US Stem Cell Inc (USRM)

[Dragon Lady]

MIRROR "phase 3 trial" is UP IN SMOKE, like SMOKE AND MIRRORS I guess?

It just never happened and never was FULLY FUNDED BY BIOHEART now was it??

I'd love to see that one explained, really would love it?

Most recent 10-Q SEC filing, PAGE 29:

" We have initiated and enrolled our first patient in the MIRROR trial in 2013. The trial is very similar to the MARVEL trial but focusses on sites outside the US. We will continue enrollment in the MIRROR trial once we have secured sufficient funds."

Initial MIRROR hype PR, from over 1.5 yrs ago:

"http://www.marketwired.com/press-release/bioheart-announces-phase-iii-mirror-trial-for-myocell-initiated-otcqb-bhrt-1807938.htm

"The MIRROR trial is fully funded by Bioheart and will be conducted at up to 35 centers in North and South America. The trial is designed to enroll up to 126 patients over a 12 month time period. The first patient has been enrolled in Mexico at the Hospital Angeles with the Regenerative Medicine Institute (RMI). "

Now today's PR, Jan 25th, 2015 (aka TRUTH COMES OUT)

"The Company has no further plans to advance its ANGEL and MIRROR clinical development programs."

Well, since MIRROR NEVER ACTUALLY "advanced" in the first place- beyond a vast PR HYPE IMO, I guess there's not much to stop now from "advancing" now is there?

How can this be justified? The original PR MIRROR hype, then 1.5 yrs of SEC statements "baiting" the shareholders that it was still "on-going" and going to "get funded" to now the reality today; the oops, you know what, "We just CANNED WHAT NEVER REALLY WAS IN THE FIRST PLACE". The ole free mulligan I guess, eh? 1.5 yrs of just "minor" ole pesky mis-statements I guess?? FULLY FUNDED but NEVER FUNDED- ah, heck, just some pesky ole word play, right? What the heck- what's it all mean in the end, right? FULLY FUNDED, patients enrolling, vast patient counts, 35 "centers" around in North AND South America, patient supposedly "enrolled" in a PHASE 3 trial, heck- who cares that it NEVER ACTUALLY HAPPENED, RIGHT? It's all cool, no sweat, it's good, it's all right. No sweat IMO.

Heck- just a few misplaced words on some old PR's and 1.5 yrs of SEC statements I guess? Right? I mean I don't "get it" and am very confused by it- but hey, that's just me I guess? The ole PR HYPED PHASE 3 THAT JUST NEVER WAS and NEVER WAS "FULLY FUNDED BY BIOHEART". What the heck- one for the history books I guess?