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Re: buythebuy post# 18163

Tuesday, 12/06/2016 6:32:26 PM

Tuesday, December 06, 2016 6:32:26 PM

Post# of 106832
Quote LOL, "USRM is thin and should be trading around a nickel IMO"

A nickel, LOL???? BASED ON FREAKING WHAT EXACTLY????? The company is in financial survival mode per their own SEC filings, their own "going concern warnings" AND labeled as "INSOLVENT" per the recent Northstar Biotech LLC lawsuit, which is made up of their largest shareholders, some former and/or present BOD members, etc.

They did a 1-for-1000, yes ONE THOUSAND REVERSE SPLIT, in just Nov of 2015, and are already back to being SUB ONE CENT, LOL ! They reverse split it not 10X, not by 100X, but by a factor of ONE THOUSAND...and almost to the day, ONE YEAR LATER had again LOST APPROX 95% OR MORE of the common share value and are right back to SUB ONE CENT...barely clinging to going TRIPLE ZEROES AGAIN... in approx a 12 month period..w/ the most recent ALL, ALL, ALL TIME LOW made just a month or so ago at .00160 per share, and today they just issued another 6.8 MILLION steeply discounted DILUTION SHARES to another one of their toxic debt lenders...AGAIN.....

The stock is trading for a FRACTION OF ONE CENT, today, barely holding on to TWO zeroes after the decimal point, LOL ! What's gonna supposedly cause it to be "valued" at approx TWENTY TIMES its current market valuation, especially as they're issuing DUMP TRUCKS FULL of steeply discounted dilution shares, on a essentially on-going, non stop basis? MAKES ZERO SENSE TO ME?

BETTER CHECK THEIR SEC FILINGS TODAY- they just issued ANOTHER 6.8 MILLION STEEPLY DISCOUNTED, convertible debt shares to one of their "toxic debt" lenders, Daniel James.

https://www.sec.gov/Archives/edgar/data/1388319/000149315216015686/sc13g.htm

That's approx 17% MORE COMMON SHARE DILUTION in like 30 SHORT DAYS from the last 10-Q being issued. AND, the those 6.8 MILLION shares are all steeply discounted, as in approx 47% OFF, to the lowest recent closing BID PRICES....it's NOT GOOD....no way, no how to me.....

DILUTION....DILUTION...DILUTION....DILUTION....those shares are issued at approx .00121 per share, and EVERY LAST ONE OF UM will be hitting the Ask/Sell-side in short order.

The SEC and other's call it "toxic debt" and/or "death spiral financing" for a good reason.

https://www.sec.gov/Archives/edgar/data/1388319/000149315216015686/sc13g.htm

THEE SEC:

https://www.sec.gov/answers/convertibles.htm

"By contrast, in less conventional convertible security financings, the conversion ratio may be based on fluctuating market prices to determine the number of shares of common stock to be issued on conversion. A market price based conversion formula protects the holders of the convertibles against price declines, while subjecting both the company and the holders of its common stock to certain risks. Because a market price based conversion formula can lead to dramatic stock price reductions and corresponding negative effects on both the company and its shareholders, convertible security financings with market price based conversion ratios have colloquially been called "floorless", "toxic," "death spiral," and "ratchet" convertibles."

Here's a Bloomberg piece explaining the same thing, same concept with about another one of USRM's key "convertible debt" lenders- has a nice diagram explaining how floorless, convertible debt "works" and how a "death spiral" works- great piece of financial journalism IMO:

https://www.bloomberg.com/news/articles/2015-03-12/josh-sason-made-millions-from-penny-stock-financing

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