US Stem Cell Inc (USRM)

[Dragon Lady]

LOL Quote, " Remember this use to be on the NASDAQ! "

Too funny- yeah it "was" PAST TENSE "on the NASDAQ" in 2008 which is 7 yrs ago now, and lasted about a grand total of 1 yr on the NASDAQ before being de-listed as the price fell pretty much straight down from the day it was listed.

And that was after a horrible IPO- one that raised almost no funds.

http://venturebeat.com/2008/02/20/bioheart-a-new-record-for-ipo-futility/

http://venturebeat.com/2008/02/19/three-yards-and-a-cloud-of-dust-bioheart-makes-it-across-the-ipo-goal-line-but-with-little-to-show-for-its-struggles/

Then came 2009 and forever relegated to the OTC market where it went on to lose about 99.98% of the value of the common shares, and dilute out from about 20 MILLION shares O/S to now well over 600 MILLION shares O/S and climbing, with 2 BILLION shares now authorized (see increase in A/S SEC filing from 2014)

http://www.bloomberg.com/apps/news?pid=newsarchive&sid=aBNETYMPJCg4

Yeah, BHRT "was" once on the NASDAQ, "briefly" and it might as well be ancient history IMO. What that has to do with what happened since or especially their desperate financial condition today, endless use of dilution and toxic convertible debt financing, etc is beyond me?

Most recent BHRT SEC filed 10-Q, PAGE 12:
"NOTE 2 — GOING CONCERN MATTERS
The accompanying unaudited condensed financial statements have been prepared on a going concern basis, which contemplates the realization of assets and the satisfaction of liabilities in the normal course of business. As shown in the accompanying unaudited condensed financial statements, during nine months ended September 30, 2014, the Company incurred an operating loss of $1,247,199 and used $747,184 in cash for operating activities. As of September 30, 2014, the Company had a working capital deficit (current liabilities in excess of current assets) of approximately $10.0 million. These factors among others may indicate that the Company will be unable to continue as a going concern for a reasonable period of time.
The Company’s existence is dependent upon management’s ability to develop profitable operations and to obtain additional funding sources. There can be no assurance that the Company’s financing efforts will result in profitable operations or the resolution of the Company’s liquidity problems."

I mean Radio Shack just filed BK a few weeks ago- but they were "once on the NYSE", on the NYSE pretty much right up until the BK filing occurred, so does it really matter now they were "once" on the NYSE?

BHRT's common stock "performance" from the NASDAQ days to today (they say a picture is worth a 1000 words or something like that)