US Stem Cell Inc (USRM)

[Dragon Lady]

" Any SHAREHOLDER feeling peeved enough relative to the increasing of salaries may choose to petition the company to hold a binding vote on the compensation of the Company’s named executive officers at the next annual meeting, and then vote their shares accordingly. "???

How would that work? The common shareholder have no "vote" or voting power in this company? Look at the way the insiders have set up the share structure and thus any "voting rights" and especially the preferred shares given to Northstar.

There will never be a "vote" involving the common shareholders?

Read the recently filed SEC form 14 taking the shares to 2 BILLION to see what BHRT thinks about their common shareholders and if they care one wit about their input or a shareholder "vote".

Latest form 14C, filed 4/28/14:
"WE ARE NOT ASKING YOU FOR A PROXY AND YOU ARE REQUESTED NOT
TO SEND US A PROXY."

and
"The increase in the authorized shares described in the accompanying Information Statement has been duly authorized and approved by the written consent of the holders of a majority of the voting capital shares of the Company’s issued and outstanding voting securities, your vote or consent is not requested or required."

" Management and one non-solicited shareholder, representing 597,553,092 voting capital shares (including 20,000,000 preferred shares that have 25 for 1 voting rights or 500,000,000 voting shares) (62% of the Company’s issued and outstanding voting stock as of the record date) executed a written consent approving the action."

Translation- "Management" and "Northstar, LLC" who are essentially one in the same for all intents and purposes. And don't worry, as the dilution increases, they just "adjust" up those preferred share voting rights and also grant the "Management" more shares and instant-vest options to insure they always hold enough shares for the controlling vote. That's how they've done it in the past- they bumped the Northstar voting block from 20:1 to 25:1 not that far back- think that was by accident?

Yeah, a "shareholder petition to vote" or whatever? Like that's ever going to happen with this company IMO? Like they care what the common shareholders think, let alone any return on value to them. They dilute like water while increasing their own pay and bonuses and options grants and do option grant re-prices to put them "in the money" and "instant vest" options, you name it, to "take care" of the insiders first, every last time IMO.