"Investing in Bioheart, Inc. $$$$$MUSTREAD$$$$ "
The "investorstem" "blog" STATED:
"Current liabilities down $3.6 million (27%) from beginning of year. Down 49% in 24 months from high of $13.6m "
CEO BLOG, Mike Tomas of BHRT just stated:
"Current liabilities were reduced 23% from $13.4m to $10.3m YTD. This was accomplished by debt to equity conversion at $0.04 as well as debt limitations under Florida law."
Looks like CEO is stating that the total reduction from $13.4m to $10.3m is 23% (TWENTY THREE PERCENT), NOT 49%. (also the high number according to the CEO is $13.4 mil, not $13.6 million)
NOT the "49% in 24 months from high of $13.6m" as was stated many places here prior to this CEO blog.
I guess the CEO and his "blog" is the CORRECT ONE HERE? That's a pretty huge difference in percentages stated? One of those statements must be in gross error? Like about a 50% ERROR. 49% versus 23%, actually a tad more than a 50% ERROR.
I would have to assume, IMHO, that the company CEO would be correct?