US Stem Cell Inc (USRM)

[Dragon Lady]

LOL, NO "breakout" myth happening??

Bid just DROPPED to .0091, trading purely on the spread on anemic volume.

BMAK is parked on the Ask with a 10K share block at .0099, that's the "cap" for the day more than likely IMO.

http://www.otcmarkets.com/stock/BHRT/quote

The volume is low, anemic compared to the sell/dump days- so there's no proof of any buyers rushing in here that I can see? It's trading on the spread only, same as the past month or more. What's changed?

It didn't even "pop" or break ONE CENT on the "big revenue" blah, blah report. They're tapping Magna and using toxic, convertible debt as much, if not more than ever at my first-glance read of that 10-K. And have GOING CONCERN WARNING of $36K cash left against now almost $11 MILLION in debt- worse than the last 10-Q, only 3 months ago. $205K TOTAL ASSETS to their name- that even dropped by about $45K from the last 10-Q filing. LOSS is up over yr 2013.

NO re-start of the MARVEL trial or whatever- nothing. Just same old cut-n-past wording about "when or if we get funding blah, blah, blah"

PAGE 45, just filed 10-K:

" We suspended activity on the trial in 2010 while seeking additional funding necessary to conduct the trial. We are seeking to secure sufficient funds to reinitiate enrollment in the MARVEL and REGEN trials. If we successfully secure such funds, we intend to re-engage a contract research organization, or CRO, investigators and certain suppliers to advance such trials."

They're in dire financial condition- and the "revenues" didn't change a thing that I can see. Whatever the revenues brought in- they spent just that much more, and that's w/o even spending much of anything on R&D (a pittance $66K for the yr) let alone any major "clinical trials" like a Phase II/III Marvel or whatever.

NOTHING has changed IMO, not a thing. Cash poor, living off of dilution and numerous new toxic, convertible cash-for-shares deals, paying bills in millions of shares of common stock, etc Tapping Magna now too.

What changed?