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US Stem Cell Inc (USRM) RSS Feed

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Posts (Total)
106821
Created
02/27/08
Type
Free
Moderators Dragon Lady





NEWS ALERT June 2nd 2021:


******** U.S. Stem Cell Inc. LOSES THEIR 11th CIRCUIT FEDERAL APPEAL********

"
III. Conclusion 
For these reasons, neither the same surgical procedure exception nor the 361 HCT/Ps exception applies to the Clinic’s surgical practice. The Clinic did not challenge the district court’s judgment upon any other ground. Accordingly, we AFFIRM the judgment of the district court."


https://media.ca11.uscourts.gov/opinions/pub/files/201913276.pdf

https://www.sun-sentinel.com/business/fl-bz-us-stem-cell-loses-appeal-of-shutdown-20210603-bft7txqtkvb5hc5lzgemzh7niu-story.html

https://news.yahoo.com/sunrise-stem-cell-clinic-loses-193500517.html

U.S. Stem Cell Clinic LLC (1290 Weston Rd Suite 230A, Weston, FL 33326) is now under PERMANANT INJUNCTION as issued by the FDA w/ legal backing of the DOJ (U.S. Department of Justice)
https://usstemcellclinic.com/

________________________________________________________________________________________________________________________________________________________________________

STOCK INFORMATION:

https://www.otcmarkets.com/stock/USRM/overview

Symbol: $USRM
(Formerly named Bioheart and former trading symbol $BHRT)

Authorized Shares
2,000,000,000
07/29/2022
 
Outstanding Shares
598,102,281
07/29/2022

661,507,317
05/23/2023
DILUTION is continual and never ending


OTC Markets Site: "EXPERT MARKET" aka formerly the Grey Market where dead tickers are parked

EXPERT MARKET
 
 
Company is not current in its reporting obligations under Section 13 or 15(d) of the Exchange Act.

As of June 14th, 2021 USRM is missing and grossly delinquent on "Timely filing" of the following Qty-6 SEC LEGALLY REQUIRED FILINGS - 

1) 2019 SEC 10-K Annual Report (audit required) due March 31st, 2020

2) 2020 SEC 10-Q for Q-1 due May 15th, 2020

3) 2020 SEC 10-Q for Q-2 due July 15th, 2020

4) 2020 SEC 10-Q for Q-3 due Oct 15th, 2020

5) 2020 SEC 10-K Annual Report (Audit required) due March 31st 2021

6) 2021 SEC 10-Q for Q-1 due May 15th, 2021

Main Corporate Website: http://us-stemcell.com/

All SEC filings for $USRM can be found here on the SEC EDGAR database:
https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=0001388319&owner=exclude&count=40&hidefilings=0



___________________________________________________________________________________________________________________________________________________________________________
 

Management:

Executive Officers and Directors
Set forth below is information regarding U.S. Stem Cell Inc. executive officers and directors as of Dec 5th, 2023
 
Name Age Title
Mark P. Borman  71 Director, Chairman of the Board
Mike (Michael) Tomas 60 Director, President and Chief Executive Officer, Chief Financial Officer
Gregory Knutson 71 Director
Sheldon T. Anderson 75 Director
     
William P. Murphy, Jr. M.D. 100 Deceased as of Dec 3rd, 2023.
Former Chairman Of The Board (Supposedly retired and supposedly replaced by Mark P Borman on March 4, 2022 - OTC profile and their own company website shows NONE of this to be true or accurate !  Murphy is still shown as "Chairman" on all key websites owned and operated by U.S. Stem Cell Inc and on their OTC Profile which CEO Miguel Tomas controls/updates.)
Kristen Comella 49 Former Director and former so called, "chief science officer" . Now owns and operates Biohacker's Gym Weston, FL and U.S. Stem Cell Clinic LLC Weston, FL.  U.S. Stem Cell Clinic LLC appears to have moved to Boca Raton FL and now operates under the name "Infinite Impact Clinic" at 9874 Yamato Road 122, Boca Raton, FL 33434

_____________________________________________________________________________________________________________________________________________________
U.S. Stem Cell, Inc.

1560 Sawgrass Corporate Pkwy
4th Floor
Sunrise FL, 33323

Phone: 954-835-1500
Former address until 9/30/2019 was: 13794 NW 4th Street, Suite 212, Sunrise, Florida 33325
 
___________________________________________________________________________________________________________________________________________________________________________


Key National News and Press Events and SEC Filed Actions For U.S. Stem Cell Inc, Formerly Known as Bioheart:

https://media.ca11.uscourts.gov/opinions/pub/files/201913276.pdf

https://www.sun-sentinel.com/business/fl-bz-us-stem-cell-loses-appeal-of-shutdown-20210603-bft7txqtkvb5hc5lzgemzh7niu-story.html

https://news.yahoo.com/sunrise-stem-cell-clinic-loses-193500517.html

http://us-stemcell.com/usrm-oral-argument-in-appeal-from-fda-enforcement-action/

https://www.washingtonpost.com/news/to-your-health/wp/2017/03/15/three-women-blinded-by-unapproved-stem-cell-treatment-at-south-florida-clinic/

Monday Feb 22, 2021 USRM files a "DEBT OFFERING" after market close- apparently trying to raise cash to keep the company or business going:
https://www.sec.gov/Archives/edgar/data/1388319/000118518521000257/xslFormDX01/primary_doc.xml

Case No: CACE 20012095
Brenda Leonhardt Plaintiff vs U.S. Stem Cell Inc, Mike Tomas, Kristen Comella, William P. Murphy Jr, et al
Broward County Circuit Court – recent ruling on motions as of Feb 4th 2021


Judge DENIED ALL MOTIONS to "dismiss" the defendants via ruling in favor of plaintiff Brenda Leonhardt who is owed a debt of over $1.4 million dollars which U.S. Stem Cell Inc and its principal Sr Mgt have failed to pay back for approx a decade now.  This can literally bankrupt USRM and/or compel them to bankruptcy and/or result in a dilution of approx 500 million to a billion shares easily as USRM has little to no cash at any given time and no way to pay the other defaulted very large debts they already owe also:
 
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