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Re: d5wr59mfi8 post# 145053

Wednesday, 10/22/2014 2:02:59 PM

Wednesday, October 22, 2014 2:02:59 PM

Post# of 158400
LMFAO @

which helps to proves that the increase in the O/S are RESTRICTED MILESTONE SHARES


Your post is Utter Nonsense. frown

BMSN is not responsible for paying the "Milestone Shares" and it would be illegal for Koos, aka "Dr. Dilutions," to Dilute BMSN shares to do so,, as it is Regen BioPharma Inc.'s ( RGBP's ) Debt & Agreement to pay!!! frown

http://www.sec.gov/Archives/edgar/data/1079282/000110262413000703/biomatrix8k.htm

On May 1, 2013 Dr. Wei Ping Min (“Min”) entered into an agreement (“Agreement”) whereby Min assigned to Regen BioPharma Inc. (“Regen”) , a wholly owned subsidiary of Bio-Matrix Scientific Group, Inc.(“the Company”) , all right, title and interest in US Patent # 8,389,708 as well as all Patent applications from the same family corresponding to numbers PCT/CA2006/000984, CA2612200 and EP1898936.(“Min IP”)

US Patent # 8,389,708 was granted to Min with regard to his invention of a method directed to the silencing of immunosuppressive cancer causing genes using short interfering RNA (siRNA) leading to an increase in the immune response, a decrease in tumor-induced immunosuppression and a decrease in in vivo tumor progression.

As consideration for the Min IP, Regen is required to:

(a)
negotiate in good faith with Min with regards to a proposed consulting agreement whereby Min shall perform certain mutually agreed upon tasks for the benefit of Regen for consideration to Min consisting of One Hundred Thousand United States Dollars ($100,000 ) of the common shares of the Company valued as of the date of issuance and to be paid over a twelve month period in twelve equal installments (“Consulting Shares”) and registered under the Securities Act of 1933 on Form S-8.

(b)
Cause to be issued to Min 100,000 of the Company’s preferred shares (“Assignor Preferred Shares”) exchangeable into common shares of the Company (“Exchange Common Shares”) under the following terms and conditions:

(i)
A sufficient number of common shares shall be authorized for issuance by the Company in order that the required number of Exchange Common Shares may be issued"

.....Etc Etc


Koos has ALREADY set Regen up to start Printing & Diluting its shares,, SOON, as RGBP (58% BMSN owned) has a A/S of 500,000,000!! frown

BMSN is in serious Debt,, as show in my previous post,, and wayyyy deeper in Debt since the last 10Q,,, as will be reported in the next 10Q due out soon! frown .
...so the Current Dilution is for BMSN's Mountain of GROWING DEBT!! frown

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=107403840

"As of June 30, 2014, ......................current liabilities of $1,591,634"




















































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As always,, the above Post is "Just My Opinion!" wink

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