"Hasn't happened yet but stated it will in that document upon consummation of financing."
Actually it says "consummation of a financing". That statement essentially means nothing IMO, as it does not define in any way, shape or form what "of a financing" is or means. BHRT does "financing" deals all the time- near continuously, on-going for survival cash. ASHER, Daniel James, Third Man, all the time- mostly using convertible, toxic debt deals. They take "notes" and "loans" all the time from insiders and Northstar- read any SEC filing, that's "financing" or borrowing.
So what does "of a financing" even mean- they're always "financing"? Does it state "of a financing" of a minimum of X dollars and using non-dilutive debt, as in a loan? No. Does it say "of a financing" of at least X Millions of dollars? No. It doesn't, in typical BHRT vague form IMO, say really anything of any meaning. It's an empty statement the way I read it, as "of a financing" is not defined in any detail or specifics in the slightest. "of a financing" could mean a guy, Bob Smith for example has decided to loan the company $100K at 4% interest and BHRT accepted. That would meet the definition I guess of "of a financing"? Correct? Why not? What's "of a financing" even mean?
IMO, the reason that entire, particular 8-K was even filed was really for the last line- to disclose to shareholders per SEC guidelines, that the DTC (Depository Trust) was inquiring/asking questions about the eligibility of shares BHRT has/had issued. That can be serious, serious business. The DTC can "chill" or "freeze" a stock from trading on little notice if they think a company has violated any of their rules in any way. Look up a DTC "chill" or "freeze"- it's daunting.
Last line of that vague, "odd" IMO 8-K said this:
"In addition, the Company has received a request from The Depository Trust Company (“ DTC ”) to confirm that shares of common stock deposited at DTC were eligible under the Rules and Procedures of DTC for deposit. The Company has responded to this request."
So far, BHRT "the company" has not released any further info as far as I'm aware as to whether or not the DTC is satisfied with their response to questions regarding eligibility shares that were deposited, etc? The DTC is a mega powerful entity- they "clear" and process essentially all trades in all U.S. markets- they're secretive, they're like a quasi-govt entity, they work closely with the SEC and FINRA, and when the DTC takes actions- they often require little or no explanation to a company as to why or what reason they deemed a rule to have been broken. Read up on um.
News 
Market Data 
Discover 
