Replies to post #32378 on BioRestorative Therapies Inc (BRTX)

[Homebrew]

Link to this nonsense, thanks.

"...BRTX(q)'s lawyers figured IP value at $50 - $100M, I believe. ..."

[I ll be back]

fojcol, If this company would have only been worth a $1MM, you need to ask this question: Than why did Auctus come up with millions and a team to bail it out, and offer to save the common shareholders?

Some would say, to save it's $3mm dollar investment.

To which I would say; RIGHT!

If the company was only worth a $1MM, as SOME here would like us to believe, than even our old friend JD wouldn't have offered $500,000 for the companies IP.....NO smart attorney (including JD) would pay $500K for a $1MM company in BK and $15MM of debt.

A guy like that can make $500K in a day without all the problems of buying a quote "BK" worthless company.

Also, the tax write off on $3mm would have been worth more, than for Auctus to cook up the idea of: "lets put up $3mm to save $3mm and hope we can scam the market into believing our ideas!

[trader59]

They reported that $1M to the court. If their lawyers figured a value of $50M-$100M, they'd have reported that or it would be bankruptcy fraud. That can get very ugly.

But it's absurd to even think that IP was worth that much. If it were, somebody would have forked over the $15M to do the phase 2 trial sometime in the last 3 years.