Replies to post #54433 on BioRestorative Therapies Inc (BRTX)

[TIWARIG]

Happy Sunday! Great Post

[CPM]

Great post...100% FACT

[trader59]

So, dilution is a good thing, then?

Yeah, sure. Over 1B shares already added to the O/S, and 15B more through the warrants. Funny thing about those warrants, there’s a cashless exercise formula in them, which means they don’t have to give the company a plug nickel in cash to exercise them, just have to sacrifice some according to what the PPS is at the time of exercise.

And this company is still in debt. Auctus has $3.3M of a new convertible note (plus warrants) for their old note, plus $3.5M for their DIP and operational financing, so the overall debt was reduced by just over half.

And they still don’t have funding for their phase 2 trial.

[DDA]

Nice one

[I-Glow]

What? - "Every day will add value to the company, converting the warrants will add more value than the diluting happening so stop scaring people."

That is too funny - so the latest storyline is that massive dilution adds value to the company. SMH!

The company does indeed have debt - the Auctus debt etc. Saying the company doesn't have debt is absurd.

I love the Nasdaq pinkyland fantasy - why don't you read the listing requirements - and there is a huge problem that Nasdaq has with companies that use toxic financing - they don't get listed.

Plus, it appears that investors are clueless about the cost of Phase 2 and Phase 3 FDA approved clinical trials. That will cost a minimum of $50 million and another $50 million to bring a drug to market.

But the best is that dilution is a good thing.

IG

[I-Glow]

If everything is so great - why did the company file for bankruptcy - let me guess that was a good thing - and increasing the A/S to 300 Billion was also a good thing.

This is what happens when you become married to a OTCM scam.

IG