US Stem Cell Inc (USRM)

[Dragon Lady]

"North Star was Chuck Hart/Director when the company increased the A/S he had to take all common stock... the company then was no longer in forbearance agreement"????

Huh? Where? When?

Northstar to this day holds all the preferred shares of stock in this company BHRT, 20 MILLION shares of preferred, and all the associated voting rights (25 to 1 votes per preferred to common), which gives them 100% voting control rights over all the common shareholders (25 X 20 million = 500 MILLION shares of voting rights power).

He, Hart and/or Northstar were never "had to take all common stock"- that's just 100% FALSE.

Latest SEC form Schedule 13G, just recently filed and updated to show an INCREASE in Northstar share holdings- and it shows 20 MILLION PREFERRED SHARES being held by Northstar LLC, aka CHUCK HARD PRESIENT/CEO/DIRECTOR whatever his title is.

http://www.sec.gov/Archives/edgar/data/1388319/000114544314001231/0001145443-14-001231-index.htm

Form 13G, filed Oct 1, 2014, LINE 8:
"Shared dispositive power: 52,368,582 capital shares (32,368,582 shares of common and 20,000,000 preferred (each share of preferred stock has voting power equal to twenty-five common shares)"

Line 1:
"Names of reporting persons: Northstar Biotech Group, LLC"

Section item 2:
Item 2.
2(a) Name of person filing: Chuck Hart, Managing Member
2(b) Address or principal business office or, if none, residence: 19345 Rhinestone Street, NW, Anoka, Minnesota 55303
2(c) Citizenship: U.S.
2(d) Title of class of securities: Common
2(e) CUSIP No.: 09062F 20 1 "

It's right there in black and white- there was no "had to change to common shares" or whatever? TOTALLY FALSE. WRONG.