US Stem Cell Inc (USRM)

[Dragon Lady]

"Are we going to 0.005 USD???"

I don't see any reason why it's not 100% possible given the massive, unending dilution and continual use of toxic, convertible debt type financing (as recent as Oct of 2014, see last filed 10-Q "subsequent financing"- it shows two more toxic "notes" with very steep share discounts of 45% on one and 47% on the other).

The all time low for BHRT is .0066 around Dec 2013. So I don't see why .005 is unreasonable given that the shares have just about doubled via continual dilution since that all time previous low was reached around Dec of 2013.

From the 10-Q filing close to the all time low of .0066 in end of 2013:

"As of November ____, 2013, there were 347,175,310 outstanding shares of the Registrant’s common stock, par value $0.001 per share."

From the recently filed 8-K for the proxy share vote:

"At the Annual of Stockholders (the “Annual Meeting”) of the Company held on February 2, 2015, the stockholders of the Company approved each of the proposals set forth below by the final voting results (based on 610,475,357 common shares and 20,000,000 Series A Preferred Shares with voting rights) set forth below."

That's almost a doubling of the O/S shares (fully diluted shares if higher) - a lot of dilution no matter how one slices it IMO.

Seems a very realistic possibility IMO. No one can predict prices, but given that BHRT hit .0066 when they had far less dilution and have continually used toxic note (floorless financing) since then (Asher, Daniel James, Fourth Man, KBM, Magna see SEC filings), and now this highly dilutive Magna credit line for $3 million which they said they intend to "fully tap" and use- it's gonna be a lot of shares hitting the market IMO.

From last filed 10-Q, PAGE 26 (just to show how recently they took on more toxic, aka "convertible debt" aka "floorless" note financing deals- notorious type of financing often causing share prices to decrease, according to the SEC and numerous other credible source easily found via looking up "convertible debt, floorless note financing" or similar Google search terms)

http://www.sec.gov/Archives/edgar/data/1388319/000114544314001305/d31740.htm

Page 26:

"NOTE 13 — SUBSEQUENT EVENTS
Subsequent financing
KBM Worldwide
On October 6, 2014, the Company entered into a Securities Purchase Agreement with KBM Worldwide, Inc., for the sale of an 8% convertible note in the principal amount of $38,000 (the “Note”).
The Note bears interest at the rate of 8% per annum. All interest and principal must be repaid on July 8, 2015,. The Note is convertible into common stock, at holder’s option, at a 45% discount to the lowest daily trading price of the common stock during the 10 trading day period prior to conversion. In the event the Company prepays the Note in full, the Company is required to pay off all principal and accrued interest at 150%, and any other amounts.

Daniel James Management
On October 3, 2014, the Company entered into a Securities Purchase Agreement with Daniel James Management, Inc., for the sale of a 9.5% convertible note in the principal amount of $25,000 (the “Note”).
The Note bears interest at the rate of 9.5% per annum. All interest and principal must be repaid on October 2, 2015. The Note is convertible into common stock, at holder’s option,In the event the Company prepays the Note in full, the Company is requi at a 47% discount to the lowest daily trading price of the common stock during the 10 trading day period prior to conversion. red to pay off all principal and accrued interest at 150%, and any other amounts."

Notice, that KBM note is due by July 8th, 2015- not far off. So KBM either converts it to shares or BHRT owes um 150% of the face value and interest due. My guess, like all these "notes" is it gets converted to free trading shares. That's a good chunk of dilution if converted anywhere near these present prices.

Remember, the lower the price goes- the more dilutive these "note" financing deals become. That's the danger of those type of "floorless" notes- there is literally no bottom to how low the shares can go and still be converted by the note holder. The note holder actually gets more shares the lower and lower the price goes- often something that works to their advantage.

http://www.sec.gov/answers/convertibles.htm