BioRestorative Therapies Inc (BRTX)

[trader59]

The O/S has gone up by over a billion shares already, and the warrant executions at strike prices of $0.0005 and $0.0010 haven't even begun. The unsecured creditors have been steadily moving that billion shares into the float. 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.

16B shares is a lot of dilution for any stock, especially one that started with 43M share O/S just last year and 1.6B exiting bankruptcy.