US Stem Cell Inc (USRM)

[Dragon Lady]

WRONG, Quote: "Operating expenses are down more than 50% yr after yr."

READ THE SEC FILING "statement of operations", last filed 10-Q. Total operating expenses have massively increased yr over yr.



See the line entry called "TOTAL OPERATING EXPENSES" on that STATEMENT OF OPERATIONS

That SEC filing 10-Q covers the 9 month period to Sept 30 and compares 2013 to 2014

TOTAL OPERATING EXPENSES 2013: $2,246,365

TOTAL OPERATING EXPENSES 2014: $4,109,567

Almost a DOUBLING of operating expenses yr over yr from 2013 to 2014

No "operating expenses" being "down 50% yr over yr"??? That is a 100% FALSE statement completely mismatched to that SEC filed 10-Q "statement of operations".