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Re: Gaintrader post# 5638

Sunday, 03/09/2014 11:46:29 AM

Sunday, March 09, 2014 11:46:29 AM

Post# of 106844
That is 100% untrue and you can not produce a 10-Q or similar to prove it. The ONLY thing BHRT has done is 1) They did swap some equity for some debt owed on old insider loans. I.E. they GAVE THEM A BOAT LOAD OF STOCK SHARES 2) The company has never, recently had much cash on it's book- it's entered on the cash entry of each 10-Q on the balance sheet entry and has been only as high as less than $200K and as low on last 10-Q as $6K, yes SIX THOUSAND DOLLARS, less than what's in most people's home checking accounts. 3) BHRT still has huge debt obligations outstanding- read the "going concern" portion of any 10-Q/10-K they have put out or go to Yahoo or similar and look at the debt ratios, return on equity numbers or similar - they are horrible. The "going concern" statement of their auditors shows them to be in dire trouble of being able to service their debt via adequate cash flows and cash on hand. Those auditors a licensed and under legal, fiduciary obligation and do not make such statements casually or for no reason. An auditor could face a law suit or even lose their CPA and other licenses for not being truthful about the condition of a company- and also, the company has a chance to rebut the auditor opinion, but you'll note the CEO (not a financial officer) of the company has signed off on every 10-Q/10-K with that "going concern" financial warning in it. So unless you can provide proof of your statement and site a 10-Q page number or similar- what you're saying is simply not true. When a company provides a balance sheet and other SEC statements known as "their financials"- there is no "secret" source or pile of cash hidden away somewhere. So I don't know what you're talking about and would love to hear your detailed explanation as to how they used "cash" to "pay off a large amount of loans"?