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Wednesday, March 26, 2014 10:39:30 AM
So, he states that he will send Comella out to "update" in a blog or whatever? How can she update via a blog, but the same info was not in the 10-K? What sense would that make?
The 10-K is the LEGAL means by which a public traded company communicates. NOT by private emails to someone on a chat board and then via a "blog" to "add" info that was not in the 10-K just released. That's my opinion(s).
Seems like no matter what happens, no matter what their legal, SEC filings say, someone always claims it is/has been, or will be answered in some "private" email or later in a "blog" or whatever. Never seen/heard anything like it in following PUBLIC traded companies. Again, to each his/her own. Me, not buying it. 10-K for me is it. That's the document that matters, IMO only. Good luck with blogs, Pr's and emails. I guess we shall see.
As to "projecting" that certain things will "bare fruit" and all the rest- that's just that, "projecting". The numbers on the 10-K were about $5K a month in revenue. That's it at this point. "Projecting" is not easy to do, and the company has put out no formal "projections" as to revenue estimates per any of these "deals/projects" that I am aware of. Traditionally, it some companies would put out sales "projections" as they have sales managers, sales teams on the ground, and are making sales- and thus "project and make estimates" and set targets to hit for each qtr, mid yr, end of yr, etc. I am not aware of any "formal" or any sales projections at all being released by BHRT. I don't know how a person, via reading a few lines in a 10-K can "project" that sales will occur and "bare fruit" or how they'd even do that?
Further, Mirror was the key event being discussed for months. To not have expected "any enrollment update" when it's been since July, when they said ONE person "enrolled" seems odd? Why would everyone not expect an update and results when this was (past tense) essentially touted as the flagship product/project for the entire purpose of the company (Myocell and FDA approval?). Again, IMHO, not see it the same way, not at all. Good luck.
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