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Monday, October 24, 2016 10:06:12 AM
It's collapsing....now on a MONDAY AM...making another new RECORD ALL, ALL, ALL TIME LOW...HOLY FREAKING COW....
Straight off the OTC Market site:
0.00160 -.0002 (-11.11%)
Real-Time Best Bid & Ask
0.0017 / 0.0021 (308695 x 100000)
BLEEDING RED...right out of the gate Monday AM and making ANOTHER NEW ALL, ALL TIME LOW...free falling like a lead boat anchor going to the BOTTOM.
DOWN 11% right "out of the gate" on a Monday after a horrific prior week wipe-out of making new ALL, ALL, ALL TIME LOWS almost daily, all week long.
It's now at .00000160 when split corrected for the Nov 2015 massive 1-for-1000 reverse split.
STAGGERING LOSSES, and seemingly accelerating to the down-side, appearing to me like the only real "bottom" is potentially ZERO....literally approaching ZERO in common share price and collapsed market-cap.
Google finance as of right now, today, has the market cap listed as a lousy $23,123.00 bucks. Not even a freaking new Honda Civic or Toyota Camry...THAT is the total "value" being assigned to by the free market- just stunning.
https://www.google.com/finance?q=usrm&ei=7RMOWKmcDqa8iwK774KwDA
How does a public traded company survive a $23K market cap and what's even left for Northstar Biotech LLC to "mediate" over at this point in their recently filed major lawsuit? Who's gonna finance this mess with a $23K market cap and probably close to ZERO cash left on-hand given their circumstances and past, recent history of closing each qtr with almost no cash, and now paying large law firms out the butt on constant retainer all the time????
NOT looking good here seems to me....looks like DIRE STRAIGHTS and I don't mean the 80's band.
Posts are only my amateur opinions, personal views and thoughts. They are not any type of investment advice. Do one's own due diligence.
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