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Re: trader59 post# 34805

Saturday, 10/03/2020 12:17:21 PM

Saturday, October 03, 2020 12:17:21 PM

Post# of 63385
Perhaps my friend.

However, it takes a group like AUCTUS to clean this mess up first>

Not sure of to many Pharmaceutical companies who would have understood how to clean this BK up, as opposed to a debt holder like Auctus who has the depth and knowledge.

I'm in the camp of believing that BRTX lacked the knowledge and business team, which is why they ended up in BK. I also believe that JD saw an opportunity buy calling the loan, which is what put them into a BK.

The court filings would support this position.

I also don't know of many attorneys who would have stepped in to offer $500,000 to take the IP, if he didn't have first hand knowledge of the mess he was willing to take on.

So now we have Auctus doing all the heavy lifting to clean up the mess and bringing another $3.5MM to carry them for another year. All for a $1MM asset value....RIGHT!

Sorry, just not buying the idea that they are doing to for a quick flip. My gut says we see a funding announcement before March. The question is; from who;)
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