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Re: stemcell post# 83037

Friday, 04/17/2015 8:31:58 AM

Friday, April 17, 2015 8:31:58 AM

Post# of 92701
Read the financials, Stem. Clearly outlines shares were
exchanged for an amount which is reflected in the FYE13
Accounts Receivable line item. The timing of the announcement
lines up to the period a check was cashed and part of funds moved
from accounts receivable to working capital (cash) in Q3/2014.

Approximately $200K was received from Angel investor in Q4/2013 per the financials?

http://otcmarkets.com/stock/RIGH/news/Bud-Genius-Receives-Funding-Commitment-from-Angel-Investor?id=86569&b=y

Read Accounts Rec (page 3) and page 14 Notes 4.
http://www.otcmarkets.com/financialReportViewer?symbol=RIGH&id=120871

It was in check form (accts rec), then converted to cash as needed per quarter.

http://www.otcmarkets.com/financialReportViewer?symbol=RIGH&id=129668

You can follow the audit trail by the notes, accounts receivables (check(s)),
and the cash on hand (converted the checks to cash).

Notes state money from investments were put into accounts receivables.

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=112818457