BMTS Corp goes down for the count and takes Demolizer II with it

Way back in November 2011 I posted about a cool pharmacy technology called the Demolizer II, a sharps waste eliminator system of sorts. That’s not the interesting part though. That particular post has generated more comments than any other post I’ve ever written. As of this moment there are 32 comments attached to it, mostly bad.

Starting last month comments mentioning BMTS going out of business started to appear.

Mike – December 26, 2012 at 5:27 pm
BMTS, a public company appears to be out of business. They have not filed a report with the SEC since the third quarter of 2011.

John – January 22, 2013 at 11:35 am
The IRS has placed locks on the office doors at BMTS due to back taxes. Not sure what the future holds for these guys but its not good at this point.

Sharon Wagner – January 22, 2013 at 11:38 am
I just spoke with the owner of the company, John Bricken, who apologized profusely, told me that the company is in financial dire straits and told me to do whatever I have to do because he has no way of helping me. I point blank asked him if I purchased a very expense piece of equipment that is now useless and his respose was, “yes, I’m afraid so”. I asked if there was any possibility that we would be able to eventually get the containers and use this device again and he told me if he was a betting man, he’d say no. The long and the short of my conversation with Mr. Bricken was that we might as well throw our Demolizers away because the company is going belly up! At least someone was finally honest with me!

Kind of sad really as the Demolizer II was a pretty cool product.