US Stem Cell Inc (USRM)

[BigAlBalbosci]

wow: During the nine months ended September 30, 2014, the Company entered into Securities Purchase Agreements with Fourth Man, LLC. (“Fourth Man”), for the sale of an 8% to 9.5% convertible note in the aggregate principal amount of $75,000 (the “Note”).
The Notes bears interest at the rate of 8% to 9.5% per annum. As of the quarter ended September 30, 2014, all interest and principal must be repaid one year from the issuance date, with the last note being due August 28, 2015. The Notes are convertible into common stock, at Fourth Man’s option, at a 47% discount to the average of the three lowest closing bid prices of the common stock during the 10 trading day period prior to conversion.

these are the type of toxic deals that I've seen floor a stock all the way to par.

new asher deals could mean new promotions. I agree they are less murderous than Magna, but they with Magna and Fourth man also in the loop, and all those shares becoming convertible at or around the same time….

Asher could promo HEAVY and this would just give more of a selling frenzy to the other toxic deals.

the 3 mil deal yields a low discount on shares,

but if the other deals resemble the above deal with Fourth Man (47% discount to retail) it could be a guessing game of POP while riding the wheel barrow down the hill.