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BluSkies

03/11/14 10:30 PM

#5860 RE: InvestorStemCell #5859

Thank you for the insight on North Star, I hope everyone has a chance to read this post!
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docoroc2

03/11/14 10:33 PM

#5861 RE: InvestorStemCell #5859

My opinion: today was a classic dead cat bounce. Not readin into it too much 1 way or the other. Jmho
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Dragon Lady

03/11/14 11:37 PM

#5864 RE: InvestorStemCell #5859

Investor- thanks, interesting read. I agree- the mgt at IPO boned it up about as bad as an IPO could have ever screwed the pooch. It seems like who's here now is the "clean up" team trying to salvage what they can as they all had money on the line. I knew of Marino of football fame being an early investor- that poor guy has lost boatloads of his net worth on more than one investment gone bad, lots of articles about it (like to many ex-pro ball players, sadly). And yes, I agree Murphy is the real deal, but as you stated- he's way up there in age, not sure how much more he's gonna be able to do for um? And Tomas, as the way I read it was installed as the Astri group had a lot invested going way back, saw the IPO all boned up and they had to get someone in their to try and recoup and salvage what they can. Still, they seem to be in the cash-squeeze and financial hurt locker no matter how you slice it- including a lot of old debt/loans hanging over their heads, unfortunately. So what's your read on the best scenario of how/if they ever dig out of this? And also- what's your take on why they seem to be diverging from the hard charging goal of FDA approval on a single product or two products- to now this shmattering of 3rd or 2nd world "medical tourism" and all the other "odd-ball" stuff (my words/opinion)? Any thoughts on that- they seem spread awfully thin for the number of people they have- just the phase III would seem like pulling a rabbit out of the magic hat. Lastly, so you're not troubled at all if you were to become or are a long term common shareholder that Northstar seemingly has been granted "lien/ownership" to essentially everything BHRT has or may ever have? That one really has me puzzled? As stated in my previous post- it's as if they could shutter/shut down BHRT if needed and then Northstar simply would get a clean slate, wipe the debt in BK court, own all the intellectual property, trials data, etc and could fire up under a new name the next day? Any take on that? Thanks.
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Dragon Lady

03/12/14 12:14 PM

#5902 RE: InvestorStemCell #5859

"Do your DD, Mike Tomas brother is a Managing Partner of Burger King South America, Mr. Tomas is rich, rich like do not have to be a CEO of a broke Biotech rich because I closed a $1billion telecom deal early last decade"?

So, based on that entire post- my logical question is WHY them doesn't "rich rich" Tomas and his brother (rich) and a few friends just buy out BHRT's debt (it's only about $13 million or so) and then take the company private or something of that sort?

Why would they have diluted the shares by almost 100% now, in under 8 months to pay debt, salaries, etc if these "Rich" people are all over the place in relation to them and could buy them out- especially back at one penny for under $20 million ,debt and all? SERIOUS QUESTION I'm posing to you?

Look at it this way- if you were "rich rich" and the CEO even made a promotion video saying this is a $1 BILLION opportunity (his words) - then if you were a savy, rich guy with a rich brother, rich friends- wouldn't you step in and buy it for a pittance and then reap the $1 billion prize down the road? Northstar now controls all shareholder votes- so they could approve the buy-out with no common shareholder input?

See how these things sound pretty good and interesting and all- but when you think them through there are gaps, things missing that don't make any sense. MANY companies today are being taken private as the main stakeholders feel the market is not valuing them fairly, the SEC reporting and laws are a huge burden to their freedom to run the biz their way, etc. Best Buy being a recent one and DELL, a mega computer company where Michael Dell put an enormous stake of his own net worth on the line to take it back private.

Any speculation InvestorStem as to why you think/don't think Tomas and "friends" haven't just put together the money and bought this back and then could clean up the debt/books and reap a much larger reward for themselves? I'm curious as to your thoughts? Seem logical to me that if he's that connected to money- it'd be easy to do. A typical scenario might be assembling 10 to 20 high net-worth people who put out $1 or $2 million each and raise say $20 million and just buy-it-out, as the street term says, "take it private"? Thanks.