US Stem Cell Inc (USRM)

[Dragon Lady]

Market cap HAS TOTALLY COLLAPSED to a pittance of $3.69 MILLION as of yesterday.

As of last filed 10-K, BHRT had only $36K cash left on-hand and just accounts payable alone of over $2 MILLION dollars. They're insolvent for all intents and purposes IMO and per the "going concern warnings" apparently the opinion of their own auditors.

The more the price collapses, the harder it gets for them to raise even pittances of cash using the dilution machine toxic debt deals from the hedge fund houses (Asher, Daniel James, Vis Vires, Fourth Man, KBM Worldwide, etc)

They're in the death spiral IMO, a classic dilution machine death spiral.

If they couldn't dilute 10's and 10's of MILLIONS of shares constantly- they'd of been BK a long, long time ago already. They're teetering on BK now IMO, and much closer now with the collapsing share price and collapsed market cap. It gets harder by the day for them to raise pittances of survival cash- and all they are as a "company" is THREE people left, per their own latest filed 10-K. THREE, LOL !!

Here's the SEC and a few other good articles explain what a toxic debt, convertible floorless debt death spiral is:

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

http://en.wikipedia.org/wiki/Death_spiral_financing

http://financial-dictionary.thefreedictionary.com/Death+Spiral

http://financial-dictionary.thefreedictionary.com/Toxic+Convertible

http://www.investopedia.com/terms/d/deathspiral.asp

And now BHRT hit the desperation straights so bad- they went to the notorious of the notorious, MAGNA.

Here's what Bloomberg Finance, one of the most reputable financial journalism sources in the world had to say about who MAGNA is and who the guy behind it is- not a pretty picture of what happens to nearly all company's that in desperation for cash, go to Magna for bottom of the barrel financing deal- fascinating financial journalism piece IMO:

http://www.bloomberg.com/news/articles/2015-03-12/josh-sason-made-millions-from-penny-stock-financing

Josh Sason, the guy IMO who now essentially, for all intents and puposes "owns" the trading dilution on BHRT. His reputation in penny-ville as a share price crusher is far and wide and well documented.