US Stem Cell Inc (USRM)

[Starbase9]

I agree, no hit to "cash flow" in any way...

No way this is big news by itself, not without knowing what's to follow.

Debt was dead wood that wasn't going to get repaid anyway, seems like. That's the concerning part.

Curious as to the details behind the deal. Would an equity exchange have been mentioned in the 8K? I would imagine so, didn't see that.

Something had to give, curious as to what.

This is only a first financial step on a path that can take two very opposite directions, IMO. Either one is a result of no cash, and the optimistic one is under the assumption that Sr. leadership are great negotiators, and that MyoCell is about to go big time, and I don't see the signs of that just yet based on what's public, so I'm waiting to see what more news is to come, cause I have a feeling this is only the first of several large financial "restructuring" announcements to come.