Replies to post #16831 on BioRestorative Therapies Inc (BRTX)

[fojcol]

Your logic defies all logic! This "opinion" is based on guesswork which ignores almost all facts, instead is based on old news, outdated information. No dd... all guesswork. And this guesswork contradicts the ACTUAL FILINGS!

[bluebird50]

If this was a liquidation then it would be a chapter 7 but it’s not as you suggest.

It’s chapter 11 - it’s a reorganization plan of a valid product about to go into phase 3 trials next month..... they aren’t going to dispose of work put into this...... not a chance!!!!!!

It’s necessary to study up on bankruptcy and have some business acumen to understand this.....
Pacer docs put this into perspective....

[stervc]

trader59, respectfully, with these incorrect thoughts...

Respectfully, those thoughts are incorrect. BRTXQ is doing Chapter 11 Bankruptcy to where they have submitted a Joint Reorganization Plan with Auctus which is unheard of since Auctus is an Unsecured Creditor. Usually they would be trying to get the company to liquidate assets to pay them off. Instead, they joined them as a partner to emerge out of Bankruptcy. Why? Because they know that BRTXQ has something huge. This is what they know will be huge:

BRTXQ Presentation/Slideshow:
http://www.biorestorative.com/wp-content/uploads/2019/09/BRTX-Presentation-Fall-2019.pdf?fbclid=IwAR3TXVlEi61W8X8ourYrWcHV4_ekOiZxIhDYzF8Ny-VD2UlaPODmYGYzWJI

v/r
Sterling

[stervc]

More Logic Why the Common Remains Intact…

It looks like the judge is going to approve their Plan of Reorganization as the judge/court approved today their Amended Disclosure Statement. If the judge had a problem with the reorganization plan, he would not have approved the Amended Disclosure Statement per BRTXQ below:
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=157511559

Also, the Desmarais objection was overruled which was the only major thing that was standing in the way of the reorganization plan not getting approved in my opinion. It's very obvious that the judge clearly knows that the reorganization plan that Auctus has in place is far better than what Desmarais was bringing to the table.

The word Equity is synonymous with common shares or with common stock. The newly inserted language stated within the Amended BRTXQ Plan of Reorganization within the Pacer database within Court Docket #104 clearly states that the Equity interests will be allowed. Read below:
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=157476039

Also, within the approved Amended Disclosure Statement by the judge/court today, it was changed within the amendment to reflect that the Equity Interest now is authorized to vote for the reorganization plan to where such was originally not the case. It only makes sense that those with an Equity Interest is not going to vote themselves away. If the Equity (common shares) were going to get wiped out, they would not have been given the privilege of even having the option to vote for the reorganization plan.

Clearly articulated in the post below courtesy of Showerbeers is more info that indicates that the equity (common shares) will remain intact:

https://investorshub.advfn.com/boards/read_msg.aspx?message_id=157313485
6.) BRTXQ's plan states that all equity holders will retain their equity (aka shares of common stock). No reverse splits, no issuing new stock that has to be traded for old stock. This is in part due to the fact that AUCTUS holds nearly $3 million in notes for BRTXQ, issuing new stock would wipe that money out. No one would want to see that happen, so this company has a HUGE investor fighting for it and the shareholders. This is in their plan, which is posted to their website under their Investors tab.

v/r
Sterling