US Stem Cell Inc (USRM)

[Dragon Lady]

"The discount is not based on the trading value of the day they made this agreement.. as is the current misconception being pushed. "

Distinguish between the original Magna "note" and 8-K filing and the new terms for this "credit line"- two totally different animals it appears.

On the "note" 1 CENT is the price and probably lower given the formulation, which only kicks in if the "default" and other provisions occur, making the price fall below the 1.xx cents as the stated price.

Need to read it cover to cover and all exhibits. It's not "simple" in the slightest- it's an extremely complex document and the terms set by this Magna appear brutal and air tight and all tilted so they make out no matter what scenario occurs. It's full of language about all kinds of "default" scenarios, penalties, legal fees, etc.