Replies to post #12203 on BioCorRx Inc. (BICX)

[236T568]

huh?

so which one is it?

"They haven’t used any of the Northbridge Funding"

or

"I don’t think BICX has used that line of credit at all."


and do you realize that scam company BICX filed a registration statement for $10 million worth of BICX shares that was declared effective by the SEC on Sept 2018?


Do you have any understanding of what kind of company you have to be to sign an agreement with such a notoriously sleazy toxic funder?

a Financing agreement that is structured as a deep discount death spiral equity line of credit?


so do you have any idea, whatsoever, what happens to the stock price of companies that are involved in this type of financing?

They haven’t used any of the Northbridge Funding... it’s an open line of credit that is at their disposal.

We have discussed this topic in the past already.

As shady as those people may be, or as you feel they are, that is how the micro cap OTC world works. BICX needed to get funding in the past however they could. But they have proved to have been able to break the mold of using shady investors. And by the way, just cause a company uses shady investors, it doesn’t mean the company is shady, it just means they took money from a shady investor.

I don’t like the Northbridge deal either, but since that “line of credit” deal was put out in a 8k, I don’t think BICX has used that line of credit at all. So it’s actually a moot point. It would be one thing if they actually took their money, but prove to us to this point that they have take money from Northbridge... to my last time I researched the topic they had taken none. Also, BICX has proven to have been able to get money from grants and other investors with better reputation.

This Northbridge topic is a scare tactic I see time and time again. Certain shorts know nothing about an OTC company but know how most OTC companies stay afloat and how most OTC companies write out their 10ks. The shorts then go and cherry pick the 10ks for the hot button topics that can scare investors. Truth is most OTC companies are not SCAMS, but they are just companies that fail so they have to make deals with the devil, or “shady investors”.

BICX has proven to have turned their ship around in turns of short term funding. They still are not profitable and have terrible financials. That is not up for debate, but their short term funding can get them through the next few stages of the FDA process, so that is all that is needed.

I’m not invested and have no plan on investing any time in the near future. My reasons have been expressed in the past and I feel no reason to reiterate why I am not going to reinvest. But I felt I should comment on this Northbridge issue since I already looked into it a lot.

Good luck to all the Longs, BICX is a good company that is trying to pursue CEO Graniers dream. Don’t let people change your opinion on that.

[integral]

I will counter. While they may or may not have taken financing from them, birds of a feather....

....why could they not get funded by Morgan or BofA?

My question speaks volumes.