Now--other than the blatantly stupid attempt at ad homs, you begin to talk like somebody who knows the game.
"y running negative cash flow and has been for sometime. Therefore, it is highly risky and may need to raise more equity which will be dilutive." Yup... Given the currently business plan, about another 100% before there is a chance of cash flow positive.
THAT's "looking at the future". In the meantime, this dog is a chew toy for specialists and BTX insider cronies.
Now try sounding like an investor, and give me 100 words--with quantifieds at what I expected from high school level interns as to what keeps this dog over 2xbook.
Investors and traders will note this is a lease of a patent from an outside source, and firms ion Europe are already using it.
So close to being right---and then you start blathering. "Going concern" and "Material Event" interchange. Anything that may have material effect on the operation of the enterprise is, by its nature a "going concern" issue. Thus the requirement for 8-L to begin with.
Certain matters may indeed involve a use for secrecy. The question is "of use to whom?" In the specific case that I referenced, how BTX represernted in its press releases a new relationship was undone in the 8-K by the facts presented...which 2 days later were made "confidential."
It is of material concern to stockholders how much BTX pays in commission to sales agents, when it reports gross sales, instead of net.
The "going concern issue"--that is, "Stick a fork in it--it's done." is one BTX stayed under for 6 months--then did a massive d/e swap and began it's present set of games. THose who played with it did extremely well. Nobody buying -in how as an "investment"--a "hold" has any chnace in heck of ever doing anything like it.
It would mean that for some reason BTX failed to provide support documents for claims made in the 10Q, and has argued successfully that it ability to be an ongoing concern would be materially reduced if the information was public.
BTX did the same thing a few years ago when it got it announced a "partnership" with the largest supplier of lab products in the bio-agent/chemical/ field, but the 8K showed that the deal was actually for a catalog listing, with 50% commission going to the catalog agent for anythng sold through it.
The entire "Life Map" project is basically only a way around that.
Given that you are a lying sack of expired Hospira product, and that I have more than once offered a $50,000 bet as to whether I or any client has owned any share of BTX in any way, excet as poart of ^RUA or some other broad index, or ever shorted it in any fashion,
once again you show yoiurself as a gameboy loser attempting to deflect away from the busness plan and dilution..
PanC-DX is thus far a me,too generic in an obsoleting market.
I've said that here since they came up with the name---which name is just another example of all hat, no cattle.
Becuase they are not very liquid---and all those constant permalong posts from heads, msft, etc are part of their trading strategy while they tell everyone else to hold still.
So--1.3mm shares of the "rally" was year-end short covering for tax purposes?
If you, those same house will be back any day now to take another ride.
More money has been made by trading this dog than will ever be made by it.
" the problem is that you have a significant amount of shares to cover." Nope. The "problem" is that BTX has significant ground to cover on growing revs before it even covers payroll. Until that's done, dilution is a given, and shorts have room to play.
You actually get a thumbs up for that. Especially since you admit not knowing it yesterday--and are thus no kind of WallSt guy at all.
In addition, many trades are settled "in house" and sent to the tape later--as much as an hour later as of 2004, though more like 10-15 minutes in 2012.
This leaves the 18k trades hard to interpret as anything buy tax-purpose housekeeping in some house.
Thuimbs up for noting the odd size. I see such things as neutral. 18k 8 times? Tax adjustments... Like when Neal sold Neal 1 million shares at a dime--but the tape printed 1mm at the close of around 3/16..and the whole game started up in its current incarnation.
Another 3/16 and you are break to break even on your initial buy in---so no doubt you are happy.
"I've been told" by 50 years of playing this game that revenue over COG talks, "billions" just feeds the specialists who use this dog as a chew toy.
Over a year has gone by and not one "long" here has tried to meet the challenge: 200 words showing an actual quantified path towards zero dilution. Something that rises to what I would have gotten from high-school interns.
There has been a tonne of portfolio adjustment this past 5 or so weeks favoring this dog, and those who did what I have been consistently saying--trade into accumulation--are doing well with the strategy.
And you've been trading in and out of this dog the entire time, while telling others to "buy and hold." I'm telling people who like this dog to do the same--until they have a basis like that of insiders and cronies and slime like you.
Since you made the decision as to how to name the thread, you are now identifying yourself as a pumper fanboy with no information on the fundamentals, the filings, the tape, etc."
See how easy it is to identify brainless pumpers? They always refuse to use verfiable numbers, and go straigtht for ad hom nonsense.
That;s a folk myth... The neet basis is that mahy brokerages put cut offs of what tickers can be bought on margin. The old traditional mark was $5. If you actually are in the biz, the mark is closer to $2. When you are the house, the cutoff point is $0.005.
A large part of the claimed "institutional ownership" if this dog is a mandated requirement of them running funds that mirror the ^RUT and ^RUA.
So you are saying that BTX rallies from insider trading? Yeah, it's done that several times. That's when the specialists short, as well. And then cover when the cronies trade out to retail.
"What will the COGS be for $$$millions sold in biomarkers when they are sold? "
"Gross profit margins will be high I believe." Based on what? You evidently have no idea what a "bio-marker" is.
"Three diagnostics are in trials as I do recall" Uhuh. What will any said test yield to BTX? Never mind that "doing the test" costs the patient $x. What % of that goes to BTX?
What is the history of earnings for similar tests? For one of them, where BTX seeks a "me,too" generic equivalence, sent the company that invented it into bankruptcy before break even.
But the, it probably didn;t have a cult memnbenrship there to keep sucking up treasury shares.
It basically means that equity industry professionals who have watched this stock since 2008 have made reasonable bets that the company will have to keep printing shares, diluting the worth of any existing shares--no matter how "press" the pumpers generate. By the way, feel free to laugh at anything that sounds like what the newly arrived "short-buster" is mumbling about. It's a left over script from the 90s.
The only way to ACTUALLY clean the short iinterest out of a ticker is for the company to start showing net revenues above payroll.
Professionals know that all the talk about "billions" means nothing at all.
As a result whenever a pump like this one gets any momentum to it, these #$%$suckers who think shorting is ethical just sell the newbies stock that doesn't actually exist. When the rally fails, the same #$%$ buy stock to replace the fictional stock.
Hi there lying punk with nothing to actually say. You sre doing an excellent job of showing this dog as a specialists' chew toy--not an investment.
You are the first "newbie" here is a long time to ask the equity oriented questions instead of falling for the sales pitch.
For 2015 dilution is probably off the table; but likely will be a big item in late 2016. Note the increase in o/s over the past 4 years, let alone over the life of the company--from 3mm to 55+mm.
Chart the rate of revenue growth--after first subtracting "grant money" since 2010, and you see a slowing of growth. I'd put future growth in revs over COG at 20-25% for a long time to come. That sounds great--until you see that under such a rate even making payroll is a few years away, let alone covering capex, operaticons and R&D--and this dog holds itself out as an R&D company.
Ignore all the pumpers and the lying #$%$ who tell people to buy&hold while they trade in and out. Figure out how to trade the pumps and dumps by reading the filings, and you can end up with stock at a reasonable basis--which is, like any other stock, some low multiple of book, or a reasonable multiple of sales.
And remember tat all times that BTX has been and always will be a specialists chew toy--not an "investment.:
" the early work we did there showing that cloning could reset that clock in animal species." That was proven false? Yeah... Lots of people remember Mikey making that claim.
" We believe that cellular aging, in particularly in the vascular system, " Evidently Mikey hasb't heard about the newest thing out there---bacon. And french fries. And couch potatos.