US Stem Cell Inc (USRM)

[Dragon Lady]

"We have an excellent CEO in command here."

Well, the stock price has "only" declined about 95% or more on his watch since he took over in 2010, which is better than the 98% plus total decline since the IPO date of 2008, so I guess that a "plus", kinda sorta maybe?

And the dilution well, it's pretty epic, but I guess that's OK too? Maybe?

Lets see, he took over as CEO in June 23rd, 2010 I believe?
http://www.prnewswire.com/news-releases/bioheart-announces-mike-tomas-appointed-ceo-97013034.html

They were in severe financial trouble at the time (B of A loan default, Bluecrest loan/note default, Northstar created eventually, all that "Stuff" right around that time period) oh, and all the key trials pretty much ground to a halt right around that time, the MARVEL and REGEN phase II/III for example stop right around 2010, and have never progressed since for "lack of funding" or whatever.

And they're still in pretty much major financial difficulties today, 4 yrs later with an auditor "going concern" warning in every latest SEC filing and finishing out this past qtr with $92K, yes, $92 THOUSAND total dollars left in the ole cash account. But yeah, that all seems pretty good I guess?

So, they go from 2010 to today, declining in price from at least about .50 cents a share, maybe as high as .70 cents a share (just pull up a long term chart and look at share price around mid 2010, it's there in black and white or color), to now about 2 cents a share, with an all time low occurring on his watch of .0063 in DEC 2013, about 10 month ago now. So yeah, that's all pretty good I guess.

And then the dilution- lets see. Around 2010 the shares were:

From 10-Q for Q-3 2010, PAGE 1: (a few months after he takes over as CEO)

"As of September 30, 2010 there were 29,366,985 outstanding shares of the registrant’s common stock, par value $0.001 per share."


So there's about 30 MILLION, yes, 30 MILLION shares O/S total then in mid 2010 when he starts as CEO and in full control and a share price North of .50 cents or so.

Share count today, from most recent filed 10-Q, Q-2, 2014, PAGE 1:
"As of August 1, 2014, there were 517,272,472 outstanding shares of the Registrant’s common stock, par value $0.001 per share."

So from 30 MILLION shares to now at least 517 MILLION (it's gonna be a lot more than that on next 10-Q in a few weeks), and a share price decline of at least 95% or so under one's "management", yeah- I can see how that's pretty darn "good" IMO. I guess?

Makes sense to be getting paid a $MILLION or so a yr for those results I guess? Yeah. Makes perfect sense to me? Must be a "performance" or total "ROI, return on investment to stock holders" based compensation plan IMHO. Yes.