US Stem Cell Inc (USRM)

[jdaddy]

I'm curious what the 10k report says. It seems like all Bioheart knows how to do is spend money. Unless I misread something in the last reports, I believe this much is true:

-They currently have a $2 million lawsuit against them, and they have almost no revenue.

-They pay their CEO $500k a year, which is way too much IMO. I'd like to see them put some of that back in to R&D or in to other investments.

-They lease a small building for $65k a year, they could buy their own property for less than that if they were serious about their finances.

-and Bioheart has practically no assets.

- Also, like another member stated here, the Bioheart stock shares have lost >90% of its value since it became publicly traded.

I would be scared to invest in this stock for any length of time right now. If I had some information to let me know the company was turning its financial situation around, I may change my mind. I love the concept of the stem cell regeneration, it is the future of medicine.