InvestorsHub Logo
Followers 376
Posts 17210
Boards Moderated 3
Alias Born 03/07/2014

Re: None

Wednesday, 06/15/2016 4:24:33 PM

Wednesday, June 15, 2016 4:24:33 PM

Post# of 106841
2.5 CENTS, ANOTHER new ALL TIME LOW..

Oh gawd, it just goes looooower and lower?????? Both the Bid and Ask just broke the 3 CENT barrier- making new all, all, all time LOWS.

Right from the OTC Market site itself:

Real-Time Best Bid & Ask
0.025 / 0.029 (30000 x 10000)


BLEEDING bloody freaking RED again today. The common shares are still following the chart/trend of getting CUT IN HALF approx every month to 1.5 months or so....

The shares were 4.5 CENTS less than 30 days ago and now, today, just got whacked close to in half, in not even 1 month's time period. Wowza.

Currently trading today, June 15th, 2016 at 0.025 aka 2.5 CENTS, aka .000025 split corrected for the Nov 2015 massive 1000 to 1 reverse split.

Looks to me like the floorless convertible debt dilution share selling is just continuing on w/ no sign of any let-up that I can see. None?? Recent SEC 13G filings show massive amounts of shares (over 1 MILLION common shares just recently) being issued out to the convertible debt lenders such as Fourth Man and Daniel James (Who freaking knows how many shares have been issued to Magna during this same time period?? My guess- a LOT).

http://www.sec.gov/Archives/edgar/data/1388319/000149315216010309/sc-13g.htm

http://www.sec.gov/Archives/edgar/data/1388319/000149315216010608/sch13g.htm

Here was what the SEC itself asked of USRM recently, regarding their use of convertible debt loans, in this case, via Magna:

http://www.sec.gov/Archives/edgar/data/1388319/000000000016060760/filename1.pdf

http://www.sec.gov/Archives/edgar/data/1388319/000118518516003574/filename1.htm

Quote from the SEC writing to USRM:

"2.
Please revise to provide quantitative and qualitative disclosure regarding the substantial dilution involving Magna’s sales into the market"


SUBSTANTIAL DILUTION- those were the words thee United States Security and Exchange Commission used, when writing to USRM.

Then, USRM modified their disclosure about more borrowing from dilution lender Magna, to state the following:

"In the event Magna Equities II, LLC elects, upon effectiveness of the registration statement of which this prospectus is a part, to convert part of all of the outstanding principal and interest of the convertible promissory notes to the common stock registered hereunder, there will be substantial dilution to the current number of issued and outstanding shares and any sale of such stock may have an adverse effect upon our stock price. The number of shares ultimately offered for sale by Magna Equities II, LLC under this prospectus is dependent upon a number of factors, including the extent to which Magna Equities II, LLC converts the convertible promissory notes into shares of our common stock. Because the actual exercise price for the shares of common stock that Magna Equities II, LLC may receive upon conversion will fluctuate based on the market price of our common stock, we are not able to determine at this time the exact number of shares of our common stock that we will issue and, therefore, the exact number of shares we will ultimately register for resale under the Securities Act. At no time will Magna Equities II, LLC be entitled to convert any portion of the Convertible Note to the extent that after such conversion, Magna Equities II, LLC (together with its affiliates) would beneficially own more than 4.99% of our common stock (as calculated pursuant to Section 13(d) of the Securities Exchange Act of 1934, as amended, or the Exchange Act, and the rules and regulations thereunder). Moreover, there is an inverse relationship between the market price of our common stock and the number of shares of our common stock that may be sold following a conversion to common stock.. That is, the lower the market price, the more shares of our common stock that may be issued and sold. Accordingly, if the market price of our common stock decreases (whether such decrease is due to sales by Magna Equities II, LLC in the market or otherwise) and, in turn, the exercise price of our common stock provided in a conversion of the convertible promissory notes to common stock issued to Magna Equities II, LLC decreases, this could allow Magna Equities II, LLC to receive greater numbers of shares of our common stock. Although the number of shares of our common stock that our existing stockholders own will not decrease, the common stock owned by our existing stockholders will represent a smaller percentage of our total outstanding shares after any such issuances to Magna Equities II, LLC. Depending on market liquidity at the time, the issuance of a substantial number of shares of our common stock by Magna Equities II, LLC, and the resale of such shares by Magna Equities II, LLC into the public market, or the perception that such sales may occur, could cause the trading price of our common stock to decline, result in substantial dilution to existing stockholders and make it more difficult for us to sell equity or equity-related securities in the future at a time and at a price that we might otherwise wish to effect sales."

I guess it all makes sense to me. INVERSE RELATIONSHIP. LOWER the price goes, the MORE SHARES ISSUED TO THE DILUTION LENDERS who then sell/dump them and a wash and a rinse and a repeat.... (Magna, Daniel James, Fourth Man, etc)- just pull up a 3 month, 6 month, 1 yr chart and it's all there IMO. Clear as day.

Posts are only my amateur opinions, personal views and thoughts. They are not any type of investment advice. Do one's own due diligence.