". It doesn't seem right for it to go down that way." How not? It's arithmetic. Just like the burn rate, and the chance of any revenues being pushed further into the future.
Mean? It means your chances of a capital gain were just reduced, and the odds on Mikey's cronies getting whatever can come from the i/p went up by the same amount.
Btw, when you don;t know how to read a filing, you look silly posting any sentiment other than neutral.
There is no "naked shorting" when the cronies know they will be getting T-stock at ever cheaper prices any time they need it to close a "long for later delivery."
cc, That math is beyond stupid. Number of people ion the world who can afford treatment? Number of insurance companies that will tell providers what the price point is? Number of $$ to FDA approval? Amount of increased dilution o get there?
And, most critical for BTX, how many years behind the curve are they?
The "fast track" shows how many millions have to get spent before 1 penny of revs comes in on this project, on which BTX has already spent millions, and the gameboys here have been promising would be revenue positive "by the end of the year"--for four years.
If the selling is from Tel AViv, it's all short selling being covered by BTX T-shares, being done by people who know hoe to actually read biotech literature--people like Teva employees.
clown, I don#$%$ the newbies and retail road kill who can now use a timetable supplied to them by the "longs" who now have away -t-hat the "Longs" can't argue with--that shows this dog cant' get back to only losing 7 cents quarter until it doubles the O/S again.
In the mean time, for those who like this dog, as a chew toy, there's lots of time in which to trade this dog to a basis of 0 + trading profits.
I disagree: it's a clear road map to how the present $100 million worth of dilution is going to be spent, And a possible guide to the $50mm in dilution that will follow, at which point BTX will be able to cover most of its G&A from revs, thereby slowing dilution down to $ 10--20mm a year for a decade.
lion, Yeah. And for those who like this dog, sell a few less than you buy.
Get a basis like that of insiders and cronies--around a dime.
At which point mgt becomes trustworthy--for you.
For those who paid over 4? Cannon fodder.....
Heads, It show how gullible retail is, that T-stock can continue to be dumped to keep the doors open. Those "partners"? How much are they being paid to do BTX's work for it? How much of it is just an agreement to pay old GERNS royalties if/when anything ever generates any revs at all?
How big were those royalties in 20 14?
"dual stock listings,etc etc. " and thus today's "rally" in which all of Israel's corpsicle cult members' brokers got stock transferred to their accounts --for resale to retail roadkill.
"What don't we know?" That the "results" are already priced in over a 5 year hold. Possibly another fake "investor service" will hype this on behalf of cronies and MMs, putting some beta in to trade around.
""What don't we know?"' ... That BTX is a chew toy for specialists, mMs, and traders.
It's why pumpers and gameboys around here are always blathering about Pan blahblah coming, going to 10, mikey is a genius----so that insiders and cronies can con retail roadkill into mortaging their retirements by owning this dog.
Good try, but no. Read those filings again--starting with the S-3 that says nothing about actual dilution--onlyt hat somehow it will add up to $100mm. Some of that has now turned into spiral debentures---the same as it did last time, letting AK Neal and Garfies to keep getting stock at zero net basis.
Let's say BTX were to get acquired--for FOUR TIMES its own valuation of its patent estate. rotfl....
.................... that would be around around 1 3/8.
Do the __math__ --- not the hype.
Indeed: do the math. How much has the O/S increased in 4 years? How much debt? How much higher is the burn rate? And, indeed, "spawned" is correct...The wreckage of $165mm spending by GERN which it admitted was never going to work, was bought by BTX for $5mm as a way to get $12mm more in welfare checks from CIRM.
" Biotime's next-gen plastic surgery procedures " is attempting to get approval as a generic, "me too" product..
And 3 years ago you were saying that it would send BTX over 10 before 2014.
Nonsense. Mikey went on the BOD in 2002. When the doors were aboctu to close under his supervision, AK and Neal did a debt/equity swap and began manipulating the ticker until it was back on the Russell. Mikey stated that getting on the Russel was his major goal.
Mikey's experience in stem cells is the collapse of GERN and ACTC--in both cases thruough endless dilution until he was gone..
"Cruel" is the so-called "longs" around here trying to suck people into doing buy&hold with this dog because "Mikey science short squeeze" while dissing people who think ongoing concerns have revenue somewhere close to G&A. THat is, revs from operations, not selling T-shares.
Want some T/A ? Look at the change in O/S against non-"grant" revenue. Which way does the arrow point?