US Stem Cell Inc (USRM)

[Dragon Lady]

toddski, HOLY COW??

You think that's a typo? I think they forgot to divide for the R/S reverse split or something?

Cause otherwise - you're 100% correct, he'd have spent (thrown away) enough coin to have practically bought the collapsing market cap on this POS?

Makes NO freaking sense to me- how he can/could keep throwing that much good money after bad?

I think they might still have a typo/calculation error in that SEC filing?

They only have about 1,400,000 shares O/S as of now. And Murphy also holds shares inside of the Northstar screw-ball LLC "thingy".

Just based on that amended Form-4, Murphy would now be holding (NOT counting his Northstar LLC shares) approx

275,000 / 1,400,000 = .19 X 100 = 19% of the O/S shares. Wow. And he'd be at a HUGE LOSS on um at this point, based on the prices he's been paying or did pay per SEC filings.

http://www.sec.gov/Archives/edgar/data/1388319/000118518516003483/xslF345X03/form4a-murphy011516.xml

Crimeny- on that day it went to 25 CENTS recently, Murphy would have paid more than the entire market cap then- which hit around $350K lousy bucks. And it's not long before it's gonna go back to those levels IMO, since Magna has 340K MINIMUM new, steeply discounted, mass dilution shares about to get handed to um per the recent SEC S-1 filing (which by the way, it's been 30 days and still no "effective" statement?). AND, the company is now mired in another large lawsuit- which has to be costing um a LOT of cash to hire and pay attorneys and what not IMO?

WOWZA. What a disaster? I almost feel bad for the guy- I mean, why? Why throw money down the drain like that? Right before you're about to go another dilution round of at least 340K shares with Magna of all firms, per the SEC S-1 filed recently? Why?

Wow.

So Murphy paid $1.69 each for 219K shares and another 55K shares in his wife's name? Can that be right?

$1.69 X approx 275K = $370,000 freaking dollars? Is that what that filing is saying? For shares that are selling for about 70 CENTS now today? WHAT A WIPE OUT ! Might as well just light his money on fire in the barbecue or something? Makes ZERO sense to me? NONE?

The entire market cap as of close today is approx about $980K, so yeah, he practically could have bought all the shares when they hit 25 CENTS recently, LOL !!

I sure don't get it?

http://www.sec.gov/Archives/edgar/data/1388319/000118518515003299/usstemcell-s1_121115.htm

"This prospectus relates to the resale of up to 341,718 shares of our common stock, which may be offered by the selling stockholder, Magna Equities II, LLC, a New York limited liability company, or Magna. The shares of common stock being offered by the selling stockholder are issuable (i) upon conversion of a senior convertible note in the principal amount of $110,000, or the First Convertible Note, that we issued to Magna on October 1, 2015 and amended and restated on December 3, 2015, pursuant to the terms and conditions of a Securities Purchase Agreement with Magna, dated October 1, 2015 (the “Initial Purchase Agreement”) and (ii) upon conversion of a senior convertible note in the principal amount of $262,500, or the Second Convertible Note, that we issued to Magna on December 3, 2015, pursuant to the terms and conditions of a subsequent Securities Purchase Agreement with Magna, dated December 3, 2015 (collectively, with the Initial Purchase Agreement, the “Purchase Agreement”)
"