell a small fraction of shares to get my investment back with still a good profit even before the share price falls too low.
Sorry for the long post. Just wanted to let people know that IMO there is more to this and because of that there is more money that can be made if we (I) hold. I feel the risk is well worth the reward.
Blessings everyone!
Sgt
