US Stem Cell Inc (USRM)

[Dragon Lady]

"Exactly. All this and the revenues!! "

EXACTLY and the EXPENSES. The "revenues" made NO difference to the loss from operations- it's LARGER than the same 9 month period last yr. They just tapped 3 different convertible debt deals for amounts of like $25K and $35K at a time in two of um- why? Cause they NEED THE CASH. The "revenues" made no difference.

Just the $800K BONUSES they handed out to two people, those had to be taken as promissory notes- as they DO NOT HAVE THE CASH ON HAND to pay them, despite the "revenues".

Latest 10-Q, page 4: just filed- they finished the qtr with a GRAND TOTAL of $46K CASH on hand. Against just short term debts like accounts payable of over $2 MILLION dollars. That's known as being CASH BROKE essentially. "revenues " made no difference. They're spending more than they take in. READ THE 10-Q.