BioRestorative Therapies Inc (BRTX)

[trader59]

The O/S has gone up by over a billion shares already, and the warrant executions haven't even begun. The dilution is mentioned in the 8K they just published:

https://www.otcmarkets.com/filing/html?id=14518230&guid=5WqeU6u53yBxzyh

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.

With respect to the restriction on those awards to the unsecured creditors, all they'll have to do is show the T/A this exemption in the "plan" to get it removed. It is also discussed in the above 8K: