BioRestorative Therapies Inc (BRTX)

[trader59]

That in itself is evidence that they have no intentions of mass dilution!

Sure, there's a mere 1,049,203,270 shares of dilution for the unsecured creditors, then another 15,226,203,720 for the warrants, and that's not counting the convertible notes. And that's after the company diluted the 43M O/S by 1.6B shares from December to March, just prior to the bankruptcy filing.

From 43M to around 18B shares isn't much dilution, right?

Shares Outstanding
As of the Effective Date, there were 1,639,203,270 shares of Common Stock issued and outstanding. Pursuant to the Plan, 1,049,726,797 shares of Common Stock are issuable in respect of allowed general unsecured claims. In addition, an aggregate of 15,226,203,720 shares of Common Stock (subject to increase based on the antidilution protection provisions of the Plan Warrants) are issuable pursuant to the Class A Warrants and Class B Warrants issued as discussed above. Further, an indeterminate number of shares of Common Stock are issuable upon conversion of the Secured Convertible Notes and the Unsecured Convertible Notes issued as discussed above.

https://ih.advfn.com/stock-market/USOTC/biorestorative-therapies-pk-BRTX/stock-news/83737799/current-report-filing-8-k